Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 118

 

118
Bernard Buffet
Interieur, 1956.
Oil on canvas
Estimate:
€ 40,000 - 60,000

 
$ 42,000 - 63,000

+
Interieur. 1956.
Oil on canvas.
Lower right signed and dated. Inscribed "R14" on teh reverse, presumably by a hand other than that of the artist. 130 x 97 cm (51.1 x 38.1 in). [EH].

• Prime example of an interior from Bernard Buffet's early work.
• In 1955, the magazine "Connaissance des Arts" named Bernard Buffet, only 27 years old, the greatest French painter of the younger generation.
• His paintings vividly convey the world of thought of the Parisian existentialists.
• The Musée Bernard Buffet opened in Shizouoka, Japan, in 1973.
• Works by Bernard Buffet are at, among others, the Sammlung Im Obersteg at the Kunstmuseum Basel, the Musée National d'Art Moderne, Paris, and the Tate Gallery in London
.

The work will be included into the forthcoming volume II of the catalogue raisonné of Bernard Buffet's paintings.

PROVENANCE: Private collection Northern Germany.

Called up: December 8, 2023 - ca. 13.24 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Bernard Buffet "Interieur"
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.