Sale: 502 / Modern Art II, July 18. 2020 in Munich Lot 327

 
327
Emil Nolde
Tulpen und Iris, Um 1930/1935.
Watercolor
Post auction sale: € 48,000 / $ 57,120
+
Lot description
Tulpen und Iris. Um 1930/1935.
Watercolor.
Signed in lower right. On Japon. 47 x 33.7 cm (18.5 x 13.2 in), size of sheet.

• Lovely tender color constellation
• Fascinating composition
• Rare flower combination
.

The watercolor is registered at the archive Reuther with the number "Nolde A - 169/2020".

PROVENANCE: Nassauisches Landesmuseum Wiesbaden (1931-1937).
State-owned (in 1937 confiscated from afoementioned in context of the "Degenerate Art" expropriations).
Bernhard A. Böhmer, Güstrow (acquired from aforementioned).
Presumably Edgar Horstmann, Hamburg (with fragments of his name on mounting remains on verso, presumably acquired by the aforementioend from his estate).
Private collection North Rhine-Westphalia (since around the 1990s)
No pending restitution claims.

LITERATURE: Data bank of impoundment inventory "Degenerate Art" , no. 8750.

 


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Buyer's premium, taxation and resale right apportionment for Emil Nolde "Tulpen und Iris"
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 2.4% including statutory sales tax.