Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 202

 

202
Karel Appel
Figure, 1991.
Oil on canvas
Estimate:
€ 20,000 - 30,000

 
$ 21,200 - 31,800

+
Figure. 1991.
Oil on canvas.
Lower right signed. Inscribed "X91_041" on the reverse. 81 x 65 cm (31.8 x 25.5 in).

• Karel Appel is one of the most important contemporary artists in the Netherlands.
• Particularly expressive gestural-figurative painting.
• Karel Appel emphasizes the motif in the richly structured surface.
• Paintings by Karel Appel can be found at, among others, the Moderna Museet, Stockholm, the Museum of Modern Art, New York, and the Los Angeles County Museum of Art
.

The work is registered at the Karel Appel Foundation, Amsterdam, under the number KA.1991.27.

PROVENANCE: Private collection Southern Germany (in 1991 acquired from Waddington Galleries, London).

EXHIBITION: FIAC 1991, Waddington Galleries, London (label on the reverse).

".. I have broken through, through the wall of Abstract, Surrealism etc. my work contains [..] everything You mustn't be pigeon-holed [..]. Your friend Karel."
Karel Appel in a letter to Corneille, quoted from: ex. cat. CoBrA. The color of freedom, Stedelijk Museum Schiedam 2003, p. 42.

Called up: December 8, 2023 - ca. 15.16 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Karel Appel "Figure"
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.