Sale: 591 / Day Sale, June 07. 2025 in Munich button next Lot 110


110
Rupprecht Geiger
OE 241/57, 1957.
Oil on canvas
Estimate:
€ 40,000 - 60,000

 
$ 45,200 - 67,800

+
OE 241/57. 1957.
Oil on canvas.
Signed, dated, titled, and inscribed with the dimensions on the reverse of the stretcher. 100 x 90 cm (39.3 x 35.4 in). [AW].

• An early painting with a powerful color modulation, inspiring viewers with its dynamic oscillation between different color values.
• Exhibited in the major Geiger retrospective at the Akademie der Künste in Berlin in 1985 and in the Geiger exhibition at the Haus der Kunst in Munich in 1988.
• On the international auction market for the first time.
• The paintings from the late 1950s and early 1960s are among the artist's most sought-after works on the international auction market (source: artprice.com)
.

PROVENANCE: Rupprecht Geiger Collection, Munich (until at least 1985).
Private collection South Germany.

EXHIBITION: Rupprecht Geiger, Retrospective, Akademie der Künste, Berlin, February 10–March 17, 1985; Wilhelm Hack Museum, Ludwigshafen am Rhein, April 14–June 2, 1975; Städtische Kunsthalle, Düsseldorf, June 21–July 21, 1985, cat. no. 62 Rhein, April 14–June 2, 1975; Städtische Kunsthalle, Düsseldorf, June 21–July 21, 1985, cat. no. 62 (illustrated in color on p. 62).
Rupprecht Geiger, Staatsgalerie Moderner Kunst im Haus der Kunst, Munich, March 30–May 8, 1988, cat. no. 48 (illustrated in color).

LITERATURE: Rupprecht-Geiger-Gesellschaft, Städtische Galerie im Lenbachhhaus, Munich (ed.), edited by Pia Dornacher and Julia Geiger, Rupprecht Geiger. Catalogue raisonné 1942-2002. Gemälde und Objkete, architekturbezogene Kunst, Munich 2003, no. 241 (illustrated in color on p. 85).

Called up: June 7, 2025 - ca. 14.13 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Rupprecht Geiger "OE 241/57"
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 7 % 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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