Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 113


113
Ernst Wilhelm Nay
Ohne Titel, 1954.
Gouache
Estimate:
€ 25,000 - 35,000

 
$ 26,250 - 36,750

+
Ohne Titel. 1954.
Gouache.
Claesges 54-008. Lower right signed and dated. On firm watercolor paper. 41.8 x 60.3 cm (16.4 x 23.7 in), the full sheet. [CH].

• One of the first works in which Nay found his legendary disk form, with which he began his important work phase of the "Disk Pictures" (1954-1962).
• Exceptional subtly modulated rhythm of graphic and geometric elements and disk shapes.
• Formerly part of the renowned Bernhard Sprengel Collection, Hanover.
• In 1955 and 1956, Nay exhibited his Disk Paintings at documenta I in Kassel and at the XXVIII. Biennale di Venezia
.

PROVENANCE: Bernhard Sprengel Collection (1899-1985), Hanover.
Galerie Heseler, Munich.
Private collection Baden-Württemberg.
Private collection Baden-Württemberg (acquired from the above in 2014, Ketterer Kunst, Munich, lot 802).

LITERATURE: Magdalene Claesges, Ernst Wilhelm Nay. Catalogue raisonné. Aquarelle - Gouachen - Zeichnungen, vol. 3: 1954-1968, Berlin 2018, p. 25, no. 54-008 (color illu.).
Hauswedell & Nolte, Hamburg, 283rd auction, June 9, 1990, lot 261 (fig., plate 21).
Ketterer Kunst, Munich, 420th auction, December 6, 2014, lot 802 (color illu.).

Called up: December 8, 2023 - ca. 13.17 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Ernst Wilhelm Nay "Ohne Titel"
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.