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Sale: 466 / Modern Art II, June 07. 2018 in Munich Lot 118000047

Lot description
Face tankard. 1959.
Ceramics . White sherd, oxide painting on white enamel ground.
Ramié 432. With inscription on stand and numbered, as well as with embossing stamps "Madoura plein feu" and "Edition Picasso". From an edition of 300 copies. Height: 21.5 cm (8.4 in).

Pablo Picasso
Face tankard, 1959.
€ 3,000 - 4,000

$ 3,690 - 4,920


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Pablo Picasso - Face tankard -
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Buyer's premium, taxation and resale right apportionment for Pablo Picasso "Face tankard"
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.
Pablo Picasso - lots sold by Ketterer Kunst