Sale: 520 / Evening Sale, June 18. 2021 in Munich Lot 118001727

 
118001727
Joseph Beuys
Minneapolis Fragment, 1974.
Mixed media. Pencil, rabbit blood and F.I.U.sta...
Estimate:
€ 100,000 - 150,000

 
$ 117,000 - 175,500

+
Lot description
Minneapolis Fragment. 1974.
Mixed media. Pencil, rabbit blood and F.I.U.stamp on a metal plate, mounted in a steel frame behind glass.
Signed in center. 64.5 x 90 cm (25.3 x 35.4 in).

• Made in context of a discussion at the University of Minnesota in January 1974.
• Unique object.
• Contemporary docuwemnt and materialized quintessence of Beuys' intellectual world.
• One of the total of six litho plates of "Minneapolis Fragment" is part of the collection of Tate Modern in London
.

PROVENANCE: Art School of Minneapolis, Minneapolis.
Hirschl & Adler Modern, New York.
Private collection (since November 1988, acquired directly from the aforementioned).
Private collection.
Private collection Europe.

EXHIBITION: New York, Hirschl & Adler Modern, Joseph Beuys: Ideas and Actions, 1988, cat. no. 48, pp. 76/77 with illu.
Joseph Beuys: Wo ist Element 3?, Ketterer Kunst, Berlin, March 26 - May 22, 2021.

LITERATURE: Klaus Staeck/Gerhard Steidl, Beuys in Amerika, 1987, illu. without p.
"I am not a theorist, I seek reality. I think that what I do goes far beyond theory and is a quest for the true nature of things."
Joseph Beuys, 1969

Essay
Another one of the other five lithography plates is in the collection of Tate Modern in London. [EH]
118001727
Joseph Beuys
Minneapolis Fragment, 1974.
Mixed media. Pencil, rabbit blood and F.I.U.sta...
Estimate:
€ 100,000 - 150,000

 
$ 117,000 - 175,500

+
 


Buyer's premium, taxation and resale right apportionment for Joseph Beuys "Minneapolis Fragment"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

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

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 2.4% including statutory sales tax.