Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 127

 

127
Stephan Balkenhol
Löwenmann, 2018.
Bronze, in colors
Estimate:
€ 20,000 - 30,000

 
$ 20,000 - 30,000

+
Löwenmann. 2018.
Bronze, in colors.
Signed, dated and inscribed "E.A.“ on the stand. Artist proof aside from an edition of 30. With plinth: 32.4 x 39 x 39 cm (12.7 x 15.3 x 15.3 in).
[AM].
• Half man, half animal: This is one of Stephan Balkenhol's famous hybrid creatures.
• Resting in itself, yet with a stirking presence.
• Balkenhol's unmistakable works are in possession of, among others, the Kunsthalle Hamburg, the Museum Ludwig, Cologne, and the Kunstmuseum Basel
.

Called up: December 9, 2022 - ca. 14.06 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Stephan Balkenhol "Löwenmann"
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.