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Sale: 487 / Modern Art II, June 08. 2019 in Munich Lot 829

 
Lot description
Composition in red, yellow and black. 1950.
Chalk drawing.
Signed and dated in lower left. Verso with hand-written title. On Montgolfier wove paper (with watermark). 23.8 x 31.5 cm (9.3 x 12.4 in) , size of sheet.

Achim Moeller, director of the Lyonel Feininger Project LLC, New York – Berlin, has confirmed this work's authenticity. It is registered at the archive of the Lyonel Feininger Project with the number 1594-04-24-19.

PROVENANCE: Private collection Berlin.

LITERATURE: Grisebach Berlin, auction on June 9, 2007, lot 210.

829
Lyonel Feininger
Composition in red, yellow and black, 1950.
Chalk drawing
Post auction sale: € 17,000 / $ 19,210
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Buyer's premium, taxation and resale right apportionment for Lyonel Feininger "Composition in red, yellow and black"
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.
Lyonel Feininger - lots sold by Ketterer Kunst