Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 212.70


212.70
Horst Antes
Figur, 1965.
Mixed media. Oil, gouache and pencil on canvas,...
Post auction sale: € 13,500 / $ 14,175
+
Figur. 1965.
Mixed media. Oil, gouache and pencil on canvas, laid on cardboard.
Titled, inscribed with the dimensions and dated on the reverse. The hand-written number below a gallery label. 33.6 x 22.9 cm (13.2 x 9 in).
[KT].

• Playful and varied technique and composition.
• With the invention of the "Kopffüßler" (Head Footer) in the early 1960s, Antes moved his art from abstraction to figuration.
• During these years, Antes also created entirely new pictorial elements that paved the way for his later work.
• In 1966, Horst Antes exhibited in the German pavilion at the XXX. Venice Biennale.
• Works from this year can be found in important museum collections like the Busch-Reisinger Museum of the Harvard Art Museum in Cambridge (Mass.), the Pinakothek der Moderne in Munich, the Sprengel Museum in Hanover and the Osthaus Museum in Hagen
.

PROVENANCE:
Galerie Stangl, Munich (with the label on the reverse).
Dr. Hanns Hülsberg, Hagen.
Private collection Hagen.
Private collection Rhineland.




212.70
Horst Antes
Figur, 1965.
Mixed media. Oil, gouache and pencil on canvas,...
Post auction sale: € 13,500 / $ 14,175
+


Buyer's premium, taxation and resale right compensation for Horst Antes "Figur"
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.