Sale: 528 / Modern Art, June 11. 2022 in Munich Lot 459

 

459
George Grosz
Aktuelle Kurzgeschichte, 1931/32.
Watercolor, India ink and pen
Estimate:
€ 18,000 - 24,000

 
$ 20,880 - 27,840

+
Aktuelle Kurzgeschichte. 1931/32.
Watercolor, India ink and pen.
Lower left signed as well as barely legibly inscribed "Aktuelle Kurzgeschichte". Lower right dated and presumably belatedly once more signed and dated. Verso with the estate stamp and the hand-written registration number "I/30/10". 59 x 46 cm (23.2 x 18.1 in), size of sheet.
The artist belatedly colored the drawing in ca. 1940. [AM].
• Satirical depiction in the artist's characteristic style.
• Scenes from everyday life provide the basis for George Grosz' socio-critical works.
• Works by the artist are in many important collections, such as Tate Modern, London, the Metropolitan Museum of Art, New York, or the Städel Museum, Frankfurt am Main
.

With a photo expertise by Ralph Jentsch from May 2, 2022. The work will be included into the forthcoming catalog raisonné of works on paper.

PROVENANCE: From the artist's estate.
Private collection Vic Firth, Dedham.
Private collection Ukraine.

EXHIBITION: George Grosz. Gemälde, Zeichnungen, Grafiken 1907-1958, Kunstverein Hamburg, October 4 - November 23, 1975, cat. no. 208.
George Grosz: Berlin – New York, Neue Nationalgalerie, Berlin, December 21, 1994 - April 17, 1995 / Kunstsammlungen Nordrhein-Westfalen, Düsseldorf, May 6 - July 30, 1995 / Staatsgalerie Stuttgart, September 7 - December 3, 1995, cat. no. X.117.

LITERATURE: Alexander Dückers, George Grosz. Das druckgraphische Werk, Frankfurt a.M. 1979, commentary on cat. no. SII, 31.

Called up: June 11, 2022 - ca. 18.20 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for George Grosz "Aktuelle Kurzgeschichte"
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.