Sale: 495 / Post War / Contemporary Art, Dec. 07. 2019 in Munich Lot 1089

 
1089
Li Wei
29 Levels of Freedom, 2003.
Cibachrome print
Post auction sale: € 4,500 / $ 4,950
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Lot description
29 Levels of Freedom. 2003.
Cibachrome print on Alu-Dibond.
Signed, dated and inscribed (in Chinese characters). From an edition of 10 copies. 104 x 104 cm (40.9 x 40.9 in).
[CE].

PROVENANCE: Private collection Munich.

1089
Li Wei
29 Levels of Freedom, 2003.
Cibachrome print
Post auction sale: € 4,500 / $ 4,950
+
 


Buyer's premium, taxation and resale right apportionment for Li Wei "29 Levels of Freedom"
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.