Sale: 530 / Evening Sale / The Hermann Gerlinger Collection, June 10. 2022 in Munich Lot 50

 

50
Georg Baselitz
Waldweg, 1974.
Oil on canvas
Estimate:
€ 700,000 - 900,000

 
$ 812,000 - 1,044,000

+
Waldweg. 1974.
Oil on canvas.
Lower right signed and dated. 190 x 97 cm (74.8 x 38.1 in).


In the picture "Der Wald auf dem Kopf" (Forest Upside-Down ) from 1969, today at Museum Ludwig in Cologne, Baselitz rotated the image by 180 degrees for the very first time.
• Works like "Waldweg“ (1974) from the series of the "Fingermalerei" (Finger Painting) are extremely rare and realize top prices on the international auction market.
• Georg Baselitz donated six pictures from the late 1960s to the Metropolitan Museum of Art, New York. In 2021 they were part of the exhibition "Georg Baselitz. Pivotal Turn".
• Currently (October 2021 - March 2022), the Centre Pompidou in Paris honors Georg Baselitz with a comprehensive retrospective show.
• A personal gift from Baselitz to his artist friend A. R. Penck
.

PROVENANCE: A.R. Penck (as present from the artist.
Galerie Onnach, Berlin.
First Bank, Minneapolis.
Jan Eric Löwenadler, New York/ Stockholm.
Private collection Hamburg.
Galerie Ropac, Salzburg.
Private collection Northern Germany.

EXHIBITION: Georg Baselitz: Paintings Bilder 1962-1988, Runkel-Hue-Williams, Ltd./ Grob Gallery, London, September 19 - November 2. 1990, pp. 36/ 37 (color illu.) and p. 70 (black-and-white illu.).
Andere Ansichten, Galerie Terminus, Munich, January- February 2005.
Georg Baselitz, Vonderbank Artgalleries, Berlin, March 17 - April 26, 2006, p. 10 (with illu.)
Georg Baselitz. Arbeiten aus europäischen Sammlungen, Galerie Michael Werner, Cologne, November 9 - January 11, 2020, cat. no. 38 (with illu.)
Georg Baselitz. I Was Born into a Destroyed Order, Michael Werner Gallery, London, September 11 - December 5, 2020, cat. no. 23, pp. 48/ 49 (with illu.).

LITERATURE: Christie' s, London, October 24, 1996, lot 119.
Sotheby' s, New York, November 14, 2012, lot 334.


"The hierarchy that places heaven at the top and earth at the bottom is just a convention anyway. We've gotten used to them, but we don't have to believe in them. The only thing that interests me is the question of how I can continue to paint pictures."

Georg Baselitz

Called up: June 10, 2022 - ca. 18.38 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Georg Baselitz "Waldweg"
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.