Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 160


160
Markus Lüpertz
Vision der Veronika, 1985.
Oil on canvas
Estimate:
€ 15,000 - 20,000

 
$ 16,050 - 21,400

+
Vision der Veronika. 1985.
Oil on canvas.
Monogrammed in lower right. Dated, titled and with a direction arrow on the reverse. 100 x 81 cm (39.3 x 31.8 in), in the artist's original frame. [JS].

• Lüpertz is one of the most important German artists of the New Figuration.
• In the mid-1980s, Lüpertz explored the boundary between figuration and abstraction in his work.
• Lüpertz's " Die Vision der Veronika" masterfully merges motifs from the legend with a cubist formal language that dissolves into abstraction.
• A brilliant play with art-historical tradition and the joy of association.
• Markus Lüpertz' paintings can be found today in numerous important collections, among them the Lousiana Museum of Modern Art, Humlebæk, the Pinakothek der Moderne, Munich, and the Stedelijk Museum, Amsterdam
.

This work's authenticity has kindly been confirmed orallyby the studio of Markus Lüpertz. We are grateful for the kind support in cataloging this lot.

PROVENANCE: Private collection Rhineland-Palatinate.

Called up: June 7, 2024 - ca. 14.52 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Markus Lüpertz "Vision der Veronika"
This lot can be purchased subject to differential 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.