Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 403


403
Julian Opie
Taxi Driver. 1, 2015.
Mixed media. Vinyl on stretcher
Estimate:
€ 40,000 - 60,000

 
$ 44,000 - 66,000

+
Taxi Driver. 1. 2015.
Mixed media. Vinyl on stretcher.
Signed on the folded canvas. 225 x 117 cm (88.5 x 46 in). [AW].

• Large-format work in Opie's unmistakable casual, graphic style.
• Julian Opie gained international attention through his participation in documenta 8 in Kassel as early as 1987.
• Opie is represented by the Lisson Gallery, London/New York, and the Opera Gallery, London, among others.
• Opie's works can be found in the collections of the Museum of Modern Art, New York, the Victoria and Albert Museum, London, and the Stedelijk Museum, Amsterdam, among others
.

PROVENANCE: Galerie Bob van Orsouw, Zurich (with the label on the stretcher).
Private collection, Southern Germany (acquired from the above).

Julian Opie

Called up: December 7, 2024 - ca. 18.02 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Julian Opie "Taxi Driver. 1"
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.