Sale: 591 / Day Sale, June 07. 2025 in Munich button next Lot 242

 

242
Ernst Wilhelm Nay
Ohne Titel, 1959.
Watercolor
Estimate:
€ 15,000 - 20,000

 
$ 16,950 - 22,600

+
Ohne Titel. 1959.
Watercolor.
Signed and dated "Nay 59 y" in the lower right. On watercolor paper. 42 x 60.2 cm (16.5 x 23.7 in), the full sheet.
The suffix “y” in the signature refers to the place of origin of the watercolor: Mykonos, Greece. [MH].

• From Nay's most famous work phase, the “Disk Pictures”, which he created from the mid-1950s to the early 1960s.
• The “Disk Pictures” are among the most sought-after works by Ernst Wilhelm Nay on the international auction market (source: artprice.com).
• Watercolors from this series are part of the collections of the Sprengel Museum, Hannover, the Hamburger Kunsthalle and the Museum Folkwang, Essen
.

The work is included in the (online) catalog raisonné of E. W. Nay's works on paper, which is regularly updated by Dr. Magdalene Claesges, Cologne. We would like to thank Aurel Scheibler, Ernst Wilhelm Nay Foundation, for the kind information.

PROVENANCE: Private collection, Cologne.
Private collection, Rhineland (inherited from the above).

LITERATURE: Magdalene Claesges, Ernst Wilhelm Nay. Catalogue Raisonné. Watercolors - Gouaches - Drawings, Vol. 3: 1954-1968, Berlin 2018, Cat. No. 59-042 (illustrated in color).
- -
Jean Cassou, Nay - Aquarelle, Cologne 1969, p. 29.

Called up: June 7, 2025 - ca. 17.09 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Ernst Wilhelm Nay "Ohne Titel"
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 7 % is levied to the sum of hammer price and premium.

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.

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