Lot 429
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429
Fernand Léger
Projet de costume: Création du Monde, 1923.
Watercolor and ink over pencil on ruled paper
Estimate:
€ 10,000 - 15,000
$ 10,600 - 15,900
Projet de costume: Création du Monde. 1923.
Watercolor and ink over pencil on ruled paper.
Lower right monogrammed. Inscribed with the estate number "N°G. 386-1" and titled on the reverse by a hand other than that of the artist. 22 x 17 cm (8.6 x 6.6 in).
[AR].
• Bird of paradise in Léger's characteristic style.
• Costume design for the ballet "La Création du Monde".
• 100 years ago, on October 25, 1923, the piece premiered at the Théâtre des Champs Elysées.
With an authentication issued by the Comité Léger, Paris. The work will be included into the online catalogue raisonné of works on paper aufgenommen.
PROVENANCE: Nadia Léger (artist's wife), Paris.
Pierre Cardin, Paris.
Private collection Portugal.
Corporate Collection Ahlers AG, Herford.
EXHIBITION: Espace Cardin, Paris, 1970.
LITERATURE: Tajan, Paris, auction 9726, Dessins Modernes, May 3, 2012, lot 258.
Called up: December 9, 2023 - ca. 18.11 h +/- 20 min.
Watercolor and ink over pencil on ruled paper.
Lower right monogrammed. Inscribed with the estate number "N°G. 386-1" and titled on the reverse by a hand other than that of the artist. 22 x 17 cm (8.6 x 6.6 in).
[AR].
• Bird of paradise in Léger's characteristic style.
• Costume design for the ballet "La Création du Monde".
• 100 years ago, on October 25, 1923, the piece premiered at the Théâtre des Champs Elysées.
With an authentication issued by the Comité Léger, Paris. The work will be included into the online catalogue raisonné of works on paper aufgenommen.
PROVENANCE: Nadia Léger (artist's wife), Paris.
Pierre Cardin, Paris.
Private collection Portugal.
Corporate Collection Ahlers AG, Herford.
EXHIBITION: Espace Cardin, Paris, 1970.
LITERATURE: Tajan, Paris, auction 9726, Dessins Modernes, May 3, 2012, lot 258.
Called up: December 9, 2023 - ca. 18.11 h +/- 20 min.
429
Fernand Léger
Projet de costume: Création du Monde, 1923.
Watercolor and ink over pencil on ruled paper
Estimate:
€ 10,000 - 15,000
$ 10,600 - 15,900
Buyer's premium, taxation and resale right compensation for Fernand Léger "Projet de costume: Création du Monde"
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.
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.