Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 138

 

138
Fritz Koenig
Kleine Säulenkaryatide II, 1965.
Bronze with gold-brown patina, partly polished
Estimate:
€ 14,000 - 18,000

 
$ 14,000 - 18,000

+
Kleine Säulenkaryatide II. 1965.
Bronze with gold-brown patina, partly polished.
Clarenbach 364. Upper margin with the monogram, base with the number. One of 5 copies. 51 x 15.2 x 15.9 cm (20 x 5.9 x 6.2 in).
[AM].
• This is Fritz Koenig's inimitably abstracted and reinterpreted version of the ancient carytid pillars .
• Model for the "Große Säulenkaryatide M“ (Clarenbach 365) from 1965/66, which towers in front of the German embassy in Madrid with a height of 3,2 m.
• For the first time offered on the international auction market (source: artprice.com)
.

We are grateful to Dr. Dietrich Clarenbach, Gauting, for his kind expert advice.

PROVENANCE: Private collection Southern Germany.

Called up: December 9, 2022 - ca. 14.20 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Fritz Koenig "Kleine Säulenkaryatide 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.