Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 164

 

164
A. R. Penck (d.i. Ralf Winkler)
Pentagon, Ca. 1981/1985.
Oil on canvas
Estimate:
€ 30,000 - 40,000

 
$ 30,000 - 40,000

+
Pentagon. Ca. 1981/1985.
Oil on canvas.
Signed in lower right. 80 x 100 cm (31.4 x 39.3 in).

• Both logic and taxonomy in A. R. Penck's sign language are one-of-a-kind in German post-war art.
• In 1984 A. R. Penck showed his works at the German pavilion at the Venice Biennial.
• Works by A. R. Penck are part of the collectionsof the Museum of Modern Art, New York, the Saint Louis Art Museum, the National Museum of Modern and Contemporary Art, Korea, and the Van Abbemuseum, Eindhoven
.

PROVENANCE: Private collection Southern Germany.

Called up: December 9, 2022 - ca. 14.55 h +/- 20 min.

The partly alienated stick figures are Penck's trademark and call strong reminiscence of figures found in prehistoric cave painting. The present work, scattered with enigmatic pictograms in striking colors, also has such an effect. The pictograms belong to a cipher language that the artist began to develop in 1960 while he still lived in the former GDR. This is Penck’s approach compile a catalog of signs that allows him to represented the current world in an abbreviated and concise manner. The artist remais disclosed about the decoding, the formal language must be deciphered by the viewers themselves. [EH]



 

Buyer's premium, taxation and resale right compensation for A. R. Penck (d.i. Ralf Winkler) "Pentagon"
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.