Sale: 529 / Post War / Contemporary Art, June 10. 2022 in Munich Lot 208

 

208
Gerhard Richter
Goldberg-Variationen, 1984.
Multiple. Oil on a record
Estimate:
€ 60,000 - 80,000

 
$ 69,600 - 92,800

+
Goldberg-Variationen. 1984.
Multiple. Oil on a record.
Butin 60. Signed, dated and numbered on the label in the center of the B-side. Cover and jacket numbered. From an edition of 100 hand-painted copies. Diameter: 30.1 cm (11.8 in).
With jacket and cover.
• Unique object.
• Unusual image carrier.
• One of the rare complete copies with the numbered album cover and the numbered jacket
.

PROVENANCE: Private collection Lower Saxony.

Called up: June 10, 2022 - ca. 15.17 h +/- 20 min.

For this unusual work Gerhard Richter used a record of Johann Sebastian Bach's famous Goldberg Variations in the important version of the Canadian pianist Glenn Gould from 1982 as image carrier for an abstarct composition. 50 from the total of 100 copies were Richter's contribution to the portfolio "Hommage à Cladders", which the Museumsverein Mönchengladbach released in 1984 to honor the former director of the Städtische Museum Mönchengladbachs. The portfolio comprised works by 17 other artists, among them Gotthard Graubner and Joseph Beuys. The other 50 copies were sold individually. Owing to their individual painting, which makes every copy a unique object, the works are among the artist's most sought-after works on the international market. [EH]



 

Buyer's premium, taxation and resale right compensation for Gerhard Richter "Goldberg-Variationen"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

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.

Calculation of artist‘s resale right compensation:
For works by artists who passed away less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.

The artist‘s resale right compensation is VAT-exempt.