407
Katharina Grosse
Ohne Titel, 2021.
Acrylic on canvas
Estimate:
€ 70,000 - 90,000
$ 76,300 - 98,100
Ohne Titel. 2021.
Acrylic on canvas.
Signed and dated on the reverse of the canvas, as well as inscribed with the dimensions and the work number “2021/1063”. 160 x 114 cm (62.9 x 44.8 in).
[AR].
• Striking interplay between monochrome and colored surfaces.
• With her innovative technique, Katharina Grosse changed the face of painting and repeatedly pushed its boundaries.
• “Studio Painting” from one of the most successful recent work groups.
• This year, the Kunstmuseum Bonn dedicated a comprehensive retrospective to this central group of works (“Katharina Grosse. Studio Paintings 1988–2023”).
The work is registered at Studio Katharina Grosse, Berlin, under archive number “2021/1063”. We are grateful for the kind support in cataloging this lot.
PROVENANCE: König Galerie, Seoul.
Private collection, London.
Called up: December 7, 2024 - ca. 18.07 h +/- 20 min.
Acrylic on canvas.
Signed and dated on the reverse of the canvas, as well as inscribed with the dimensions and the work number “2021/1063”. 160 x 114 cm (62.9 x 44.8 in).
[AR].
• Striking interplay between monochrome and colored surfaces.
• With her innovative technique, Katharina Grosse changed the face of painting and repeatedly pushed its boundaries.
• “Studio Painting” from one of the most successful recent work groups.
• This year, the Kunstmuseum Bonn dedicated a comprehensive retrospective to this central group of works (“Katharina Grosse. Studio Paintings 1988–2023”).
The work is registered at Studio Katharina Grosse, Berlin, under archive number “2021/1063”. We are grateful for the kind support in cataloging this lot.
PROVENANCE: König Galerie, Seoul.
Private collection, London.
Called up: December 7, 2024 - ca. 18.07 h +/- 20 min.
407
Katharina Grosse
Ohne Titel, 2021.
Acrylic on canvas
Estimate:
€ 70,000 - 90,000
$ 76,300 - 98,100
Buyer's premium, taxation and resale right compensation for Katharina Grosse "Ohne Titel"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) 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.