Lot 488
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Raumbeispiel
488
Lyonel Feininger
Straßenszene, 1952.
Watercolor and pen and ink drawing
Estimate:
€ 20,000 - 30,000
$ 21,400 - 32,100
Straßenszene. 1952.
Watercolor and pen and ink drawing.
Lower left signed and dated. On laid paper. 31.5 x 48.6 cm (12.4 x 19.1 in), the full sheet.
[SM].
• After his return to America, Feininger revisited cityscapes as a theme.
• The use of a disintegrated line and a muted palette is characteristic of his later works.
• Feininger is a master of giving lightness and movement to straight, linear forms.
Achim Moeller, director of the Lyonel Feininger Project LLC, New York - Berlin, has confirmed the authenticity of this work, which is registered in the Lyonel Feininger Project archive under the number 1580-02-26-19.
PROVENANCE: Hirschl & Adler Galleries, New York.
ACA Galleries, New York.
Southwestern Bell Houston, Texas.
Parrish & Reinisch, Inc, New York.
Sigrid Freundorfer Fine Art, New York.
Private Collection Germany.
EXHIBITION: Lyonel Feininger. Zurück in Amerika. 1937-1956, Stiftung Moritzburg, Kunstmuseum des Landes Sachsen-Anhalt, Halle (Saale), May 16 - August 30, 2009, cat. no. 71, pp. 195 and 224.
Die Blaue Vier. Lyonel Feininger, Alexej Jawlensky, Wassily Kandinsky, Paul Klee, Galerie Thomas, Munich, May 9 - July 19, 2014.
Called up: June 8, 2024 - ca. 18.58 h +/- 20 min.
Watercolor and pen and ink drawing.
Lower left signed and dated. On laid paper. 31.5 x 48.6 cm (12.4 x 19.1 in), the full sheet.
[SM].
• After his return to America, Feininger revisited cityscapes as a theme.
• The use of a disintegrated line and a muted palette is characteristic of his later works.
• Feininger is a master of giving lightness and movement to straight, linear forms.
Achim Moeller, director of the Lyonel Feininger Project LLC, New York - Berlin, has confirmed the authenticity of this work, which is registered in the Lyonel Feininger Project archive under the number 1580-02-26-19.
PROVENANCE: Hirschl & Adler Galleries, New York.
ACA Galleries, New York.
Southwestern Bell Houston, Texas.
Parrish & Reinisch, Inc, New York.
Sigrid Freundorfer Fine Art, New York.
Private Collection Germany.
EXHIBITION: Lyonel Feininger. Zurück in Amerika. 1937-1956, Stiftung Moritzburg, Kunstmuseum des Landes Sachsen-Anhalt, Halle (Saale), May 16 - August 30, 2009, cat. no. 71, pp. 195 and 224.
Die Blaue Vier. Lyonel Feininger, Alexej Jawlensky, Wassily Kandinsky, Paul Klee, Galerie Thomas, Munich, May 9 - July 19, 2014.
Called up: June 8, 2024 - ca. 18.58 h +/- 20 min.
488
Lyonel Feininger
Straßenszene, 1952.
Watercolor and pen and ink drawing
Estimate:
€ 20,000 - 30,000
$ 21,400 - 32,100
Buyer's premium, taxation and resale right compensation for Lyonel Feininger "Straßenszene"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.
We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.
Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.
The artist‘s resale right compensation is VAT-exempt.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.
We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.
Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.
The artist‘s resale right compensation is VAT-exempt.