Sale: 601 / Day Sale, Dec. 06. 2025 in Munich button next Lot 296


296
Adrian Ghenie
Ohne Titel, Um 2003/04.
Acrylic on firm paper
Estimate:
€ 25,000 - 35,000

 
$ 29,000 - 40,600

+
Adrian Ghenie
1977

Ohne Titel. Um 2003/04.
Acrylic on firm paper.
Signed in the lower left. Image: 96.5 x 66.3 cm (37.9 x 26.1 in). Sheet: 99 x 69 cm (38,9 x 27,1 in).
[AR].

• High-contrast, early work by the internationally acclaimed artist.
• With the tower-like construction that stands out against the gray, he subtly evokes associations with historical narratives and myths.
Adrian Ghenie is represented by renowned galleries such as Galerie Thaddaeus Ropac and Pace Gallery.
• Most recently, the Albertina in Vienna presented a comprehensive solo exhibition of the artist's work (“Schattenbilder”, October 2024 to March 2025).
• Offered on the international auction market for the first time (source: artprice.com)
.

PROVENANCE: Private collection, Austria.

Called up: December 6, 2025 - ca. 17.21 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Adrian Ghenie "Ohne Titel"
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 7 % 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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