Sale: 519 / Post War / Cont. Art II, June 19. 2021 in Munich Lot 665

 
665
Sudarshan Shetty
Untitled (2-tlg.), 2006.
Aluminum, Brass and electric wire
Estimate:
€ 8,000 - 12,000

 
$ 9,600 - 14,400

+
Lot description
Untitled (2-tlg.). 2006.
Aluminum, Brass and electric wire.
Each skeleton: 138 x 275 x 66 cm (54.3 x 108.2 x 25.9 in). Total dimensions: 279 x 282 x 56 cm (109,8 x 111 x 22,1 in).

PROVENANCE: GALLERYSKE, Mumbai
Private Collection, UK, acquired from the above.

EXHIBITION: Sudarshan Shetty. Love, Galleryske, Mumbai, October 9 - October 28, 2006.
Indian Highway, HEART Herning Museum of Contemporary Art, Herning, March 13 - September 12, 2010.
Indian Highway IV, Musée d'art contemporain, Lyon, February 24 - July 31, 2011, pp. 217, 219f. (with illu.).

Called up: June 19, 2021 - ca. 19.47 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Sudarshan Shetty "Untitled (2-tlg.)"
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.