205
Gerhard Richter
15. Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4), 1996.
Oil on canvas, firmly laid on a backing cardboard
Estimate:
€ 60,000 - 80,000
$ 63,000 - 84,000
15. Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4). 1996.
Oil on canvas, firmly laid on a backing cardboard.
Signed and dated in lower left of backing. Lower right monogrammed. Inscribed "8" on the reverse. 23.4 x 24 cm (9.2 x 9.4 in). Backing cardboard: 42 x 29,6 cm (16,5 x 11,6 in).
[AW].
• Fragment of the destroyed painting "Abstraktes Bild" from 1994.
• Richter places the emphasis of his works on the process of creation rather than the result.
• By cutting it up, each piece becomes a new work of his so-called planned spontaneity.
• In 2020, Richter declared his artistic oeuvre complete.
PROVENANCE: Private collection Northern Germany.
LITERATURE: Cf. online catalogue raisonné, no. 802-4.
Hans-Ulrich Obrist (ed.), Gerhard Richter. 100 Bilder, Ostfildern-Ruit 1996, no p. (color illu.).
"Accepting that I can't plan anything. Every consideration I make about the construction of a picture is wrong, and if the execution succeeds, it is only because I partially destroy it or because it works anyway [..]. The only consolation is that I can say to myself that I made the pictures anyway, even if they do what they want, against my will, but still somehow come into being [..]."
Gerhard Richter, quoted from: Armin Zweite, Sehen, Reflektieren, Erscheinen. Anmerkungen zum Werk von Gerhard Richter, in: Kunstsammlung Nordrhein-Westfalen (ed.), Gerhard Richter, Düsseldorf 2005, p. 83.
Called up: December 8, 2023 - ca. 15.20 h +/- 20 min.
Oil on canvas, firmly laid on a backing cardboard.
Signed and dated in lower left of backing. Lower right monogrammed. Inscribed "8" on the reverse. 23.4 x 24 cm (9.2 x 9.4 in). Backing cardboard: 42 x 29,6 cm (16,5 x 11,6 in).
[AW].
• Fragment of the destroyed painting "Abstraktes Bild" from 1994.
• Richter places the emphasis of his works on the process of creation rather than the result.
• By cutting it up, each piece becomes a new work of his so-called planned spontaneity.
• In 2020, Richter declared his artistic oeuvre complete.
PROVENANCE: Private collection Northern Germany.
LITERATURE: Cf. online catalogue raisonné, no. 802-4.
Hans-Ulrich Obrist (ed.), Gerhard Richter. 100 Bilder, Ostfildern-Ruit 1996, no p. (color illu.).
"Accepting that I can't plan anything. Every consideration I make about the construction of a picture is wrong, and if the execution succeeds, it is only because I partially destroy it or because it works anyway [..]. The only consolation is that I can say to myself that I made the pictures anyway, even if they do what they want, against my will, but still somehow come into being [..]."
Gerhard Richter, quoted from: Armin Zweite, Sehen, Reflektieren, Erscheinen. Anmerkungen zum Werk von Gerhard Richter, in: Kunstsammlung Nordrhein-Westfalen (ed.), Gerhard Richter, Düsseldorf 2005, p. 83.
Called up: December 8, 2023 - ca. 15.20 h +/- 20 min.
205
Gerhard Richter
15. Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4), 1996.
Oil on canvas, firmly laid on a backing cardboard
Estimate:
€ 60,000 - 80,000
$ 63,000 - 84,000
Buyer's premium, taxation and resale right compensation for Gerhard Richter "15. Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4)"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) 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.