Sale: 503 / Post War / Contemporary Art II, July 17. 2020 in Munich Lot 120000218

 
120000218
Emil Schumacher
Kalimbi III, 1959.
Oil on canvas
Estimate:
€ 30,000 - 40,000

 
$ 34,200 - 45,600

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Lot description
Kalimbi III. 1959.
Oil on canvas.
Signed and dated in lower right. Titled on the reverse of the stretcher, there with a label typographically inscribed with the artist's name, date, title, number and the dimensions. 79.8 x 60 cm (31.4 x 23.6 in). [CH].

• Pastose work with an appealing surface structure.
• From the early work series of the "Tastobjekte" (Tactile Objects).
• In terms of its color scheme this is a particularly fascinating work by Emil Schumacher
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The work is registered at the Emil Schumacher Foundation Hagen. We are grateful to Dr. Ulrich Schumacher for his kind expert advice.

PROVENANCE: Galerie van de Loo, Munich (verso of the stretcher with a gallery stamp).
Private collection Southern Germany.

 


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Buyer's premium, taxation and resale right apportionment for Emil Schumacher "Kalimbi III"
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.