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Sale: 468 / Modern Art I, June 09. 2018 in Munich Lot 753

Lot description
Fumeur à la cigarette blanche. 1964.
Color Etching and aquatint.
Baer 1169. Bloch 1169. Signed and inscribed "Epreuve d`artiste". Dated in the plate "I 27.0.64.". One of 15 artist proofs aside from the edition of 50. On wove paper by Richard de Bas (with watermark). 41.4 x 31.8 cm (16.2 x 12.5 in). Sheet: 55,8 x 41 cm ( 22 x 16,1 in).
Printed by Pennequin for Atelier Crommelynck. Published by Galerie Louise Leiris, Paris 1964. [JS].
Only three copies of this rare print have ever been offered on the international art market (source:

PROVENANCE: Galerie Thomas, Munich (with label on frame covering).
Private collection Southern Germany.

Called up: June 9, 2018 - ca. 13.58 h +/- 20 min.

Pablo Picasso
Fumeur à la cigarette blanche, 1964.
Etching and aquatint
€ 20,000 - 30,000

$ 24,000 - 36,000


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Pablo Picasso - Fumeur à la cigarette blanche - Frame image
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Buyer's premium, taxation and resale right apportionment for Pablo Picasso "Fumeur à la cigarette blanche"
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