Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 406


406
Katharina Grosse
Ohne Titel, 2020.
Acrylic and watercolor on sturdy paper
Estimate:
€ 25,000 - 35,000

 
$ 27,500 - 38,500

+
Ohne Titel. 2020.
Acrylic and watercolor on sturdy paper.
Signed and dated on the reverse. 120.5 x 89 cm (47.4 x 35 in).
[AR].

• Fluid color streams on paper: Katharina Grosse creates a chromatic world characterized by great sensuality.
- In the year the work was created, Art Compass ranked the Berlin-based artist among the top 100 most critical contemporary positions worldwide for the first time.
- Since 2017, she has been represented by the Gagosian Gallery in New York and is one of the most successful contemporary artists in the world
.

The work is registered in the Studio Katharina Grosse, Berlin, under the archive number “20. We are grateful for the kind support in cataloging this lot.

PROVENANCE: König Galerie, Berlin.
Private collection, Austria.

Called up: December 7, 2024 - ca. 18.06 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Katharina Grosse "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.