Sale: 519 / Post War / Cont. Art II, June 19. 2021 in Munich Lot 441

Ernst Wilhelm Nay
Onyx, 1963.
Oil on canvas
Post auction sale: € 58,000 / $ 69,600
Lot description
Onyx. 1963.
Oil on canvas.
Scheibler 1060. Signed and dated in lower right. Verso once more signed and with signature, date and title on the stretcher. With crossed out date "1960". 82 x 70 cm (32.2 x 27.5 in).
• Nay creates a special dynamic through superimposing discs and colors.
• Appealing surface structure.
• The artist is among the most important representatives of German Post War Art

PROVENANCE: Galerie Orangerie-Reinz, Cologne.
Private collection Rhineland.
Private collection Baden-Württemberg (since 2019).

EXHIBITION: Ernst Wilhelm Nay, Gemälde, Aquarelle, Zeichnungen von 1932 bis heute, Frankfurter Kunstkabinett Hanna Bekker vom Rath, Frankfurt a. M. 1960, cat. no. 33.
Ernst Wilhelm Nay, Galerie Günther Franke, Munich 1963, cat. no. 4 (with gallery stamp on verso of the stretcher).
Ernst Wilhem Nay 1902-1968, Galerie Orangerie-Reinz, Cologne 1981, cat. no p., with illu.


Buyer's premium, taxation and resale right apportionment for Ernst Wilhelm Nay "Onyx"
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.