Sale: 528 / Modern Art, June 11. 2022 in Munich Lot 449

 

449
Lyonel Feininger
Mural Design for the 1st Class Dining Room of the SS Constitution, 1949.
Watercolor and ink brush drawing
Estimate:
€ 35,000 - 45,000

 
$ 40,600 - 52,200

+
Mural Design for the 1st Class Dining Room of the SS Constitution. 1949.
Watercolor and ink brush drawing.
Lower left signed and dated as well as inscribed "to Lux". On laid paper. 24 x 63.7 cm (9.4 x 25 in), size of sheet.
[AR].
• Subtly water-colored preliminary study for a painting on SS Constitution, a vessel in service for American Export Lines.
• Feininger's lifelong fascination with maratime themes is recognized with the commission for a painting for one the most exclusive ocean liner's of its days.
• With a personal dedication for his youngest son T. Lux Feininger
.

Achim Moeller, director of the Lyonel Feininger Project LLC, New York – Berlin, has confirmed this work's authenticity. It is registered in the archive of the Lyonel Feininger Project with the number 1728-11-01-21.

PROVENANCE: T. Lux Feininger, New York (as present from the artist)
Private collection (inherited)
Private collection New York.

Called up: June 11, 2022 - ca. 18.06 h +/- 20 min.




449
Lyonel Feininger
Mural Design for the 1st Class Dining Room of the SS Constitution, 1949.
Watercolor and ink brush drawing
Estimate:
€ 35,000 - 45,000

 
$ 40,600 - 52,200

+

 

Buyer's premium and taxation for Lyonel Feininger "Mural Design for the 1st Class Dining Room of the SS Constitution"
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 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.