Sale: 503 / Post War / Contemporary Art II, June 13. 2020 in Munich Lot 119002451

 
119002451
Karel Appel
Palet, 1960.
Oil on panel
Estimate:
€ 14,000 - 18,000

 
$ 15,960 - 20,520

+
Lot description
Palet. 1960.
Oil on panel, firmly mounted on panel covered with canvas.
Signed in lower left. 103 x 70 cm (40.5 x 27.5 in).
With a photo expertise from Jan Nieuwenhuizen Segaar, The Hague, from March 18, 1988, and with a copy of a confirmation of the expertise by Jan Nieuwenhuizen Segaar, The Hague, from March 18, 1996 .

PROVENANCE: Privatsammlung Heidelberg.
Privatsammlung Baden-Württemberg.

Essay
"When I paint its all about the moment from which everything is born. The moment is everything. Neither past not future matter. There are no rules, nothing has to be suppressed or destroyed.“ (Karel Appel, 1979, quote from: Karel Appel, ex. cat. Galerie Beyeler, Zürich 1988).
 


Buyer's premium, taxation and resale right apportionment for Karel Appel "Palet"
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.