Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 180


180
Sigmar Polke
Clean car - good mood, 2002.
Silkscreen in colors onfaux snakeskin, on stret...
Post auction sale: € 12,000 / $ 12,600
+
Clean car - good mood. 2002.
Silkscreen in colors onfaux snakeskin, on stretcher.
Bottom margin signed, dated and inscribed "T.P". Trial proof with motif variation aside from the edition. 90 x 120 cm (35.4 x 47.2 in). [JS].

• Large-format serigraph on canvas with characteristic Polke humor.
• Unique character: trial proof with motif variation aside from the edition.
• "Clean car -good mood"- humorous artistic play with German philistinism.
• Alongside Gerhard Richter and Blinky Palermo, Polke has been one of the most important German artists since the 1960s
.

PROVENANCE: Galerie Leu, Munich (label and stamp on the reverse).
Private collection Southern Germany (acquired from the above).




180
Sigmar Polke
Clean car - good mood, 2002.
Silkscreen in colors onfaux snakeskin, on stret...
Post auction sale: € 12,000 / $ 12,600
+


Buyer's premium, taxation and resale right compensation for Sigmar Polke "Clean car - good mood"
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.