Sale: 503 / Post War / Contemporary Art II, July 17. 2020 in Munich Lot 120

 
120
Richard Serra
Penn ship, 1987.
Lithograph
Post auction sale: € 9,000 / $ 10,710
+
Lot description
Penn ship. 1987.
Lithograph.
Berswordt-Wallrabe 38. Signed, dated and numbered. From an edition of 31 copies. On firm wove paper. 147 x 127 cm (57.8 x 50 in). Sheet: 156 x 133 cm (64,4 x 52,3 in).

• Probably the most important American contemporary sculptor
• Drawings and graphic works have accompanied his sculptural creation since the early 1970s
• Lithograph of monumental radiance
.

PROVENANCE: Corporate collection Rhineland.

 


Buyer's premium, taxation and resale right apportionment for Richard Serra "Penn ship"
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 2.4% including statutory sales tax.