Lot 209
Frame image
209
David Salle
Spill, 2002.
Oil and acrylic on canvas
Estimate:
€ 30,000 - 40,000
$ 32,100 - 42,800
Spill. 2002.
Oil and acrylic on canvas.
Signed, dated, twice titled and inscribed on the reverse. 198.8 x 213.6 cm (78.2 x 84 in). [AW].
• The contrasting colors and motifs make for an exciting and mysterious large-scale work.
• A synthesis of two-dimensional pop art, surrealism, contemporary computer aesthetics and old-masterly perfection gives Salle's work a unique character.
• The artist studied at the California Institute of Arts under John Baldessari.
• David Salle has had solo exhibitions at, among others, the Stedelijk Museum, Amsterdam, the Whitney Museum of American Art, New York, the Guggenheim Museum, Bilbao, and the Museum of Contemporary Art, Los Angeles.
PROVENANCE: Waddington Custot Galleries, London.
Private collection (acquired from the above).
Olbricht Collection, Essen/Berlin (acquired from the above).
EXHIBITION: David Salle, Waddington Galleries, London, September to October 2003, cat. no. 2 (illu.).
Called up: June 7, 2024 - ca. 15.58 h +/- 20 min.
Oil and acrylic on canvas.
Signed, dated, twice titled and inscribed on the reverse. 198.8 x 213.6 cm (78.2 x 84 in). [AW].
• The contrasting colors and motifs make for an exciting and mysterious large-scale work.
• A synthesis of two-dimensional pop art, surrealism, contemporary computer aesthetics and old-masterly perfection gives Salle's work a unique character.
• The artist studied at the California Institute of Arts under John Baldessari.
• David Salle has had solo exhibitions at, among others, the Stedelijk Museum, Amsterdam, the Whitney Museum of American Art, New York, the Guggenheim Museum, Bilbao, and the Museum of Contemporary Art, Los Angeles.
PROVENANCE: Waddington Custot Galleries, London.
Private collection (acquired from the above).
Olbricht Collection, Essen/Berlin (acquired from the above).
EXHIBITION: David Salle, Waddington Galleries, London, September to October 2003, cat. no. 2 (illu.).
Called up: June 7, 2024 - ca. 15.58 h +/- 20 min.
209
David Salle
Spill, 2002.
Oil and acrylic on canvas
Estimate:
€ 30,000 - 40,000
$ 32,100 - 42,800
Buyer's premium, taxation and resale right compensation for David Salle "Spill"
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.