Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 9

 

9
Giuseppe Santomaso
Ohne Titel, 1951.
Oil on canvas
Post auction sale: € 18,000 / $ 20,340
+
Ohne Titel. 1951.
Oil on canvas.
Stringa 226. Bottom right signed and dated. 70 x 90 cm (27.5 x 35.4 in). [EH].

• Santomaso on a path to a new form as a new beginning after '45.
• He transfers color and light into new abstract forms.
• Santomaso is one oof the great colorists of European Modernism.
• Since 1948 Giuiseppe Santomaso has participated in several Venice Biennials and received the first prize for painting from the city of Venice in 1954
.

PROVENANCE: Private collection South Tyrol (since 1994).

EXHIBITION: FIAC 86, Paris October 25 - November 2, 1986 (with the label on the reverse).




 

Buyer's premium, taxation and resale right apportionment for Giuseppe Santomaso "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.