Sale: 533 / Modern Art Day Sale and Gerlinger Collection, Dec. 10. 2022 in Munich Lot 471

 

471
Pablo Picasso
Picasso, 156 neue Graphiken, 1973.
Photo-lithograph with a genuine drawing
Post auction sale: € 9,000 / $ 8,460
+
Picasso, 156 neue Graphiken. 1973.
Photo-lithograph with a genuine drawing.
Czwiklitzer 450. Signed, dated and incribed with the personal dedication "pour mon ami Straboni". From an edition of 4100 copies. On wove paper. 70.9 x 46.2 cm (27.9 x 18.1 in).
Poster for the exhibition "Picasso, 156 gravures recentes" at Galerie Louise Leiris, Paris, January 24 - February 24, 1973. Printed by Mourlot, Paris. [AR].
• Made on occasion of the last exhibition in the artist's lifetime.
• With a drawing and a dedication for his friend Straboni.
• Pablo Picasso was highly productive up until the end of his life, to which the exhibition's title "156 new prints" testifies
.

PROVENANCE: Private collection Hesse.




471
Pablo Picasso
Picasso, 156 neue Graphiken, 1973.
Photo-lithograph with a genuine drawing
Post auction sale: € 9,000 / $ 8,460
+

 

Buyer's premium, taxation and resale right compensation for Pablo Picasso "Picasso, 156 neue Graphiken"
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.