Sale: 500 / Evening Sale, July 17. 2020 in Munich Lot 210

 
210
Daniel Richter
The Decorative Immigrant, 2015.
Oil on canvas
Estimate:
€ 120,000 - 150,000

 
$ 136,800 - 171,000

+
Lot description
The Decorative Immigrant. 2015.
Oil on canvas.
Verso of the canvas signed, dated and titled. 141.5 x 200 cm (55.7 x 78.7 in).

• Raucous artistic reaction to the political situation in 2015
• Both format and coloring add to the impressive spatial presence
• Interplay of surface and detail, figuration and abstraction, kitschy beauty and political commentary
• Daniel Richter - superstar of the contemporary art scene
.

PROVENANCE: Galleri Bo Bjerggaard, Copenhagen (verso of the stretcher with a gallery label typographically inscribed with the artist's name, the date, dimensions and technique).
Private collection (acquired from aforementioned).

EXHIBITION: Daniel Richter. New Works, Galleri Bo Bjerggaard, Copenhagen, August 19 - October 24, 2015 (with color illu.).
Wundersame Welten, Galerie Michael Haas, Berlin, March 1 - April 20, 2019.

"I am an artist because I can be skeptical of everyone." Daniel Richter, 2017.

Called up: July 17, 2020 - ca. 17.17 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Daniel Richter "The Decorative Immigrant"
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.