Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 128

 

128
Alexander Calder
Sweet peas, 1975.
Gouache and India ink
Estimate:
€ 40,000 - 60,000

 
$ 42,000 - 63,000

+
Sweet peas. 1975.
Gouache and India ink.
Lower right signed and dated. With the inscriptions "Sweet Peas" and "14 6 81" on the reverse. On Canson wove paper (with the blindstamp). 110 x 74.5 cm (43.3 x 29.3 in), size of sheet. [EH].

• Alexander Calder is one of the most important sculptors of the 20th century.
• In the gouache, he transfers the movement in space into line and surface on paper.
• His work is very diverse: in 1975 he also designed the first BMW Art Car.
• Alexander Calder was a participant in documenta 1 in 1955, as well as in the two subsequent documenta exhibitions in 1959 and 1964
.

PROVENANCE: Galerie Maeght, Zürich (with the label on the reverse).
Private collection Basel.
Private collection Baden-Württemberg.

Called up: December 8, 2023 - ca. 13.37 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Alexander Calder "Sweet peas"
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.