Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 118


118
Bernard Buffet
Vanité, 1953.
Oil on canvas
Estimate:
€ 30,000 - 40,000

 
$ 32,100 - 42,800

+
Vanité. 1953.
Oil on canvas.
Signed and dated in upper left. Inscribed “J 16” on the reverse of the canvas. 49.8 x 64.8 cm (19.6 x 25.5 in). [AW].

• Buffet was the star of the French art scene in the 1950s and has a reputation as "painter of existentialism".
• His unmistakable realistic style is based on Rembrandt, Géricault, Courbet and van Gogh.
• Death, hunger and disgust are the basic themes of his gloomy still lifes.
• His works are in renowned international collections like the Kunstmuseum Basel, Tate Gallery, London, the Musée Nacional d'Art Moderne, Paris, and the Museum of Modern Art, New York
.

PROVENANCE: Galerie Drouant-David, Paris.
Olbricht Collection, Essen/Berlin (acquired from the above in 2007).

EXHIBITION: Go for it! Olbricht Collection (a sequel), Weserburg, Museum für moderne Kunst, Berlin, May 10, 2008 - November 1, 2009.
Lebenslust & Totentanz. Olbricht Collection, Kunsthalle Krems, July 18 - November 7, 2010.

LITERATURE: Fonds du Dotation Bernard Buffet, Bernard Buffet. Catalogue raisonné de l'Œuvre peint. 1941-1953, vol. I, Paris 2019, p. 360 (illu.).
- -
Christie's, New York, auction 1901, November 7, 2007, lot 437.

Called up: June 7, 2024 - ca. 13.55 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Bernard Buffet "Vanité"
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.