198
Sean Scully
MUNA 11.8.02, 2002.
Watercolor
Estimate:
€ 25,000 - 35,000
$ 26,500 - 37,100
MUNA 11.8.02. 2002.
Watercolor.
Lower right signed and dated "11.8.02". Bottom center titled "MUNA". On firm wove paper. 38 x 50.6 cm (14.9 x 19.9 in), size of sheet. [CH].
• Scully does not focus on the effects of color contrasts, but on the depiction of light, brightness and darkness.
• The artist succeeds in capturing light itself with delicate color mists .
• Scully's intimate, translucent watercolors are created as an independent group of works on a par with his large-format paintings.
PROVENANCE: Private collection (acquired directly from the artist).
Private collection Belgium (acquired from the above).
"Watercolors are about the external absence of physicality. It's as close as a painter can get to pure light."
Sean Scully in an interview with Ned Rifkin, 1995, quoted from: Kelly Grovier, Kirsten Voigt (eds.), Inner. Gesammelte Schriften von Sean Scully, Berlin 2018, p. 52.
Called up: December 8, 2023 - ca. 15.10 h +/- 20 min.
Watercolor.
Lower right signed and dated "11.8.02". Bottom center titled "MUNA". On firm wove paper. 38 x 50.6 cm (14.9 x 19.9 in), size of sheet. [CH].
• Scully does not focus on the effects of color contrasts, but on the depiction of light, brightness and darkness.
• The artist succeeds in capturing light itself with delicate color mists .
• Scully's intimate, translucent watercolors are created as an independent group of works on a par with his large-format paintings.
PROVENANCE: Private collection (acquired directly from the artist).
Private collection Belgium (acquired from the above).
"Watercolors are about the external absence of physicality. It's as close as a painter can get to pure light."
Sean Scully in an interview with Ned Rifkin, 1995, quoted from: Kelly Grovier, Kirsten Voigt (eds.), Inner. Gesammelte Schriften von Sean Scully, Berlin 2018, p. 52.
Called up: December 8, 2023 - ca. 15.10 h +/- 20 min.
198
Sean Scully
MUNA 11.8.02, 2002.
Watercolor
Estimate:
€ 25,000 - 35,000
$ 26,500 - 37,100
Buyer's premium, taxation and resale right compensation for Sean Scully "MUNA 11.8.02"
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.