Sale: 601 / Day Sale, Dec. 06. 2025 in Munich button next Lot 327

 

327
Cindy Sherman
Untitled #238, 1987/1990.
Color photograph.C-print, mounted on cardboard
Estimate:
€ 50,000 - 70,000

 
$ 58,000 - 81,200

+
Cindy Sherman
1954

Untitled #238. 1987/1990.
Color photograph.C-print, mounted on cardboard.
Signed, dated and numbered on the reverse. From an edition of 6 copies. 226 x 150 cm (88.9 x 59 in), the full sheet. [AW].

• Through alienation and decontextualization, Cindy Sherman's compositions question ideals and identities shaped by media and society.
• Sherman reveals the ugly aspects of today's society in a complex and grotesque manner.
• Formerly part of the renowned Lambert Art Collection, Avignon.
• Another copy from this edition is in the Museum of Modern Art, New York.
• Over the last ten years alone, the Museum of Modern Art and the Whitney Museum of Art in New York, the Fondation Louis Vuitton in Paris, the National Portrait Gallery in London, and the National Museum of Modern Art in Kyoto, among others, have shown large-scale solo exhibitions of the artist's work
.

PROVENANCE: Metro Pictures, New York (with the gallery label on the reverse of the frame).
Lambert Art Collection, Avignon (acquired from the above in 1996).
Private collection, North Rhine-Westphalia (acquired from the above in 2015).

LITERATURE: Rosalind Krauss, Cindy Sherman: 1975-1993, New York 1993 (with color illu. on p. 150, different copy).
Lena Essling (ed.), Cindy Sherman. Untitled horrors, Ostfildern 2013 (with color illu. on p. 130, different copy).
Christie's, London, A Visual Odyssey - Selections from LAC (Lambert Art Collection) staged by Jacques Grange, October 14, 2015, lot 75 (with illu. on p. 58).

Called up: December 6, 2025 - ca. 18.02 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Cindy Sherman "Untitled #238"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 1,000,000 €: herefrom 34 % premium.
The share of the hammer price exceeding 1,000,000 € is subject to a premium of 29 % and is added to the premium of the share of the hammer price up to 1,000,000 €.
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 1,000,000 €: herefrom 29 % premium.
The share of the hammer price exceeding 1,000,000 € is subject to a premium of 23% and is added to the premium of the share of the hammer price up to 1,000,000 €.
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.

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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