Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 181


181
Stephan Balkenhol
Centaur, 2000.
Sculpture of Wawa-Wood, partly in color
Estimate:
€ 18,000 - 24,000

 
$ 19,260 - 25,680

+
Centaur. 2000.
Sculpture of Wawa-Wood, partly in color.
158.5 x 74 x 71 cm (62.4 x 29.1 x 27.9 in). [SM].

• Impressive, expansive sculpture.
• Showcasing a figure from mythology.
• The unmistakable works by the contemporary sculptor are part of, among others, the collections of the Kunsthalle Hamburg, the Museum Ludwig in Cologne and the Kunstmuseum Basel
.

PROVENANCE: Galerie Mai 36, Zürich.
Private collection Switzerland (since 2001, acquired from the above).

Called up: June 7, 2024 - ca. 15.20 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Stephan Balkenhol "Centaur"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.

The artist‘s resale right compensation is VAT-exempt.