Raumbeispiel
248
Lyonel Feininger
Ship on Yellow Sea, 1939.
Watercolor and ink pen
Estimate:
€ 15,000 - 20,000
$ 17,550 - 23,400
248
Lyonel Feininger
Ship on Yellow Sea, 1939.
Watercolor and ink pen
Estimate:
€ 15,000 - 20,000
$ 17,550 - 23,400
Lyonel Feininger
1871 - 1956
Ship on Yellow Sea. 1939.
Watercolor and ink pen.
Signed in the lower left and dated “VII. II. 39” in the lower right. On brownish wove paper. 16.9 x 24.6 cm (6.6 x 9.6 in), size of sheet.
[MH].
• From the artist’s important early American period.
• Ships and sailboats are a recurring motif in his watercolors.
• During his lifetime, the Museum of Modern Art in New York showed an exhibition of his works in 1944/45.
• Part of the same private collection for over 50 years.
• 2026 marks the 70th anniversary of the artist’s death, with numerous exhibitions and events celebrating his work.
• Works by Lyonel Feininger are in many major international collections, including the Museum of Modern Art, New York; the Centre Pompidou, Paris; the Städel Museum, Frankfurt am Main; and the Sprengel Museum, Hanover.
Achim Moeller, Director of the Lyonel Feininger Project, New York – Berlin, has confirmed the authenticity of this work, it is registered in the Lyonel Feininger Project archive under number 2063-04-29-26.
PROVENANCE: Dayrell Kortheuer Collection, USA.
Private collection, Southern Germany (since 1975, Serge Sabarsky Gallery, New York).
In the family’s possession ever since.
EXHIBITION: The Four Feininger's Exhibition, Mint Museum of Art, Charlotte, USA, November 3-13, 1956.
LITERATURE: Hauswedell & Nolte, Hamburg, 199th auction, June 6-8, 1974, lot 454 (illustrated onp. 132).
Called up: June 13, 2026 - ca. 16.17 h +/- 20 min.
1871 - 1956
Ship on Yellow Sea. 1939.
Watercolor and ink pen.
Signed in the lower left and dated “VII. II. 39” in the lower right. On brownish wove paper. 16.9 x 24.6 cm (6.6 x 9.6 in), size of sheet.
[MH].
• From the artist’s important early American period.
• Ships and sailboats are a recurring motif in his watercolors.
• During his lifetime, the Museum of Modern Art in New York showed an exhibition of his works in 1944/45.
• Part of the same private collection for over 50 years.
• 2026 marks the 70th anniversary of the artist’s death, with numerous exhibitions and events celebrating his work.
• Works by Lyonel Feininger are in many major international collections, including the Museum of Modern Art, New York; the Centre Pompidou, Paris; the Städel Museum, Frankfurt am Main; and the Sprengel Museum, Hanover.
Achim Moeller, Director of the Lyonel Feininger Project, New York – Berlin, has confirmed the authenticity of this work, it is registered in the Lyonel Feininger Project archive under number 2063-04-29-26.
PROVENANCE: Dayrell Kortheuer Collection, USA.
Private collection, Southern Germany (since 1975, Serge Sabarsky Gallery, New York).
In the family’s possession ever since.
EXHIBITION: The Four Feininger's Exhibition, Mint Museum of Art, Charlotte, USA, November 3-13, 1956.
LITERATURE: Hauswedell & Nolte, Hamburg, 199th auction, June 6-8, 1974, lot 454 (illustrated onp. 132).
Called up: June 13, 2026 - ca. 16.17 h +/- 20 min.
Buyer's premium, taxation and resale right compensation for Lyonel Feininger "Ship on Yellow Sea"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.
Differential taxation:
Hammer price up to 2,000,000 €: herefrom 34 % premium.
The share of the hammer price exceeding 2,000,000 € is subject to a premium of 29 % and is added to the premium of the share of the hammer price up to 2,000,000 €.
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 2,000,000 €: herefrom 29 % premium.
The share of the hammer price exceeding 2,000,000 € is subject to a premium of 23% and is added to the premium of the share of the hammer price up to 2,000,000 €.
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 7 % is levied to the sum of hammer price and premium.
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 2,000,000 €: herefrom 34 % premium.
The share of the hammer price exceeding 2,000,000 € is subject to a premium of 29 % and is added to the premium of the share of the hammer price up to 2,000,000 €.
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 2,000,000 €: herefrom 29 % premium.
The share of the hammer price exceeding 2,000,000 € is subject to a premium of 23% and is added to the premium of the share of the hammer price up to 2,000,000 €.
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 7 % is levied to the sum of hammer price and premium.
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.
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