Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 188

 

188
Christo
Etching Maquette for Wrapped Venus, Project for Villa Borghese, Rome, 1974.
Collage. White prismacolor pen, pencil, transpa...
Post auction sale: € 25,000 / $ 23,500
+
Etching Maquette for Wrapped Venus, Project for Villa Borghese, Rome. 1974.
Collage. White prismacolor pen, pencil, transparent tape over etching.
Cf. Schellmann/Benecke 74-75. Signed and titled. Copy from before the edition. On Twinrocker wove paper (with watermark). 61 x 45.6 cm (24 x 17.9 in). Sheet: 71,5 x 56 cm (28,1 x 22 in).
Printed by Landfall Press, Chicago. [AR].
• In 1963, the artist wrapped the sculpture in the garden of Villa Borghese in Rome without an official permit.
• Ever since Christo and Jeanne-Claude worked on the concept of the "Wrapped Monuments“, however, many projects failed for lacking permits.
• With both small and big projects, Christo and Jeanne Claude expanded the concept of art and created arresting works with a lasting impression
.

Accompanied by a certificate (in copy) issued by Jack Lemon, Landfall Press Book, Santa Fe.

We are grateful to Mr Matthias Koddenberg, Estate of Christo and Jeanne-Claude, New York, for his kind support in cataloging this lot. The work is registered in the archive.

PROVENANCE: Collection of Jack Lemon/Landfall Press Book, Santa Fe (since 1974, acquired directly from the artist).
Private collection Northern Germany.

"Every interpretation of our works is justified, but the reason for their existence solely lies in the desire to create something beautiful. Jeanne-Claude always said that 'we only make works full of beauty and joy‘.“
Christo, 2013, quoted from: Jörg Schellmann, Christo and Jeanne Claude. Prints and Objects, Ostfildern 2013.




188
Christo
Etching Maquette for Wrapped Venus, Project for Villa Borghese, Rome, 1974.
Collage. White prismacolor pen, pencil, transpa...
Post auction sale: € 25,000 / $ 23,500
+

 

Buyer's premium, taxation and resale right compensation for Christo "Etching Maquette for Wrapped Venus, Project for Villa Borghese, Rome"
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.