Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 142


142
Günther Förg
Ohne Titel, 2003.
Acrylic on canvas
Estimate:
€ 80,000 - 120,000

 
$ 85,600 - 128,400

+
Ohne Titel. 2003.
Acrylic on canvas.
Signed and dated in upper right. 140 x 160 cm (55.1 x 62.9 in).

• Streaks, layers and transparent passages make the canvas vibrate.
• A minimalist style with maximum radiance.
• In 2018, Förg was honored with a retrospective at the Stedelijk Museum, Amsterdam, as well as at the Dallas Museum of Art, in 2023 at the Long Museum, Shanghai, and in 2024 at the Centro de Arte Contemporáneo, Málaga.
• Works by the artist are at renowned museums around the world, among them the Hamburger Bahnhof, Berlin, the Museo Nacional Centro de Arte Reina Sofía, Madrid, the Tate Modern, London, and the Museum of Modern Art, New York
.

The work is registered in the archive of the Estate Günther Förg under the number WVF 03.B.0243.

PROVENANCE: Estate Günther Förg, Switzerland.
Private collection Germany.

"If you have to spend a long time thinking when painting, things become difficult. Sometimes I paint a picture and have a problem with it. Then you take a step back, look at it and take the blue paint. I don't think about whether I have to paint blue. Instead, I instinctively reach for the blue tube. And that is the quality."
Günther Förg, 1997

Called up: June 7, 2024 - ca. 14.27 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Günther Förg "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.