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Sale: 488 / Post War / Contemporary Art II, June 08. 2019 in Munich Lot 549

Lot description
UZOK 2. 1956.
2 sheets Collage , firmly mounted into the painted artist mount.
Each signed in center at bottom, one titled there. Verso of the mount dated, differently titled "NZOK 2" and twice inscribed "G2" by a hand other than that of the artist. Visible area of each work: 44.7 x 28 cm (17.5 x 11 in). With mount: 81,8 x 76 cm ( 32,2 x 29,9 in).

Accompanied by a photo expertise issued by Pierre Vasarely, president of the Fondation Vasarely, universale legatee and owner of Victor Vasarely's personal rights, from January 30, 2016. The work will be included into the artist's forthcoming catalog raisonné, compiled by the Fondation Vasarely, Aix-en-Provence.

PROVENANCE: Private collection Europe.

Victor Vasarely
UZOK 2, 1956.
Post auction sale: € 15,000 / $ 16,950

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Buyer's premium, taxation and resale right apportionment for Victor Vasarely "UZOK 2"
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 1.5% plus statutory sales tax.
Victor Vasarely - lots sold by Ketterer Kunst