Sale: 512 / Modern Art II, Dec. 12. 2020 in Munich Lot 473

 
473
Emil Nolde
Tukan, 1923/24.
Watercolor
Estimate:
€ 30,000 - 40,000

 
$ 35,100 - 46,800

+
Lot description
Tukan. 1923/24.
Watercolor.
Signed in lower left. On Japon. 46.7 x 34.5 cm (18.3 x 13.5 in), the full sheet. [SM].

• From the group of the animal depictions made at the Berlin Zoo.
• Privately-owned for at least 35 years.
• A similar watercolor is part of the collection of the Nolde Foundation, Seebüll
.

Accompanied by a photo expertise issued by Prof. Dr. Manfred Reuther, Klockries, dated October 21, 2020. The watercolor is listed in the Reuther archive with the number "Nolde A - 187/2020".

PROVENANCE: Private collection Southern Germany (for at least 35 years).

Called up: December 12, 2020 - ca. 18.27 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Emil Nolde "Tukan"
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.