Sale: 547 / Modern Art Day Sale, Dec. 09. 2023 in Munich Lot 480

 

480
Max Ernst
Réveille du jour (L'eclipse), 1962.
Mixed media. Oil and gouache on paper
Estimate:
€ 40,000 - 60,000

 
$ 42,000 - 63,000

+
Réveille du jour (L'eclipse). 1962.
Mixed media. Oil and gouache on paper.
Signed in upper right. On paper, laid on fiberboard. 21 x 16.5 cm (8.2 x 6.4 in), the full sheet.

• Impressive testimony to Ernst's continued enthusiasm for technical experimentation.
• The transition from night to day is the time of dreams.
• Max Ernst creates a magical and unreal aura with his refined technique.
• Paintings by the artist are in numerous important international museums like the Museum of Modern Art, New York, the Center Pompidou, Paris, and the Tate Collection, London
.

PROVENANCE: Galerie Lucie Weill, Paris.
Timothy Baum, New York.
Private collection Europa.
Private collection Northern Germany.
Private collection Switzerland (acquired from the above).

EXHIBITION: Two Surrealist Wise Men as Seen at Christmastime. Max Ernst and Joan Miró, prints and drawings, Dec. 1968, Kovler Gallery, Chicago, no. 9.

LITERATURE: Werner Spiess/Sigrid and Günter Metken, Max Ernst Œuvre Catalog: Werke 1954-1963, Houston/Cologne 1998, no. 3617, p. 295 (fig.).

Sotheby's Parke Bernet, New York, October 23, 1974, lot 165.
Christie's East, New York, May 11, 1989, lot 172.

Called up: December 9, 2023 - ca. 19.19 h +/- 20 min.

The search and development of new techniques is inherent in Max Ernst's oeuvre. He used over-painting, collage, frottage, grattage. In this sense, the Décalcomanie technique also helped him to alienate the mundane and to stage the inexplicable in a vexing manner. The dark brushstrokes roll off against a light background. Max Ernst imagines the atmosphere of the beginning of a day when the curtain of night is lifted. It is the time of dreams and expression of the subconscious. [EH]



 

Buyer's premium, taxation and resale right compensation for Max Ernst "Réveille du jour (L'eclipse)"
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.