Sale: 545 / Evening Sale, Dec. 08. 2023 in Munich Lot 26

 

26
Andy Warhol
Joseph Beuys, 1982.
Acrylic with silkscreen and diamond dust on canvas
Estimate:
€ 250,000 - 350,000

 
$ 265,000 - 371,000

+
Joseph Beuys. 1982.
Acrylic with silkscreen and diamond dust on canvas.
Signed and dated on the reverse. 50.5 x 40.5 cm (19.8 x 15.9 in).

• Warhol shot the Polaroid the work is based on at his legendary Factory.
• On the occassion of his exhibition at the Guggenheim Museum, Beuys was in New York and visited the Factory.
• Unique objects with diamond dust are extremely rare.
• Process of creation: clear traces of the green on the canvas; while the silkscreen's red, in return, is emphasized by the diamond dust.
• Consistent provenance
.

Accompanied by a confirmation of authenticity issued by Vincent Fremont, Vice-President of Andy Warrhol Enterprises / Andy Warhol Studio New York, dated May 13, 1983.

PROVENANCE: Galerie Silvia Menzel, Berlin 1983
Private collection Cologne.

EXHIBITION: Andy Warhol. Bilder, Zeichnungen, Plakate, Galerie Silvia Menzel, Berlin, March 15 - April 14, 1983.

Called up: December 8, 2023 - ca. 17.50 h +/- 20 min.

Silvia Menzel opened her gallery on Leibnitzstrasse in Berlin in 1982. Over the many years of her collecting activities, she had become acquainted with many artists and even was friends with some of them. Her first exhibition featured works by Joseph Beuys, Fetting and Andy Warhol. In addition to early drawings from 1954 to 1958, Andy Warhol also made some smaller pictures available to her. (In Berlin bin ich ein Aussenseiter. Marius Babias talks with Silvia Menzel and Michael Geisler, in: Kunstforum international, vol. 95, 1988, pp. 320ff.) The present picture, which was acquired from the gallery in 1983, is a typical work by the great pop artist. In his depiction of Joseph Beuys he captured the important German conceptual artist with his essential identifying feature: the hat. His photo shows the myth of Beuys par excellence; it has become an icon in itself. The template is a Polaroid, the creation of which the Berlin collector Dr. Erich Marx describes as follows: "While we set up the Beuys exhibition at the Guggenheim Museum in late October 1979, Joseph Beuys, Andy Warhol and I met before the opening of another Beuys exhibition at Galerie Feldmann. Warhol and I watched Beuys making a self-portrait by painting over a photo canvas with a thin asphalt substance. While Beuys was working, I talked to Andy about a portrait of Beuys. Andy Warhol invited us to the Factory the next day. The photos were also shot that day, .." (Heiner Bastian, Beuys Rauschenberg Twombly Warhol. Marx Collection, Munich 1982 p. 136). [EH]



 

Buyer's premium, taxation and resale right compensation for Andy Warhol "Joseph Beuys"
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.