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Sale: 457 / Modern Art II, Dec. 07. 2017 in Munich Lot 45

Lot description
Badende. 1919.
Gouache over pencil.
Lower right signed and dated. Lower left barely legibly inscribed. On wove paper. 56.3 x 38.5 cm (22.1 x 15.1 in) . the full sheet.
Verso with a landscape sketch in pencil, the full sheet.

We are grateful to Renate Ebner and Hans Geissler, estate Erich Heckel, Hemmenhofen on Lake Constance, for the kind support in cataloging this lot. The work is registered in the archive.

PROVENANCE: Private collection Southern Germany.

Called up: December 7, 2017 - ca. 15.33 h +/- 20 min.

Erich Heckel
Badende, 1919.
€ 10,000 - 15,000

$ 11,700 - 17,550


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Buyer's premium, taxation and resale right apportionment for Erich Heckel "Badende"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Erich Heckel - lots sold by Ketterer Kunst