Sale: 528 / Modern Art, June 11. 2022 in Munich Lot 444

 

444
Fritz Klimsch
Jugend, 1940-41.
Bronze with brown patina
Estimate:
€ 40,000 - 60,000

 
$ 46,400 - 69,600

+
Jugend. 1940-41.
Bronze with brown patina.
Braun 207. With the signature next to the right foot. Rear of base with the foundry mark "NOACK BERLIN". 159.5 x 60 x 31 cm (62.7 x 23.6 x 12.2 in).
Post-war bronze cast.
Please find more images and a video on our website.
• One of the artist's largest bronzes on the international auction market.
• Excellent example of Klimsch's subtle and expressiv gesture.
• With a fine and harmonious patina
.

PROVENANCE: Private collection Hesse.
Private collection Saarland (acquired from the above in ca. 2010).

EXHIBITION: Fritz Klimsch. Sonder-Ausstellung im Rahmen der 3. Frühjahrs-Ausstellung Mai-Juni 1942, Preußische Akademie der Künste, cat. no. 204, p. 14 (different copy).

LITERATURE: Hermann Braun, Fritz Klimsch. Werke, Hanover 1980, pp. 92f., with illu. (different copy).

Called up: June 11, 2022 - ca. 18.00 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Fritz Klimsch "Jugend"
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.