Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 5

 

5
Herbert Zangs
Knüpfung, 1970.
Mixed media. Cloth, corks knotted with strings,...
Estimate:
€ 25,000 - 35,000

 
$ 29,000 - 40,600

+
Knüpfung. 1970s.
Mixed media. Cloth, corks knotted with strings, whitened.
Bottom right signed. Ca. 189 x 102 x 4 cm (74.4 x 40.1 x 1.5 in).
[AR].
• The group of knotted works was conceived in 1953, and left traces throughout the artist's entire oeuvre
• Unusually large structure in rhythmic-linear layout
• The transformation of the image carrier to a sculptural object becomes particularly obvious
.

Accompanied by a copy of a photo expertise from Mrs. Emmy de Martelaere, Paris, dated March 6, 2017. The work is registered at the Archive Herbert Zangs with the number 2289.

Called up: December 10, 2021 - ca. 14.35 h +/- 20 min.




 

Buyer's premium, taxation and resale right apportionment for Herbert Zangs "Knüpfung"
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.