Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 301

 

301
Gerhard Altenbourg
Um die Nacht, 1952.
Mixed media. India ink, watercolor and oil pain...
Estimate:
€ 30,000 - 40,000

 
$ 32,700 - 43,600

+
Um die Nacht. 1952.
Mixed media. India ink, watercolor and oil paint pen.
Signed, dated and titled lower right. On thin cardboard. 63.5 x 89.5 cm (25 x 35.2 in), the full sheet. [EH].

• This is the first time that this work is offered on the international auction market.
• Imaginative, poetic work displaying incredible attention to detail and technical virtuosity.
• Altenbourg took part in documenta II in 1959.
• Altenbourg's works are part of the collection of the Museum of Modern Art in New York, among others
.

PROVENANCE: Private collection, Hesse (Galerie Springer, 1966).

EXHIBITION: Gerhard Altenbourg. Touring exhibition, including stops at Haus am Waldsee, Berlin, September 20–November 2, 1969; Kunsthalle Baden-Baden, November–December 1969; Galerie Brusberg, Hannover, March 8 - April 12, 1970; Kunsthalle Düsseldorf, July 7 - August 9, 1970; Kunstverein Hamburg, May 30 - June 28, 1970.
15 artisti tedeschi - 15 deutsche Künstler. La situazione dell'uomo nel tempo presente. XXVII. Biennale Nazionale dell'Arte, Palazzo della Permanente, Milan, Dec. 1971 - Jan. 1972; Kunstverein Darmstadt, Feb./March 1972.

LITERATURE: Annegret Janda, Gerhard Altenbourg. Monographie undWerkverzeichnis, vol. 1: 1937-1958, Cologne 2004, cat. rais. no. 52/16.
Dieter Brusberg (ed.), Gerhard Altenbourg. Werk-Verzeichnis 1947-1969, with the assistance of Annegret Janda, Hannover 1969, cat. rais. no. 52/16 (illustrated).

Called up: December 7, 2024 - ca. 15.46 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Gerhard Altenbourg "Um die Nacht"
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.