Lot 179
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Raumbeispiel
179
Sean Scully
06.16.96, 1996.
Watercolor over pencil
Estimate:
€ 14,000 - 18,000
$ 14,700 - 18,900
06.16.96. 1996.
Watercolor over pencil.
Bottom center signed and dated. On firm watercolor paper. 36.1 x 32 cm (14.2 x 12.5 in), size of sheet. [CH].
• Scully's expressive watercolors make up an independent group of works on a par with his large-format paintings.
• Scully translates his so-called "inset" paintings - works with smaller painted canvases inserted into the canvas - into the watercolor technique.
• In 1996, the year the present work was made, the Neue Pinakothek in Munich, the Museum Folkwang in Essen and the Galerie Nationale du Jeu de Paume in Paris, among others, showed comprehensive exhibitions of the artist's works on paper.
• Watercolors from the 1990s can be found in, among others, the collections of the Museum of Modern Art in New York, the National Gallery of Art in Washington, D.C., the Los Angeles County Museum of Art and the Philadelphia Museum of Art.
PROVENANCE: Private collection Southern Germany (obtained directly from the artist).
Called up: December 8, 2023 - ca. 14.45 h +/- 20 min.
Watercolor over pencil.
Bottom center signed and dated. On firm watercolor paper. 36.1 x 32 cm (14.2 x 12.5 in), size of sheet. [CH].
• Scully's expressive watercolors make up an independent group of works on a par with his large-format paintings.
• Scully translates his so-called "inset" paintings - works with smaller painted canvases inserted into the canvas - into the watercolor technique.
• In 1996, the year the present work was made, the Neue Pinakothek in Munich, the Museum Folkwang in Essen and the Galerie Nationale du Jeu de Paume in Paris, among others, showed comprehensive exhibitions of the artist's works on paper.
• Watercolors from the 1990s can be found in, among others, the collections of the Museum of Modern Art in New York, the National Gallery of Art in Washington, D.C., the Los Angeles County Museum of Art and the Philadelphia Museum of Art.
PROVENANCE: Private collection Southern Germany (obtained directly from the artist).
Called up: December 8, 2023 - ca. 14.45 h +/- 20 min.
179
Sean Scully
06.16.96, 1996.
Watercolor over pencil
Estimate:
€ 14,000 - 18,000
$ 14,700 - 18,900
Buyer's premium, taxation and resale right compensation for Sean Scully "06.16.96"
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.