Sale: 494 / Modern Art, Dec. 07. 2019 in Munich Lot 504

Emil Nolde
Marschlandschaft (Schilf am See, zwei Bauernhöfe), Um 1920/1924.
€ 70,000 - 90,000

$ 77,000 - 99,000

Lot description
Marschlandschaft (Schilf am See, zwei Bauernhöfe). Um 1920 /1924.
India ink and Watercolor.
Signed in lower right, inscribed with a personal dedication in pencil in lower left. On Japon. 35.5 x 49.8 cm (13.9 x 19.6 in) , the full sheet.
Marsh landscape near Ruttebüll.
• Atmospheric depiction of nature by one of the greatest watercolorists in art history
• Contrasting color fields in a gentle flow
With a photo expertise issued by Prof. Martin Urban, Foundation Seebüll Ada and Emil Nolde, from March 19, 2001.

PROVENANCE: Private collection Hesse.

Called up: December 7, 2019 - ca. 18.14 h +/- 20 min.


Buyer's premium, taxation and resale right apportionment for Emil Nolde "Marschlandschaft (Schilf am See, zwei Bauernhöfe)"
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.