Sale: 495 / Post War / Contemporary Art, Dec. 07. 2019 in Munich Lot 242

 
242
Otto Piene
Dark Love, 1975/1986.
Oil
Estimate:
€ 30,000 - 50,000

 
$ 33,000 - 55,000

+
Lot description
Dark Love. 1975 /1986 /87.
Oil , pigment and traces of fire and smoke on canvas.
Verso signed, dated "75/86/87" and titled. 100 x 100 cm (39.3 x 39.3 in).

• Striking material presence
• Bright color contrasts
.

PROVENANCE: Private collection Rhineland.

EXHIBITION: Galerie Neher, Essen (verso of the stretcher with a label).

"Images of the sun became emulations of the sun, a fire dance on the retina and a choreography of fire on canvas. I ignited the solvents that elsewise would have dried to an existence of cozy contemplation, and within seconds I created images on the line between destruction and survival – the "Feuerblumen“ (Fire Flowers). To me they are a liberation from the rules of optical utility and geometry and a turn to organic forms that emerged from the melting process." (Otto Piene)

Called up: December 7, 2019 - ca. 14.42 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Otto Piene "Dark Love"
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.