Sale: 517 / Modern Art II, June 18. 2021 in Munich Lot 227

Pablo Picasso
Nu Debout, 1943.
Pencil drawing
Post auction sale: € 72,000 / $ 86,400
Lot description
Nu Debout. 1943.
Pencil drawing.
Zervos XIII 93 (dort 1962 wohl noch ohne die Signatur). Bottom right barely legibly signed. On firm creme wove paper. 50.5 x 32.7 cm (19.8 x 12.8 in), the full sheet.
The signature was presumably added in context of the sale through Galerie Louise Leiris . [JS].
• Outstanding large-format nude drawing with the characteristic renunciation of internal structures.
• The poised contour lines have almost no starting point and testify to Picasso's inimitable mastery in drawing.
• It is the artist's deep examination of the female body that best reveals Picasso's exceptional drawing talent.
• In 1943 Picasso met the 21-year-old Fancoise Gilot, who followed Dora Maar as Picasso's muse and model.
• Like Picasso's famous painting "Guernica", the large-format nude drawing was probably made in Picasso's studio/apartment on Rue des Grands-Augustin in Paris

PROVENANCE: Galerie Louise Leiris, Paris.
Collection Arild Wahlstrøm, Oslo.
Private collection Switzerland.
Private collection Europe.

"When I was a child my mother said: 'If you become a soldire, you will be general. If you become a monk, you will be pope.' I wanted to be a painter and I became Picasso."
Pablo Picasso, quote after H. Berggruen, Die Kunst und das Leben, Berlin 2008, p. 15.


Buyer's premium, taxation and resale right apportionment for Pablo Picasso "Nu Debout"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) 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.