Sale: 539 / Modern Art Day Sale, June 10. 2023 in Munich Lot 403

 

403
Ella Bergmann-Michel
oB 170, 1924.
India ink and Pencil drawing with watercolors
Estimate:
€ 18,000 - 24,000

 
$ 19,800 - 26,400

+
oB 170. 1924.
India ink and Pencil drawing with watercolors.
Lower right signed, dated and titled. On fine glassine paper. 41.5 x 54.3 cm (16.3 x 21.3 x 21,3 in), size of sheet.
[AR].
• Ella Bergmann-Michel was a visionary artist in the field of photo collage.
• Her abstract paper works with a scientific touch were made as an artistic reaction to the technnological progress the world celebrated in those days.
• Her style was informed by Constructivism, Dadaism, Surrealism and Bauhaus.
• Well-known galleries like Hanna Bekker vom Rath or Eric Mouchet honored the artist in recent exhibitions to popularize her creation.
• Over the past years, her works have fetched top prices on the international auction market (source: artprice.com)
.

The work will be included into the forthcoming catalogue raisonneé compiled by Dr. Norbert Nobis, Hanover, in cooperation with Galerie Eric Mouchet, Paris. We are grateful for the kind support in cataloging this lot.

PROVENANCE: Private collection Baden-Württemberg (acquired from Robert Michel around 1980).
Private collection Hesse (acquired from the above).

EXHIBITION: Ella Bergmann-Michel. Black Light, Galerie Hanna Bekker vom Rath, Frankfurt am Main, September 9 - October 29, 2022.

Called up: June 10, 2023 - ca. 15.47 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Ella Bergmann-Michel "oB 170"
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.