Sale: 529 / Post War / Contemporary Art, June 10. 2022 in Munich Lot 253

 

253
Renato Guttuso
Battaglia di Ponte dell’Ammiraglio (Studie), 1951.
Colored crayon drawing
Post auction sale: € 6,300 / $ 7,308
+
Battaglia di Ponte dell’Ammiraglio (Studie). 1951.
Colored crayon drawing.
Lower left signed, dated and inscribed, and once more dated. With a photo expertise from the Archive Guttuso, Rome, dated November 18, 2020 and with the archive number 1815412561. On brownish board. 49.5 x 59.5 cm (19.4 x 23.4 in), size of sheet. Backing board: 49,5 x 70,9 cm (19,4 x 27,9 in).
[AW].
• Preliminary study for the painting of the same name from 1951/52, which is in the Uffizi Gallery in Florence.
• Renato Guttuso was an important representative of morally motivated realism and co-founder of the "Nuova secessione artistica".
• From 1948 Guttuso's works were exhibited seven times at the Venice Biennial and in 1977 at documenta 6 in Kassel
.

PROVENANCE: Collection Louis Aragon, Paris.
Collection Maria Macorig (obtained as gift from the above in 1978, ever since family-owned).




253
Renato Guttuso
Battaglia di Ponte dell’Ammiraglio (Studie), 1951.
Colored crayon drawing
Post auction sale: € 6,300 / $ 7,308
+

 

Buyer's premium, taxation and resale right compensation for Renato Guttuso "Battaglia di Ponte dell’Ammiraglio (Studie)"
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 living artists, or by artists who died 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.