Sale: 488 / Post War / Contemporary Art II, June 08. 2019 in Munich Lot 599

 
599
Otto Piene
Die Lichtbraut, 1967.
Oil on paper
Post auction sale: € 12,000 / $ 13,560
Lot description
Die Lichtbraut. 1967.
Oil on paper , laid on plastinated canvas.
Signed in lower right and titled in lower left. On smooth wove paper. 48 x 68 cm (18.8 x 26.7 in) . [CH].

PROVENANCE: Private collection Berlin.

 


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Buyer's premium, taxation and resale right apportionment for Otto Piene "Die Lichtbraut"
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.