Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 180

 

180
Stephan Balkenhol
Frau mit Mann unter Bank, 1997.
Wooden sculpture. Wawa wood, partly in colors, ...
Estimate:
€ 20,000 - 30,000

 
$ 21,400 - 32,100

+
Frau mit Mann unter Bank. 1997.
Wooden sculpture. Wawa wood, partly in colors, loosely placed on the base.
96 x 70 x 49 cm (37.7 x 27.5 x 19.2 in). Base: 96 x 70 x 49 cm (37,7 x 27,5 x 19,2 in).
[KT].

• Characteristic haptics: grooves, fissures, splinters and cracks hint at the sculptural working process.
• Stephan Balkenhol's wooden works have an incomparable recognition value.
• Balkenhol is the leading spirit behind the revival of figurative sculpture in the early 1980s.
• Balkenhol's unmistakable works are at, among others, the Kunsthalle Hamburg, the Museum Ludwig, Cologne, and the Kunstmuseum Basel
.

PROVENANCE: Private collection Northern Germany.

"I believe [..] that basically every depiction of a human figure is of an existentialist nature simply because it raises the question as to who I am, what I am doing here on earth, how I see, think and feel."
Stephan Balkenhol in a talk with Heinz-Norbert Jocks, Kunstforum, Band 144, 1999, Gespräche mit Künstlern, p. 272.

Called up: June 7, 2024 - ca. 15.19 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Stephan Balkenhol "Frau mit Mann unter Bank"
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.