114
Emil Schumacher
Blauer Akzent, 1956.
Oil on beige-brown cardboard
Estimate:
€ 40,000 - 60,000
$ 42,000 - 63,000
Blauer Akzent. 1956.
Oil on beige-brown cardboard.
Lower right signed and dated. 86 x 62 cm (33.8 x 24.4 in).
[AR].
• Early work from the sought-after 1950s.
• Deliberate irritation of the black lines through color and scracthes, typical of the time.
• From 1950 onwards, the artist abandoned the object as a motif and color became the actual pictorial element.
• Other works from this creative period can be found in important museum collections like the Metropolitan Museum of Art in New York and the Hamburger Kunsthalle.
The work is listed in the archive of the Emil Schumacher Foundation, Hagen, compiled by Dr. Ulrich Schumacher, with the inventory number "0/226". We are grateful to Mr. Rouven Lotz, Director of the Emil Schumacher Museum, Hagen, for the kind support provided.
PROVENANCE: Private collection Hagen.
Private collection Southern Germany.
EXHIBITION: Struktur - Cimiotti und Zeitgenossen, Galerie Maulberger, München, July 19 - August 17, 2013, cat. no. 27 (here "Ohne Titel", color illu. p. 31).
Called up: December 8, 2023 - ca. 13.18 h +/- 20 min.
Oil on beige-brown cardboard.
Lower right signed and dated. 86 x 62 cm (33.8 x 24.4 in).
[AR].
• Early work from the sought-after 1950s.
• Deliberate irritation of the black lines through color and scracthes, typical of the time.
• From 1950 onwards, the artist abandoned the object as a motif and color became the actual pictorial element.
• Other works from this creative period can be found in important museum collections like the Metropolitan Museum of Art in New York and the Hamburger Kunsthalle.
The work is listed in the archive of the Emil Schumacher Foundation, Hagen, compiled by Dr. Ulrich Schumacher, with the inventory number "0/226". We are grateful to Mr. Rouven Lotz, Director of the Emil Schumacher Museum, Hagen, for the kind support provided.
PROVENANCE: Private collection Hagen.
Private collection Southern Germany.
EXHIBITION: Struktur - Cimiotti und Zeitgenossen, Galerie Maulberger, München, July 19 - August 17, 2013, cat. no. 27 (here "Ohne Titel", color illu. p. 31).
Called up: December 8, 2023 - ca. 13.18 h +/- 20 min.
114
Emil Schumacher
Blauer Akzent, 1956.
Oil on beige-brown cardboard
Estimate:
€ 40,000 - 60,000
$ 42,000 - 63,000
Buyer's premium, taxation and resale right compensation for Emil Schumacher "Blauer Akzent"
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.