Sale: 494 / Modern Art, Dec. 07. 2019 in Munich Lot 533

Lyonel Feininger
32, 1926.
€ 30,000 - 40,000

$ 33,000 - 44,000

Lot description
32. 1926.
Watercolor and India ink drawing.
Signed in lower left, dated in lower right and titled in center at bottom. Verso with teh stamp "Feininger Estate". On delicate creme laid paper. 29.1 x 45.3 cm (11.4 x 17.8 in) , size of sheet.
- Soft watercolor of one of his most popular subjects
- Rare and early watercolor
Accompanied by a photo expertise issued by Achim Moeller, New York, from October 9, 2019. The work is registered at the archive of the Lyonel Feininger Project LLC, New York, with the number 1625-10-09-19.

PROVENANCE: From the artist's estate.
Private collection Southern Germany.

"I have been fascinated by the sea since early childhood and I've always wanted to be a marine painter." - Lyonel Feininger

Called up: December 7, 2019 - ca. 18.44 h +/- 20 min.


Buyer's premium, taxation and resale right apportionment for Lyonel Feininger "32"
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.