TERMS OF AUCTION
Extract from the Rules of Procedure, as of April 2022
The auctions are conducted in accordance with the Rules of Procedure of the Widder Auctions of Kunsthandel Widder GmbH. The exact wording of these rules is available at the auction house and can be downloaded from www.widderauktionen.com.
Estimated prices, starting price, minimum sale price, limit, hammer price
In object descriptions, an upper and lower estimated price is stated in euros. The highest bid is expected within this range. The starting price is also stated online. As a rule, the starting price is the lower estimated price, but it
can be set higher or lower. The auctioneer increases the price by steps of approx. 10%, although it is possible to deviate from this. The highest bid wins, provided that the minimum selling price has been reached. If the seller decides not to sell the object below a fixed price, this is called the minimum sale price or limit. If this is not reached, the sale is considered conditional. Highest bidders are obliged to pay the purchase price within 7 days after invoicing.
Purchase price
The purchase price consists of the highest bid plus the buyer's premium, sales tax and, if applicable, the fee of artists resale rights. The buyer's premium amounts to 28% in case of differential taxation. The sales tax is included in the differential taxation.
In the case of normal taxation (marked ° ), a premium of 24% is added to the highest bid. For paintings, watercolors, drawings and sculptures, the statutory sales tax of 13% is added to the sum of the highest bid and the buyer's premium, for all other objects 20%.
Resale Right
Items marked * are subject to the resale right. This will be charged in the form of a surcharge on the highest bid. It only applies to highest bids over € 2,499.99 and is staggered: for the first € 50,000 4% will be charged. Thereafter, for each additional €150,000, 3% and 1% respectively, and for €500,000 and above, 0.25%. The maximum resale right charge is 12,500 €.
Authenticity guarantee
The auction house vouches for the authenticity of the object to the buyer within two years and guarantees that the object is indeed by the named artist.
Catalog information and description
Details of technique, signature, material, condition, provenance, etc. are provided by experts of the auction house. However, no guarantee is given for the correctness of this information.
The descriptions of the objects mean: first and last name of the artist with life data: an authentic work of the artist. "Signed" or "monogrammed": a clearly attributable work by the artist. "Attributed": a probably, but not necessarily authentic, work by the artist. "Circle": a work created within the artist's sphere of influence. "Inscribed": a probably authentic work, but not signed by the artist's hand. "Workshop": a work created in the artist's immediate environment. "School": a work created in temporal and stylistic proximity to the artist. "Succession": a stylistically related work created in the artist's succession.
Purchase orders
Interested parties may submit purchase orders in writing and online or bid by telephone. A completed and signed bid form must be received in a timely manner prior to the auction. The auction house will bid for written bids up to the stated highest bid.
Telephone Bids
Interested parties have the possibility to bid by telephone. The auction house will make every effort to reach the telephone number provided. If no telephone connection can be established, the auction house can bid for the interested parties up to the lower estimated price of the object. In this case, the auction house is not obliged to execute the bid.
Online Bidding, Live Bidding
Bidders can place pre-bids and bid live on www.widderauktionen.com as well as on external auction platforms.
Insurance
Objects of art are insured against loss and damage until the end of the collection period, up to the amount of the highest bid. Thereafter, the art object is insured only up to a maximum of 6 months after invoicing, if there is no delay in payment.
Place of jurisdiction, choice of law
Place of jurisdiction and place of performance for all legal relationships is 1010 Vienna. Austrian substantive law shall apply.
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LOT 226:
EGON FERDINAND GRABNER* (Graz 1913 - 1980 Vienna)
more...
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Sold for: €2,000
Start price:
€
2,000
Estimated price :
€2,000 - €3,000
Buyer's Premium: 24%
More details
VAT: 20%
On the full lot's price and commission
Users from foreign countries may be exempted from tax payments, according to the relevant tax regulations
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EGON FERDINAND GRABNER*
(Graz 1913 - 1980 Vienna)
Vorstadt, 1968
oil/plate, 64 x 76.5 cm
signed Grabner
verso titled Vorstadt, dated 1968
provenance: private collection Vienna
ESTIMATE °€ 2.000 - 3.000
STARTING PRICE °€ 2.000
Egon Ferdinand Grabner was an Austrian painter and draftsman. He worked from 1936 - 1939 as a freelance artist, from 1938 he lived mainly in Trieste. From 1940 to 1945 he was as a painter war correspondent (portfolio of etchings of the Russian campaign). After the war until 1956 he taught at the state art school in Tehran, receiving commissions from Shah Mohammad Reza Pahlavi. Afterwards he worked as a freelance artist until his death in Vienna. His numerous solo and collective exhibitions at the Secession, Galerie Würthle, Galerie am Salzgries, Galerie Eiserne Schmiede and other galleries in Graz, Linz and Trieste. Public commissions from the municipality of Vienna for the decoration of schools, official buildings and hospitals; mosaic in the Schüttaustraße. He also received large private commissions (Kreditschutzverband, Rohner Gehrig Vienna, in Switzerland and for oil paintings of the construction sites of the Westautobahn, ARGE Autobahnbau). 1961 Prize of the Vienna Art Fund and title of "Professor". 1978 artist pension of the Ministry of Education and the Arts. Works in the following collections, among others: Ministry of Education and the Arts, Central Savings Bank of the Municipality of Vienna, DDSG, VOEST, Schoeller Bleckmann, IBM.
PLEASE NOTE:
The purchase price consists of the highest bid plus the buyer's premium, sales tax and, if applicable, the fee of artists resale rights. In the case of normal taxation (marked °), a premium of 24% is added to the highest bid. The mandatory sales tax of 13%, for photographys 20%, is added to the sum of the highest bid and the buyer's premium. The buyer's premium amounts to 28% in case of differential taxation. The sales tax is included in the differential taxation.
