Sale: 494 / Modern Art, Dec. 07. 2019 in Munich Lot 540

 
540
Emil Nolde
Landschaft mit dem Krater eines Vulkans, Ca. 1914.
Watercolor
Post auction sale: € 45,000 / $ 49,500
+
Lot description
Landschaft mit dem Krater eines Vulkans. Ca. 1914.
Watercolor.
Signed in lower right. On Japon. 34.5 x 49 cm (13.5 x 19.2 in) , size of sheet.

• Offered on the international auction market for the first time in ten years.
• Extraordinarily rare motif for Nolde and his contemporaries
• Made during his South Sea expedition in 1914
.
Accompanied by a photo expertise isued by Prof. Martin Urban, Foundation Seebüll Ada and Emil Nolde, from June 5, 1986.

PROVENANCE: Collection Gustl Pfänder, Nürtingen (until 1957).
Private collection Southern Germany.

LITERATURE: Stuttgarter Kunstkabinett, 30th auction, November 26/2, 1957, lot 762, with illu.

540
Emil Nolde
Landschaft mit dem Krater eines Vulkans, Ca. 1914.
Watercolor
Post auction sale: € 45,000 / $ 49,500
+
 


Buyer's premium, taxation and resale right apportionment for Emil Nolde "Landschaft mit dem Krater eines Vulkans"
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.