Sale: 513 / Post War / Contemporary Art II, Dec. 11. 2020 in Munich Lot 48

 
48
Henri Michaux
I 61, 1965.
Brush and India ink drawing
Estimate:
€ 14,000 - 18,000

 
$ 16,380 - 21,060

+
Lot description
I 61. 1965.
Brush and India ink drawing.
Monogrammed in lower right and upper left. Verso dated and titled as well as inscribed with direction instructions and a direction arrow. On wove paper by BFK Rives (with blindstamp). 75 x 105 cm (29.5 x 41.3 in), size of sheet. [CH].

• In private Swiss ownership for 45 years.
• From Michaux's important series of "Encre de Chine" pictures.
• Large format testimony to his fascination for Asian calligraphy, especially for Chinese ideograms.
• Further works from this series are at, among others, the Städel Museum in Frankfurt am Main, the London Tate, the Guggenheim Museum in New York and the Center Georges Pompidou in Paris
.

PROVENANCE: Galerie Le Point Cardinal, Paris.
Erker-Galerie, St. Gallen.
Private collection Switzerland (acquired from aforementioned in 1975).

EXHIBITION: Henri Michaux, Erker-Galerie, St. Gallen, July 7 - September 7, 1974.

Called up: December 11, 2020 - ca. 14.47 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Henri Michaux "I 61"
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 2.4% including statutory sales tax.