Sale: 517 / Modern Art II, June 19. 2021 in Munich Lot 121000064

 
121000064
Adolf Hölzel
Komposition, Um 1930.
Pastel
Estimate:
€ 10,000 - 15,000

 
$ 11,700 - 17,550

+
Lot description
Komposition. Um 1930.
Pastel.
Verso with the estate stamp (Lugt 1258f). On flock coated paper. 38 x 50.5 cm (14.9 x 19.8 in), size of sheet.

• Large-sized work in strong colors.
• Other works from this era are part of the collections of, among others, the Städel Museum in Frankfurt am Main, the mumok (Museum Moderner Kunst Stiftung Ludwig) in Vienna and the Sprengel Museum Hanover.
• Today Adolf Hölzel is considered a pioneer of German abstraction, as his art theories inspired the later generation of artists around Oskar Schlemmer, Johannes Itten and other Bauhaus artists
.

We are grateful to Dr. Alexander Klee, Vienna, for the kind expert advice.

PROVENANCE: From the artis's estate.
Private collection Rhineland-Palatinate.
Private collection Baden-Württemberg.

 


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Buyer's premium, taxation and resale right apportionment for Adolf Hölzel "Komposition"
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.