Sale: 495 / Post War / Contemporary Art, Dec. 07. 2019 in Munich Lot 266

Arman Fernandez
Accumulation, 1988.
Post auction sale: € 5,600 / $ 6,160
Lot description
Accumulation. 1988.
Golf tees in synthetic resin, plexiglass box.
Verso with scratched signature. 76.5 x 56 x 8 cm (30.1 x 22 x 3.1 in).
This object can also be presented with a later white metal easel (overall height ca. 200 cm).

The work is registered at the archive Denyse Durand-Ruel with the number 4618 (inscribed on an adhesive label in the margin). We are grateful to Mrs Durand-Ruel for her kind support in cataloging this lot.

PROVENANCE: Private collection Baden-Württemberg.
Private collection Rhineland (acquired from aforementioned).


Buyer's premium, taxation and resale right apportionment for Arman Fernandez "Accumulation"
This lot can be purchased subject to differential 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 1.5% plus statutory sales tax.