Sale: 547 / Modern Art Day Sale, Dec. 09. 2023 in Munich Lot 470

 

470
Lyonel Feininger
Bretonische Sardinenfänger, 1931.
Watercolor and India ink on laid paper
Estimate:
€ 25,000 - 35,000

 
$ 26,250 - 36,750

+
Bretonische Sardinenfänger. 1931.
Watercolor and India ink on laid paper.
Signed and titled in lower left and dated in lower right. 24.5 x 42.5 cm (9.6 x 16.7 in), size of sheet.
[AR].
• Marvelous watercolor in a subtle execution from the late Dessau Bauhaus years.
• Feininger makes the silence palpable, capturing it in cool colors and clear lines.
• One of the artist's preferred motifs: sea, clouds, ships and figures in ever new constellations and compositions.
• Family-owned for more than 50 years
.

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 as 1880-10-24-23. The lot is accompanied by the certificate.

PROVENANCE: Private collection Northern Germany (since 1967).
Ever since family-owned.

LITERATURE: Dr. Ernst Hauswedell, Moderne Kunst, auction 155, Hamburg, November 18, 1967, lot 257 (fig. p. 53).

Called up: December 9, 2023 - ca. 19.06 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Lyonel Feininger "Bretonische Sardinenfänger"
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.