Lot 162
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Raumbeispiel
162
David Hockney
Peter, Powis Terrace, Sept. 1967, 1967.
Black Ink drawing on paper
Estimate:
€ 20,000 - 30,000
$ 22,600 - 33,900
Peter, Powis Terrace, Sept. 1967. 1967.
Black Ink drawing on paper.
Monogrammed, dated “Sept. 1967,” titled and inscribed “Powis Terr.” in the lower right. 31.6 x 50.6 cm (12.4 x 19.9 in), size of sheet.
[AR].
• An intimate portrait in Hockney's typical minimalist style that is reduced to the lines
• The model is Peter Schlesinger, the artist's partner at the time.
• David Hockney is one of the co-founders of British Pop Art.
• His works are in important collections of contemporary art, such as the Tate Gallery, London, the J. Paul Getty Museum, Los Angeles, and the Centre Pompidou, Paris.
PROVENANCE: Private collection, South Germany.
LITERATURE: Christie's, London, Contemporary Art, October 18, 1990, lot 380 (illustrated).
Called up: June 7, 2025 - ca. 15.22 h +/- 20 min.
Black Ink drawing on paper.
Monogrammed, dated “Sept. 1967,” titled and inscribed “Powis Terr.” in the lower right. 31.6 x 50.6 cm (12.4 x 19.9 in), size of sheet.
[AR].
• An intimate portrait in Hockney's typical minimalist style that is reduced to the lines
• The model is Peter Schlesinger, the artist's partner at the time.
• David Hockney is one of the co-founders of British Pop Art.
• His works are in important collections of contemporary art, such as the Tate Gallery, London, the J. Paul Getty Museum, Los Angeles, and the Centre Pompidou, Paris.
PROVENANCE: Private collection, South Germany.
LITERATURE: Christie's, London, Contemporary Art, October 18, 1990, lot 380 (illustrated).
Called up: June 7, 2025 - ca. 15.22 h +/- 20 min.
162
David Hockney
Peter, Powis Terrace, Sept. 1967, 1967.
Black Ink drawing on paper
Estimate:
€ 20,000 - 30,000
$ 22,600 - 33,900
Buyer's premium, taxation and resale right compensation for David Hockney "Peter, Powis Terrace, Sept. 1967"
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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