Sale: 502 / Modern Art II, June 13. 2020 in Munich Lot 120000127

 
120000127
Giorgio Morandi
Paesaggio, 1915.
Watercolor
Estimate:
€ 18,000 - 24,000

 
$ 20,520 - 27,360

+
Lot description
Paesaggio. 1915.
Watercolor.
Signed and dated in lower right and lower left inscribed "A1253K" by a hand other than that of the artist. Verso inscribed by a hand other than that of the artist. On smooth creme wove paper. 28 x 19 cm (11 x 7.4 in), size of sheet. [CH].

PROVENANCE: Private collection Mannheim (in the 1960s).
Private collection Northern Germany.

EXHIBITION: Giorgio Morandi, Kestner-Gesellschaft, Hanover, November 17 - December 6, 1964, cat. no. 19.
Aquarelle, Zeichnungen, Druckgraphik des 20. Jahrhunderts aus der Sammlung eines Kielers. Ausstellung zum 100. Jubiläum der Schleswig-Holsteinischen Landesbrandkasse, Kunsthalle zu Kiel/ Schleswig Holsteinischer Kunstverein, February 3 - March 3, 1974, cat. no. 113 (with illu. in black and white on p. 100).
Idee und Wirklichkeit. Handzeichnungen und Aquarelle des 20. Jahrhunderts aus Privatbesitz, Städtische Kunstsammlungen Ludwigshafen am Rhein, Bürgermeister-Ludwig-Reichert-Haus, Ludwigshafen, October 11 - November 1, 1970, cat. no. 127 (with full-page illu.).

LITERATURE: Lamberto Vitali, Giorgio Morandi. Pittore - Monografie di artisti italiani contemporanei, Milan 1970, plate 17.

 


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Buyer's premium, taxation and resale right apportionment for Giorgio Morandi "Paesaggio"
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.