Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 346

 

346
Andreas Gursky
Gardasee, Panorama, 1986/1993.
Color photograph, in the artist's original fr
Post auction sale: € 60,000 / $ 66,000
+
Gardasee, Panorama. 1986/93.
Color photograph, in the artist's original frame.
From an edition of 5 copies. 85 x 155 cm (33.4 x 61 in).
Not unframed for cataloging. [KA].

• From an edition of only five copies.
• Few photographers capture the rich details this world offers quite like Andreas Gursky.
• Gursky is one of the world's most successful contemporary photographers and the most famous representative of the Düsseldorf School of photography.
• Works by the artist can be found in renowned collections worldwide, including the Guggenheim Museum, New York, the Tate Modern, London, the Hamburger Bahnhof, Berlin, the Fotomuseum Winterthur, Zurich and the Metropolitan Museum of Art, New York
.

PROVENANCE: Achenbach Art Consulting, Düsseldorf.
Private collection, North Rhine-Westphalia (since 1994, acquired from the above).

LITERATURE: Marie Luise Syring (ed.), Andreas Gursky. Fotografien 1984 bis heute, Munich 1998, no. 76 (illustrated, different copy).

"My images are about the way we travel through space [..]. The universe is huge and we are so limited in our perception."

Andreas Gursky, 2018, in an interview with Liz Jobey, Financial Times, FT Magazine, Photography 2018.




346
Andreas Gursky
Gardasee, Panorama, 1986/1993.
Color photograph, in the artist's original fr
Post auction sale: € 60,000 / $ 66,000
+

 

Buyer's premium, taxation and resale right compensation for Andreas Gursky "Gardasee, Panorama"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.

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.

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.