Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 193


193
Stephan Balkenhol
Frau, 2012.
Wooden relief, with colors
Post auction sale: € 22,500 / $ 23,625
+
Frau. 2012.
Wooden relief, with colors.
120 x 98 x 11.5 cm (47.2 x 38.5 x 4.5 in). [EH].

• Stephan Balkenhol is considered a protagonist in the revival of figurative sculpture in Germany.
• The human being, whom the artist depicted not as an individual, but as an anonymous, average and yet familiar-looking person, is at the center of his artistic work.
• The heaviness and solidity of the material makes for a contrast to the natural and casual presence of the depiction.
• In the exhibition "Zeitfenster. Stephan Balkenhol trifft Alte Meister" (Nov. 10, 2023-June 2, 2024) at the Museum Wiesbaden, the artist's works are juxtaposed with sculptures by Old Masters
.

Accompanied by a confirmation of authenticity issued by the artist (in copy).

PROVENANCE: Galerie Rüdiger Schöttle, Munich.
Private collection Southern Germany.





Buyer's premium, taxation and resale right compensation for Stephan Balkenhol "Frau"
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.