Sale: 528 / Modern Art, June 11. 2022 in Munich Lot 458

 

458
George Grosz
Jazz-Sängerin, 1932.
Watercolor
Estimate:
€ 25,000 - 35,000

 
$ 29,000 - 40,600

+
Jazz-Sängerin. 1932.
Watercolor.
Lower left signed. On laid paper. 45.3 x 60.8 cm (17.8 x 23.9 in), size of sheet.
[AM].
• Work with strong and intense colors and a special dynamic.
• From the important year 1932, when he went onto his first trip to the USA.
• Significant works by the artist are at, among others, the Centre Pompidou, Paris, the Neue Nationalgalerie, Berlin and Tate Modern, London
.

With a photo expertise by Ralph Jentsch from May 2, 2022. The work will be included into the forthcoming catalog raisonné of works on paper.

PROVENANCE: Richard Cohn Gallery.
J.E. Neumann, USA.
Private collection Vic Firth, Dedham.
Private collection Ukraine.

EXHIBITION: George Grosz: Berlin – New York, Neue Nationalgalerie, Berlin, December 21, 1994 - April 17, 1995 / Kunstsammlungen Nordrhein-Westfalen, Düsseldorf, May 6 - July 30, 1995 / Staatsgalerie Stuttgart, September 7 - December 3, 1995, cat. no. X.119 (with the exhibition label on the reverse).

Called up: June 11, 2022 - ca. 18.18 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for George Grosz "Jazz-Sängerin"
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 artists who passed away 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.