Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 325


325
Heinz Mack
Dynamische Struktur Schwarz-Weiß, 1962.
Synthetic resin and Oil on coarse cotton cloth
Estimate:
€ 80,000 - 120,000

 
$ 88,000 - 132,000

+
Dynamische Struktur Schwarz-Weiß. 1962.
Synthetic resin and Oil on coarse cotton cloth.
Signed, dated and with a direction arrow on the reverse of the canvas. Titled on the stretcher. 90 x 100 cm (35.4 x 39.3 in).
In the original frame. [KT].

• From the significant group of the “Dynamic Structures” – The reduction to a pure monochrome with maximum motion and dynamics.
• Vibration as an expression of continuous motion is a distinguishing feature of works from the heyday of ZERO.
• In 1958, Mack participated in Documenta II, and together with Piene and Uecker in Documenta III in 1964.
• Mack's works are in the most important international collections, including the Guggenheim Museum in New York, the Tate Gallery in London, and the Pinakothek der Moderne in Munich
.

Accompanied by a certificate of authenticity issued by the Heinz Mack Studio, Mönchengladbach, dated October 2024. The work will be included into the catalogue raisonné “ZERO-Malerei von Heinz Mack” under the number 1962/44.

PROVENANCE: Private collection, Southern Germany (gifted from the artist, and family-owned since).

"Lines, surfaces and space are to merge seamlessly, mutually 'canceling' each other out in the dialectical sense that our language allows. If this integration remains visible, the image will vibrate so that our eyes find the calm of restlessness."
(Quoted from: Ute Mack, Heinz Mack. Druckgraphik und Multiples, Stuttgart 1990, p. 10).

Called up: December 7, 2024 - ca. 16.18 h +/- 20 min.




325
Heinz Mack
Dynamische Struktur Schwarz-Weiß, 1962.
Synthetic resin and Oil on coarse cotton cloth
Estimate:
€ 80,000 - 120,000

 
$ 88,000 - 132,000

+


Buyer's premium, taxation and resale right compensation for Heinz Mack "Dynamische Struktur Schwarz-Weiß"
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.