Sale: 539 / Modern Art Day Sale, June 10. 2023 in Munich Lot 303

 

303
Emil Nolde
Landschaft, Insel Alsen, 1909/10.
Watercolor and ink
Estimate:
€ 18,000 - 24,000

 
$ 19,800 - 26,400

+
Landschaft, Insel Alsen. 1909/10.
Watercolor and ink.
Lower right signed. Titled in lower left on the backing board. On fine wove paper. 19 x 25.1 cm (7.4 x 9.8 in). Backing board: 24,2 x 30,7 cm (9,5 x 12 in. [AW]).


• Dreamful landscape watercolor in a subtly nuanced color scheme.
• From 1903 to 1916, Ada and Emil Nolde were living in a fisherman's house on the island of Alsen.
• In the eventful year 1910, Nolde left the Berlin Secession and the Neue Secession formed
.

Accompanied by a photo expertise (in copy) issued by Prof. Dr. Manfred Reuther on February 26, 2022. The watercolor is registered in the Archive Reuther under the number "Nolde A - 269/2023".

PROVENANCE: Collection of Anna Mosle, USA.
Collection of Margo Loeffler, USA (acquired from the above).
Private collection (inherited from the above).
Private collection Northern Germany (acquired from the above).

Called up: June 10, 2023 - ca. 13.34 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Emil Nolde "Landschaft, Insel Alsen"
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.