250
Jeppe Hein
Mirror Balloons III, 2015.
Mixed media. Fiber-reinforced plastic, chrome p...
Estimate:
€ 30,000 - 40,000
$ 33,900 - 45,200
Mirror Balloons III. 2015.
Mixed media. Fiber-reinforced plastic, chrome paint, magnet and tape (cardinal red, light blue and olive green).
Unique object. Dimensions without the tape, each ca. 40 x 26 x 26 cm (15.7 x 10.2 x 10.2 in).
[AR].
• Master of illusion and deception: With his often humorous works, Jeppe Hein moves between minimalist sculpture and conceptual art.
• His installation “All Your Wishes,” comprising a total of 70 of his colorful balloons, opened at LaGuardia Airport in New York City in 2020.
• The artist's works can be found in international museum collections such as the Centre Pompidou in Paris, the Museum of Contemporary Art in Los Angeles, and the Lenbachhaus in Munich.
We are grateful to the Jeppe Hein Studio, Berlin, for the kind support.
PROVENANCE: König Galerie, Berlin.
Private collection, Austria.
Called up: June 7, 2025 - ca. 17.20 h +/- 20 min.
Mixed media. Fiber-reinforced plastic, chrome paint, magnet and tape (cardinal red, light blue and olive green).
Unique object. Dimensions without the tape, each ca. 40 x 26 x 26 cm (15.7 x 10.2 x 10.2 in).
[AR].
• Master of illusion and deception: With his often humorous works, Jeppe Hein moves between minimalist sculpture and conceptual art.
• His installation “All Your Wishes,” comprising a total of 70 of his colorful balloons, opened at LaGuardia Airport in New York City in 2020.
• The artist's works can be found in international museum collections such as the Centre Pompidou in Paris, the Museum of Contemporary Art in Los Angeles, and the Lenbachhaus in Munich.
We are grateful to the Jeppe Hein Studio, Berlin, for the kind support.
PROVENANCE: König Galerie, Berlin.
Private collection, Austria.
Called up: June 7, 2025 - ca. 17.20 h +/- 20 min.
250
Jeppe Hein
Mirror Balloons III, 2015.
Mixed media. Fiber-reinforced plastic, chrome p...
Estimate:
€ 30,000 - 40,000
$ 33,900 - 45,200
Buyer's premium, taxation and resale right compensation for Jeppe Hein "Mirror Balloons III"
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.
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.
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