Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 212.18

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212.18
Giovanni Castell
Blaue Lilien, 2007.
Chromogenic print, plexiglass (diasec)
Post auction sale: € 2,700 / $ 2,835
+
Blaue Lilien. 2007.
Chromogenic print, plexiglass (diasec).
Signed on the reverse. From an edition of 7 copies and 2 Artist Proofs. 130 x 173 cm (51.1 x 68.1 in).
[AR].

• From the "Nights" series, created between 2002-2010.
• Against the darkness of the night, the brightly lit flowers and plants become the protagonists of the unreal scenery.
• Since the turn of the millennium, the artist's works have been regularly shown in group and solo exhibitions at museums and galleries
.

The work is mentioned on the artist's website: ww.giovannicastell.de/nights.html.

PROVENANCE: Galerie Nikolaus Ruzicska, Salzburg (with the label on the reverse)
Private collection Southern Germany.




212.18
Giovanni Castell
Blaue Lilien, 2007.
Chromogenic print, plexiglass (diasec)
Post auction sale: € 2,700 / $ 2,835
+


Buyer's premium, taxation and resale right compensation for Giovanni Castell "Blaue Lilien"
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.