Lot 155 
Raumbeispiel
155
Emil Schumacher
El-Adem, 1962.
Oil on canvas
Estimate:
€ 25,000 - 35,000
$ 27,500 - 38,500
El-Adem. 1962.
Oil on canvas.
Lower right signed and dated. Inscribed "El Adem" upside-down on the reverse. 68 x 45.5 cm (26.7 x 17.9 in).
[AM].
• Remarkably strong work in his typical informal style.
• Schumacher conceived his one-of-a-kind pictorial language through layering and scratching of the material
• The year this work was made Schumacher traveled to Libya - the town of El-Adem was eponymous for this painting.
The painting is listed in the catalog of Dr. Ulrich Schumacher, Emil Schumacher Foundation, Hagen, with the inventory number 0/4.601. We are grateful to Mr Rouven Lotz, director of the Emil Schumacher Museum, Hagen, for his kind expert advice.
PROVENANCE: Galleria La Medusa, Rome.
Private collection North Rhine-Westphalia.
Called up: June 9, 2023 - ca. 14.13 h +/- 20 min.
Oil on canvas.
Lower right signed and dated. Inscribed "El Adem" upside-down on the reverse. 68 x 45.5 cm (26.7 x 17.9 in).
[AM].
• Remarkably strong work in his typical informal style.
• Schumacher conceived his one-of-a-kind pictorial language through layering and scratching of the material
• The year this work was made Schumacher traveled to Libya - the town of El-Adem was eponymous for this painting.
The painting is listed in the catalog of Dr. Ulrich Schumacher, Emil Schumacher Foundation, Hagen, with the inventory number 0/4.601. We are grateful to Mr Rouven Lotz, director of the Emil Schumacher Museum, Hagen, for his kind expert advice.
PROVENANCE: Galleria La Medusa, Rome.
Private collection North Rhine-Westphalia.
Called up: June 9, 2023 - ca. 14.13 h +/- 20 min.
155
Emil Schumacher
El-Adem, 1962.
Oil on canvas
Estimate:
€ 25,000 - 35,000
$ 27,500 - 38,500
Buyer's premium, taxation and resale right compensation for Emil Schumacher "El-Adem"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.