Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 8

 

8
Arnulf Rainer
Horizontalgestaltung, 1951.
Oil over graphite on primed paper
Estimate:
€ 40,000 - 60,000

 
$ 46,400 - 69,600

+
Horizontalgestaltung. 1951.
Oil over graphite on primed paper.
Monogrammed "TRA" and dated in bottom right. 30 x 62.5 cm (11.8 x 24.6 in), the full sheet.
With fragments of a larger composition in oil onf gray-primed paper on the reverse. [JS].
• Particularly rare and early work from the work series of the 'Zentralgestaltungen' (Central Compositions), in which Rainer examines the principles of automatism and blind painting.
• To date only two similar works in oil have been offered on the auction market (sourcee: artprice).
• In this work the artist applied the paint with blind-folded eyes while the composition forms in his mind.
• The result is a network of rhythmical lines showing short and quick, as well as longer and softer movements from the process of creation
.

We are grateful to the Studio Rainer for the kind expert advice.

PROVENANCE: Private collection Saxony-Anhalt.

Called up: December 10, 2021 - ca. 14.39 h +/- 20 min.




 

Buyer's premium, taxation and resale right apportionment for Arnulf Rainer "Horizontalgestaltung"
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.