Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 114

 

114
Mark Tobey
Ohne Titel, 1968.
Watercolor on creme paper, mounted on Japon in ...
Post auction sale: € 7,000 / $ 7,910
+
Ohne Titel. 1968.
Watercolor on creme paper, mounted on Japon in corners.
Bottom left signed and dated. 27.5 x 39.5 cm (10.8 x 15.5 in). Backing paper: 49,5 x 59,8 cm (19,5 x 23,5 in).
[AR].
• Tender and harmonious work from the artist's late creative period.
• Tobey is considered a precursor of American "Abstract Expressionism".
• In 1959 and 1964 the artist participated in documenta II and III in Kassel
.

PROVENANCE: Theodor Ahrenberg Collection, Stockholm.
Private collection (acquired from the above).




114
Mark Tobey
Ohne Titel, 1968.
Watercolor on creme paper, mounted on Japon in ...
Post auction sale: € 7,000 / $ 7,910
+

 

Buyer's premium, taxation and resale right apportionment for Mark Tobey "Ohne Titel"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
In accordance with §26 of German Copyright Act, a droit de suite charge of 2.4% including VAT is levied for original artworks and photographs for the compensation of the statutory right of resale.