Sale: 533 / Modern Art Day Sale and Gerlinger Collection, Dec. 10. 2022 in Munich Lot 450

 

450
Emil Nolde
Ada liegend, 1907.
Watercolor
Estimate:
€ 40,000 - 60,000

 
$ 40,000 - 60,000

+
Ada liegend. 1907.
Watercolor.
Signed in lower right. On delicate off-white wove paper. 32.8 x 48.7 cm (12.9 x 19.1 in), size of sheet.
[AM].
• Ada Nolde, the artist's wife, captured in a spontaneopus and expressive duct.
• Intimate depictions like this are very rare among the artist's watercolors.
• Early watercolor with a strong luminosity.
• For the first time on the international auction market (source: artprice.com)
.

Accompanied by a photo expertise from Prof. Dr. Martin Urban, Foundation Seebüll Ada and Emil Nolde, dated December 4, 1986.

PROVENANCE: Collection Rauert, Hamburg.
Galleria Henze, Lugano.
Private collection Southern Germany (acquired from the above in 1986).

“At that time, soon and dearly, I wrote to the young actress, my friend Ada. [.] It was like a distant happiness that I was only allowed to think about in dreams."
Emil Nolde about his later wife Ada Vilstrup, in: Emil Nolde, Das eigene Leben. Die Zeit der Jugend von 1867-1902, Flensburg/Hamburg 1949, p. 286.

Called up: December 10, 2022 - ca. 17.36 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Emil Nolde "Ada liegend"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

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.

Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.

The artist‘s resale right compensation is VAT-exempt.