Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 167


167
Raymond Hains
SAFFA, 1970.
Wood, painted, sand paper
Estimate:
€ 20,000 - 30,000

 
$ 21,200 - 31,800

+
SAFFA. 1970.
Wood, painted, sand paper.
Signed, dated and titled on the reverse. 99 x 42 x 13.5 cm (38.9 x 16.5 x 5.3 in).
[AR].

• Early work from the famous matches series of the pioneer of 20th century art.
• Together with artists such as Arman, Yves Klein and Jean Tinguely, he signed the first manifesto of Nouveau Réalisme in 1960.
• He participated in documenta in Kassel in 1968 and 1997, and was posthumously represented in the main exhibition of the Venice Biennale in 2017.
• Other works from this group are in international collections like the Museum of Modern Art, New York; the Musée d'Art Moderne et d'Art Contemporain, Nice; the Museu Coleção Berardo, Lisbon; and the Museum Ludwig, Cologne
.

PROVENANCE: Galerie Lara Vincy, Paris (with the label on the reverse).
Corporate Collection Ahlers AG, Herford (acquired from the above in 2011).

EXHIBITION: François Dufrêne, Raymond Hains. Une amitié entre l'art et les mots. Freundschaft zwischen Kunst und Wort, Passage de Retz, Paris, December 5, 2011 - January 15, 2012 (not in the catalog).

Called up: December 8, 2023 - ca. 14.29 h +/- 20 min.

"SAFFA" is an early example of Hains' iconic series of oversized matchbooks, which he began in the mid-1960s, revisiting it in the early 2000s. The title is the acronym of an Italian tobacco company. Made by a carpenter according to his instructions, Hains' matchbooks challenge the notion of authorship. Playing with the idea of the readymade, the works move between humor and seriousness, aesthetic pretension and thingness




Buyer's premium, taxation and resale right compensation for Raymond Hains "SAFFA"
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.