Sale: 539 / Modern Art Day Sale, June 10. 2023 in Munich Lot 377

 

377
Emil Nolde
Engel vor Sonnenblumen, Um 1935.
Watercolor
Estimate:
€ 25,000 - 35,000

 
$ 27,500 - 38,500

+
Engel vor Sonnenblumen. Um 1935.
Watercolor.
Lower right signed. On Japon. 24.5 x 16 cm (9.6 x 6.2 in), the full sheet.
[SM].
• In this watercolor, Nolde united two characteristic themes: the human figure and flowers.
• A particularly personal motif: a figure of an angel from his own collection and the sunflowers from his garden.
• In strong colors
.

Accompanied by a duplicate of the photo expertise issued by Prof. Dr. Martin Urban, Foundation Seebüll Ada and Emil Nolde, from May 29, 2001 and a confirmation of this expertise issued by Prof. Dr. Manfred Reuther, Foundation Seebüll Ada and Emil Nolde, on August 7, 2006.

PROVENANCE: Private collection (1995)
C.G. Boerner, Düsseldorf.
Art dealer Hubertus Melsheimer, Cologne.
Private collection Northern Germany.

LITERATURE: Karl & Faber, Munich, 181st auction, May 28/29, 1991, lot 961.
Grisebach, Berlin, May 26, 1995, lot 24.
Bernhard Fulda, Emil Nolde. Eine deutsche Legende. Der Künstler im Nationalsozialismus. Essay- und Bildband zur Ausst. Neue Galerie im Hamburger Bahnhof - Museum für Gegenwart, Berlin (April 12 - September 15, 2019), Munich 2019, p. 192 (color illu.).

Called up: June 10, 2023 - ca. 15.12 h +/- 20 min.




 

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

Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.