Sale: 534 / Post War / Contemporary Art, Dec. 09. 2022 in Munich Lot 122001145

 
image follows


122001145
Richard Oelze
Gamen II, 1962.
Oil on canvas
Estimate:
€ 25,000 - 35,000

 
$ 25,500 - 35,700

+
Gamen II. 1962.
Oil on canvas.
Schmied G 118. Lower left signed. Verso with insccription "Gamen". 50 x 65 cm (19.6 x 25.5 in).
[AR].
• Ambiguous forms in nebulous pictorial worlds characterize Richard Oelze's creation.
• Konrad Klapheck had a small collection of his works and Max Ernst also praised his art.
• The Museum of Modern Art in New York acquired a painting by the artist as early as in 1940, which is, along with two more works, still part of the collection today.
• The artist participated in documenta II (1959) and documenta III (1964) in Kassel as well as in the 1968 Venice Biennial
.

PROVENANCE: Galerie Michael Hertz, Bremen (directly from the artist).
Private collection Norhern Germany.
Private collection Southern Germany.

EXHIBITION: Richard Oelze, Gemälde und Zeichnungen aus den Jahren 1925 bis 1962, Galerie Michael Hertz, Bremen 1963, cat. no. 33 (with illu. on p. 25).

"What do I owe to Richard Oelze? For me as a young artist he offered [..] integrity, a man who resisted all temptations and pursued his path, to whom unpainted pictures [..] were more important than potential posts, commissions for stage designs or print editions."
Konrad Klapheck, quoted from: Wieland Schmied, Richard Oelze 1900-1980, Gemälde und Zeichnungen, Berlin 1987, p. 161.




 

Buyer's premium, taxation and resale right compensation for Richard Oelze "Gamen II"
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.