Sale: 502 / Modern Art II, July 18. 2020 in Munich Lot 120000537

Emil Nolde
Zwei Männer im Profil, 1938/1945.
€ 40,000 - 60,000

$ 45,600 - 68,400

Lot description
Zwei Männer im Profil. 1938/1945.
Watercolor and India ink drawing.
Signed in lower right. On Japon. 18.7 x 16.2 cm (7.3 x 6.3 in), the full sheet. [CH].

• Watercolor with a painting-like effect.
• A combination of graphic elements with rich and strong color gradients.
• For Nolde's oeuvre the depicted men have an unusually expressive facial expression.
Accompanied by a photo expertise issued by Prof. Dr. Manfred Reuther, Foundation Seebüll Ada and Emil Nolde, on May 27, 2009.

PROVENANCE: Private collection Baden-Württemberg.
Private collection Netherlands.
Private collection Canada (acquired from aforementioend in 2009).

LITERATURE: Nagel auctions, October 17, 2009, lot 722.


Buyer's premium, taxation and resale right apportionment for Emil Nolde "Zwei Männer im Profil"
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.