Sale: 591 / Day Sale, June 07. 2025 in Munich button next Lot 184


184
Pablo Picasso
Chouette (Wood-Owl), 1969.
Ceramics.White shards, colored engobe painting,...
Estimate:
€ 14,000 - 18,000

 
$ 15,820 - 20,340

+
Chouette (Wood-Owl). 1969.
Ceramics.White shards, colored engobe painting, with scratch decoration and partially brushed glaze.
In the base with engraved numbering and the inscriptions “Edition Picasso” and “Madoura” as well as with the embossed stamps “Madoura Plein Feu” and “Edition Picasso". From an edition of 250 copies. 28.5 x 22 cm (11.2 x 8.6 in). [EH].

• Picasso had an injured little owl, which inspired many of his works, as a pet.
• Picasso combined functionality and art in his ceramic works.
• Pablo Picasso is considered one of the most important artists of the 20th century, not least because of his multifaceted oeuvre.
• In terms of their scope, variety, and expressiveness, his ceramic works represent a significant part of his oeuvre
.

Called up: June 7, 2025 - ca. 15.52 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Pablo Picasso "Chouette (Wood-Owl)"
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.

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.


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