474
Oskar Kokoschka
Blumenstillleben, 1969.
Watercolor
Estimate:
€ 25,000 - 35,000
$ 26,250 - 36,750
Blumenstillleben. 1969.
Watercolor.
Lower right signed and dated. On laid paper (watermark as artist's monogram). 57 x 39 cm (22.4 x 15.3 in), size of sheet. [CH].
• Kokoschka executed the lively, colorful watercolor on paper without a preliminary drawing.
• Both the artist's 's drawing and painting skills are particularly concentrated in his sought-after, naturalistic flower watercolors.
• The artist was particularly successful in the later years of his career: he participated in the Venice Biennale in 1948, in documenta I, II and III in 1955, 1959 and 1964, and was honored with a grand retrospective at the Tate Gallery in London in 1962 and the Belvedere in Vienna in 1971.
• The artist's drawings and watercolors are now in the world's most prestigious museums and collections, including the Metropolitan Museum, New York, the Tate Gallery and the Victoria & Albert Museum, London, the Centre Pompidou, Paris, and the Bayerische Staatsgemäldesammlungen, Munich.
PROVENANCE: Private collection Switzerland (obtained from the artist in 1970).
Called up: December 9, 2023 - ca. 19.11 h +/- 20 min.
Watercolor.
Lower right signed and dated. On laid paper (watermark as artist's monogram). 57 x 39 cm (22.4 x 15.3 in), size of sheet. [CH].
• Kokoschka executed the lively, colorful watercolor on paper without a preliminary drawing.
• Both the artist's 's drawing and painting skills are particularly concentrated in his sought-after, naturalistic flower watercolors.
• The artist was particularly successful in the later years of his career: he participated in the Venice Biennale in 1948, in documenta I, II and III in 1955, 1959 and 1964, and was honored with a grand retrospective at the Tate Gallery in London in 1962 and the Belvedere in Vienna in 1971.
• The artist's drawings and watercolors are now in the world's most prestigious museums and collections, including the Metropolitan Museum, New York, the Tate Gallery and the Victoria & Albert Museum, London, the Centre Pompidou, Paris, and the Bayerische Staatsgemäldesammlungen, Munich.
PROVENANCE: Private collection Switzerland (obtained from the artist in 1970).
Called up: December 9, 2023 - ca. 19.11 h +/- 20 min.
474
Oskar Kokoschka
Blumenstillleben, 1969.
Watercolor
Estimate:
€ 25,000 - 35,000
$ 26,250 - 36,750
Buyer's premium, taxation and resale right compensation for Oskar Kokoschka "Blumenstillleben"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) 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.
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.