Sale: 494 / Modern Art, Dec. 07. 2019 in Munich Lot 528

 
528
Lyonel Feininger
Wharf, 1946.
Watercolor
Estimate:
€ 18,000 - 24,000

 
$ 19,800 - 26,400

+
Lot description
Wharf. 1946.
Watercolor and India ink drawing.
Signed in lower left, dated in lower right. On delicate creme laid paper. 19.2 x 29.1 cm (7.5 x 11.4 in) , size of sheet. [CH].

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 1629-10-24-19.

PROVENANCE: Buchholz Gallery Curt Valentin, New York (verso of frame with the gallery label).
Private collection USA (acquired from aforementioned).

Called up: December 7, 2019 - ca. 18.39 h +/- 20 min.

 


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