Sale: 534 / Post War / Contemporary Art, Dec. 09. 2022 in Munich Lot 122001468

 

122001468
Sean Scully
7.21.86, 1986.
Watercolor
Estimate:
€ 15,000 - 25,000

 
$ 15,300 - 25,500

+
7.21.86. 1986.
Aquarell über Bleistift.
Oben mittig signiert und datiert "7.21.86". Auf festem Aquarellpapier. 22,8 x 30,5 cm (8,9 x 12 in), Blattgröße. [CH].

• Scullys intime Aquarelle entstehen als eigenständige Werkgruppe parallel zu seinen großformatigen Gemälden.
• Das Aquarell greift die kompositorische Idee der zusammengesetzten Streifen-Formationen in verschiedenen Längen und Breiten auf, die Scully auch in seinen Gemälden der 1980er Jahre verfolgt.
• Weitere Aquarelle aus den 1980er Jahren befinden sich u. a. in den Sammlungen der National Gallery of Art in Washington, D. C. und der Albertina in Wien
.

PROVENIENZ: Hirschl & Adler Modern, New York (auf der Rahmenrückpappe mit dem Galerieetikett).
Galerie Lelong, New York (auf der Rahmenrückpappe mit dem Galerieetikett).
Privatsammlung Süddeutschland (1996 vom Vorgenannten erworben).




 

Buyer's premium, taxation and resale right compensation for Sean Scully "7.21.86"
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.