Sale: 522 / Modern Art II, Dec. 10. 2021 in Munich Lot 121002113

 
121002113
Pablo Picasso
Femme au Chignon (1er état), 1957.
Lithograph
Estimate:
€ 20,000 - 30,000

 
$ 23,200 - 34,800

+
Lot description
Femme au Chignon (1er état). 1957.
Lithograph.
Bloch 853. Signed and numbered. Print substrate dated "28.12.57". From an edition of 50 copies. On Arches wove paper (with the watermark). 55.3 x 43.5 cm (21.7 x 17.1 in). Sheet: 65 x 50 cm (25,5 x 19,6 in).

• Portrait of Jacqueline Roque, who became Picasso's wife in 1961.
• Picasso is a master of print techniques.
• Characteristic sheet in good condition
.

PROVENANCE: Private collection North Rhine-Westphalia.

 


Buyer's premium, taxation and resale right apportionment for Pablo Picasso "Femme au Chignon (1er état)"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
In accordance with §26 of German Copyright Act, a droit de suite charge of 2.4% including VAT is levied for original artworks and photographs for the compensation of the statutory right of resale.