Details
MARKUS OEHLEN (B. 1956)
Untitled
signed and dated 'M Oehlen 78/88' (lower right)
spray paint, enamel, gouache and ballpoint on plastic foil and tracing paper on printed base
83.5 x 117cm.
Executed in 1978-1988
Provenance
Galerie Gisela Capitain, Cologne.
Private Collection, Switzerland (acquired from the above in 1988).
Acquired from the above by the late owner.
Special notice
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
If a lot is marked ‘!’, it will have a special VAT status (special margin scheme) and will be subject to higher rates as follows: A ‘!’ lot is imported from outside the EU. VAT will be charged at 21% on the buyer’s premium and invoiced inclusively. A consolidated import VAT rate of 10.2% will also be charged and calculated on the hammer price. For each lot the total buyer’s premium plus applicable VAT which will be payable in addition to the hammer price is calculated as 41.66 % of the hammer price up to a value of € 700,000. For a lot which sells above € 700,000 the calculation is as follows: 41.66 % of the hammer price up to a value of €700,000, plus 34.40% of the hammer price between €700,001 to €4,000,000, plus 27.75% of any amount in excess of €4,000,001
Please note this lot is the property of a consumer. See H1 of the Conditions of Sale.
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