Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 123

 

123
Samuel Bak
Four Figures And One Unknown, 1980.
Color Chalk drawing
Post auction sale: € 3,000 / $ 3,390
+
Four Figures And One Unknown. 1980.
Color Chalk drawing.
Signed in lower left. Verso dated and titled. On firm creme BFK Rives wove paper (with watermark). 104.8 x 74.8 cm (41.2 x 29.4 in), size of sheet. [CH].

• For the first time offered on the international auction market (source: artprice.com).
• Samuel Bak is considered one of the most important Jewish contemporary artists who commit their creation to the examination of the fate of the jewish people during the Holocaust.
• In 2017 the Samuel Bak Museum opened in Vilnius, Lithuania.
• Bak has had many solo shows, among others, at the Jüdisches Museum, Frankfurt a. M., the memorial Yad Vashem, Jerusalem, and a retrospective travelling exhibition with stops at, among others, the Germanisches Nationalmuseum, Nuremberg and the Kunstmuseum Düsseldorf
.

PROVENANCE: Private collection North Rhine-Westphalia (acquired circa 1980).




123
Samuel Bak
Four Figures And One Unknown, 1980.
Color Chalk drawing
Post auction sale: € 3,000 / $ 3,390
+

 

Buyer's premium, taxation and resale right apportionment for Samuel Bak "Four Figures And One Unknown"
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.