Lot 210
Frame image
Raumbeispiel
210
Gerhard Richter
11 Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4), 1996.
Oil on canvas, firmly laid on a backing
Estimate:
€ 40,000 - 60,000
$ 42,000 - 63,000
11 Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4). 1996.
Oil on canvas, firmly laid on a backing.
Signed and dated on the backing in lower left. Lower right monogrammed. Inscribed "7" on the reverse. 28.7 x 17 cm (11.2 x 6.6 in). Backing: 42 x 29,7 cm (16,5 x 11,6 in).
[AW].
• Fragment of the destroyed painting "Abstraktes Bild" from 1994.
• Things are destroyed to make room for new creation.
• Richter's legendary squeegee technique leads to impressive depictions of the obscure.
• Gerhard Richter has been one of the most world's best-paid contemporary artists for many years.
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.).
"I don't have a specific image in mind, I want to end up with an image that I hadn't planned at all. So, this method of working with arbitrariness, chance, inspiration and destruction allows a certain type of picture to emerge, but never a predetermined one. The respective picture should develop from a painterly or visual logic, emerge as if inevitably."
Gerhard Richter in a conversation with Interview 1990, 1990
Called up: December 8, 2023 - ca. 15.26 h +/- 20 min.
Oil on canvas, firmly laid on a backing.
Signed and dated on the backing in lower left. Lower right monogrammed. Inscribed "7" on the reverse. 28.7 x 17 cm (11.2 x 6.6 in). Backing: 42 x 29,7 cm (16,5 x 11,6 in).
[AW].
• Fragment of the destroyed painting "Abstraktes Bild" from 1994.
• Things are destroyed to make room for new creation.
• Richter's legendary squeegee technique leads to impressive depictions of the obscure.
• Gerhard Richter has been one of the most world's best-paid contemporary artists for many years.
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.).
"I don't have a specific image in mind, I want to end up with an image that I hadn't planned at all. So, this method of working with arbitrariness, chance, inspiration and destruction allows a certain type of picture to emerge, but never a predetermined one. The respective picture should develop from a painterly or visual logic, emerge as if inevitably."
Gerhard Richter in a conversation with Interview 1990, 1990
Called up: December 8, 2023 - ca. 15.26 h +/- 20 min.
210
Gerhard Richter
11 Nov. 1996 (Teil des verworfenen Abstrakten Bildes 802-4), 1996.
Oil on canvas, firmly laid on a backing
Estimate:
€ 40,000 - 60,000
$ 42,000 - 63,000
Buyer's premium, taxation and resale right compensation for Gerhard Richter "11 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.