Lot 221
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Raumbeispiel
221
Robert Longo
Study for Black Swan, 2005.
Charcoal- and India ink drawing
Post auction sale: € 20,000 / $ 21,000
Study for Black Swan. 2005.
Charcoal- and India ink drawing.
Lower right signed and dated as well as inscribed and numbered "#2217". Lower left titled. On glassine. 11.8 x 40.9 cm (4.6 x 16.1 in). Sheet: 38,5 x 60,7 cm (15,1 x 23,8 in).
[AW].
• Robert Longo's photorealistic charcoal drawings show both the horror and beauty of nature.
• Through the expressive contrast between light and dark, observers immediately immerse themselves in the depiction.
• Longo is represented by international galleries such as Thaddeus Ropac and Capitain Petzel.
• Works by the artist can be found in renowned public collections like the Centre Pompidou, Paris, the Stedelijk Museum, Amsterdam, the Tate Gallery, London, the Guggenheim Museum, New York, and the Staatliche Graphische Sammlung, Munich.
PROVENANCE: Metro Pictures, New York (gallery label on the reverse).
Private collection USA (acquired from the above).
Private collection North Rhine-Westphalia (acquired from the above).
Charcoal- and India ink drawing.
Lower right signed and dated as well as inscribed and numbered "#2217". Lower left titled. On glassine. 11.8 x 40.9 cm (4.6 x 16.1 in). Sheet: 38,5 x 60,7 cm (15,1 x 23,8 in).
[AW].
• Robert Longo's photorealistic charcoal drawings show both the horror and beauty of nature.
• Through the expressive contrast between light and dark, observers immediately immerse themselves in the depiction.
• Longo is represented by international galleries such as Thaddeus Ropac and Capitain Petzel.
• Works by the artist can be found in renowned public collections like the Centre Pompidou, Paris, the Stedelijk Museum, Amsterdam, the Tate Gallery, London, the Guggenheim Museum, New York, and the Staatliche Graphische Sammlung, Munich.
PROVENANCE: Metro Pictures, New York (gallery label on the reverse).
Private collection USA (acquired from the above).
Private collection North Rhine-Westphalia (acquired from the above).
221
Robert Longo
Study for Black Swan, 2005.
Charcoal- and India ink drawing
Post auction sale: € 20,000 / $ 21,000
Buyer's premium, taxation and resale right compensation for Robert Longo "Study for Black Swan"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.
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.
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 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.
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.