Sale: 513 / Post War / Contemporary Art II, Dec. 11. 2020 in Munich Lot 98

 
98
A. R. Penck (d.i. Ralf Winkler)
Die Wurzeln des Kalten Krieges, 1980.
Oil on canvas
Estimate:
€ 20,000 - 30,000

 
$ 23,400 - 35,100

+
Lot description
Die Wurzeln des Kalten Krieges. 1980.
Oil on canvas.
Stretcher with hand-written title. 70 x 100 cm (27.5 x 39.3 in). [SM].

• "Die Wurzeln des Kalten Krieges" (The Roots of the Cold War) was painted the year A. R. Penck fled the GDR.
• The vigorous brushwork goes hand in hand with the pressing movement of the forms from left to right, expressively staged in a visually impressive manner.
• The tensions between East and West, between the most important spheres of power on Earth after the Second World War, become evident in this picture
.

PROVENANCE: Galerie Werner, Cologne (with a label on the stretcher).
Galerie Fred Jahn, Munich.
Collection Haniel, Duisburg (since 1984, acquired directly from the aforementioned).

LITERATURE: Franz Haniel & Cie GmbH, Die Sammlung Haniel, Ernst Wasmuth Verlag,
Tübingen, Berlin 2010, with color illu. on pp. 211 and 224.

Called up: December 11, 2020 - ca. 15.37 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for A. R. Penck (d.i. Ralf Winkler) "Die Wurzeln des Kalten Krieges"
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.