Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 33

 

33
Sigmar Polke
Ohne Titel, 1975.
Acrylic and spray paint with color pen and penc...
Post auction sale: € 45,000 / $ 50,850
+
Ohne Titel. 1975.
Acrylic and spray paint with color pen and pencil on photosensitive canvas.
Signed and dated on the reverse. 40 x 49.5 cm (15.7 x 19.4 in).
[AR].
• Photo-based work from the 1970s.
• Polke's works often have an experimental character.
• The 1970s were quite eventful for the artist: He participated in two documenta exhibitions in Kassel (1972 and 1977) and began to teach at the Hochschule für bildende Künste, Hamburg, in 1977
• In 2018/19, the Museum für Gegenwartskunst in Siegen dedicated the exhibition "Sigmar Polke und die 1970er Jahre. Netzwerke, Experimente, Identitäten" to this important creative period
.

PROVENANCE: Galerie Klein, Bad Münstereifel (formerly Bonn).
Private collection Hesse.




33
Sigmar Polke
Ohne Titel, 1975.
Acrylic and spray paint with color pen and penc...
Post auction sale: € 45,000 / $ 50,850
+

 

Buyer's premium, taxation and resale right apportionment for Sigmar Polke "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.