Sale: 514 / Evening Sale, Dec. 11. 2020 in Munich Lot 240

 
240
Lyonel Feininger
Under Shortened Sail, 1937.
Watercolor and India ink drawing
Estimate:
€ 40,000 - 60,000

 
$ 46,800 - 70,200

+
Lot description
Under Shortened Sail. 1937.
Watercolor and India ink drawing.
Lower left signed, lower right dated and titled in bottom center. On laid paper. 31 x 48 cm (12.2 x 18.8 in), size of sheet.

• Made the year that 387 works by Feininger were removed from German museums and the artist's return to the USA.
• The watercolor and its depiction of the sea's vastness contrary to the small boat sailing under German and American flag is very symbolic of the new situation in his life.
• Feininger's crystalline seascapes are particularly sought-after on the international auction market
.

Achim Moeller, director of the Lyonel Feininger Project LLC, New York-Berlin, has confirmed this work's authenticity, it is registered in the archive of the Lyonel Feininger Project under the number 237-09-22-08.

PROVENANCE: Arthur U. Hooper, Baltimore.
Gimpel Weitzenhoffer, New York (with label on frame).
Collection Helen W. Benjamin, New York.
Collection Mary B. Arnstein, USA.
Private collection Germany.

EXHIBITION: Meister der klassischen Moderne, Haus Beda, Bitburg, September 29 - October 27, 2013, no. 9.
Lyonel Feininger. Ein Meister am Bauhaus, Düsseldorf 2010 (ex. cat. with illu.).

Called up: December 11, 2020 - ca. 18.10 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Lyonel Feininger "Under Shortened Sail"
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.