Lot 158
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158
Fritz Koenig
Kleine vergitterte Figur III, 1981.
Iron, mounted
Estimate:
€ 20,000 - 30,000
$ 21,000 - 31,500
Kleine vergitterte Figur III. 1981.
Iron, mounted.
Clarenbach 770. One of 2 copies. 41 x 49 x 14.5 cm (16.1 x 19.2 x 5.7 in). [JS].
• One of only two copies.
• Part of a Southern German private collection since it was created.
• In 1970, Koenig designed the bronze "The Sphere", which was placed between the two towers of the World Trade Center in New York, Today its damaged form is a world-famous memorial to the September 11 attacks.
• In 2018, the Uffizi dedicated a fascinating retrospective to Koenig in several halls and the Boboli Gardens: a "presentation of superlatives" (Tagesspiegel).
• Bronzes by the artist can be found in numerous important collections, among others, the Museum of Modern Art, New York, the Guggenheim Collection, Venice, and the Pinakothek der Moderne, Munich.
PROVENANCE: Private collection Southern Germany (acquired directly from the artist).
Called up: December 8, 2023 - ca. 14.17 h +/- 20 min.
Iron, mounted.
Clarenbach 770. One of 2 copies. 41 x 49 x 14.5 cm (16.1 x 19.2 x 5.7 in). [JS].
• One of only two copies.
• Part of a Southern German private collection since it was created.
• In 1970, Koenig designed the bronze "The Sphere", which was placed between the two towers of the World Trade Center in New York, Today its damaged form is a world-famous memorial to the September 11 attacks.
• In 2018, the Uffizi dedicated a fascinating retrospective to Koenig in several halls and the Boboli Gardens: a "presentation of superlatives" (Tagesspiegel).
• Bronzes by the artist can be found in numerous important collections, among others, the Museum of Modern Art, New York, the Guggenheim Collection, Venice, and the Pinakothek der Moderne, Munich.
PROVENANCE: Private collection Southern Germany (acquired directly from the artist).
Called up: December 8, 2023 - ca. 14.17 h +/- 20 min.
158
Fritz Koenig
Kleine vergitterte Figur III, 1981.
Iron, mounted
Estimate:
€ 20,000 - 30,000
$ 21,000 - 31,500
Buyer's premium, taxation and resale right compensation for Fritz Koenig "Kleine vergitterte Figur III"
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.
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.