Lot 104 
Raumbeispiel
104
Nicholas Krushenick
Abstraction, 1971.
Acrylic on canvas
Estimate:
€ 35,000 - 45,000
$ 40,600 - 52,200
Nicholas Krushenick
1929 - 1999
Abstraction. 1971.
Acrylic on canvas.
Signed and dated "Dec 1971" on the reverse. 162.5 x 132 cm (63.9 x 51.9 in). [AW].
• Black outlines, bright acrylic colors, and geometric shapes characterize Nicholas Krushenick's “Pop Abstractions.”
• He is considered an influential pioneer of Pop Art in the 1960s.
• His works are in renowned museums, including the Stedelijk Museum in Amsterdam, the Whitney Museum of American Art, the Metropolitan Museum of Art, and the Museum of Modern Art in New York.
PROVENANCE: Private collection (since 1982).
LITERATURE: Sotheby's, New York, November 9, 1982, lot 214.
Bernard Kerber, Bestände Onnasch, Bremen 1992, p. 143.
Called up: December 6, 2025 - ca. 13.05 h +/- 20 min.
1929 - 1999
Abstraction. 1971.
Acrylic on canvas.
Signed and dated "Dec 1971" on the reverse. 162.5 x 132 cm (63.9 x 51.9 in). [AW].
• Black outlines, bright acrylic colors, and geometric shapes characterize Nicholas Krushenick's “Pop Abstractions.”
• He is considered an influential pioneer of Pop Art in the 1960s.
• His works are in renowned museums, including the Stedelijk Museum in Amsterdam, the Whitney Museum of American Art, the Metropolitan Museum of Art, and the Museum of Modern Art in New York.
PROVENANCE: Private collection (since 1982).
LITERATURE: Sotheby's, New York, November 9, 1982, lot 214.
Bernard Kerber, Bestände Onnasch, Bremen 1992, p. 143.
Called up: December 6, 2025 - ca. 13.05 h +/- 20 min.
104
Nicholas Krushenick
Abstraction, 1971.
Acrylic on canvas
Estimate:
€ 35,000 - 45,000
$ 40,600 - 52,200
Buyer's premium, taxation and resale right compensation for Nicholas Krushenick "Abstraction"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.
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 7 % is levied to the sum of hammer price and premium.
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.
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 7 % is levied to the sum of hammer price and premium.
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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