Sale: 563 / Modern Art Day Sale, Dec. 07. 2024 in Munich Lot 211

 

211
Alfred Kubin
Chinesisches Grabmal, 1905/06.
Glue, Watercolor and gouache
Post auction sale: € 25,000 / $ 27,500
+
Chinesisches Grabmal. 1905/06.
Glue, Watercolor and gouache.
Signed lower left. On wove paper. 25.6 x 36.1 cm (10 x 14.2 in), the full sheet.
[MH].

• Alfred Kubin was a great master of Symbolism and surreal imagery.
• An excellent composition that showcases Kubin's graphic gift.
• Drawings of comparable quality can be found in significant international collections, such as the Museum of Modern Art, New York, the Leopold Museum, Vienna, the Albertina, Vienna, and the Städtische Galerie im Lenbachhaus, Munich
.

The authenticity of the work was confirmed by Dr. Annegret Hoberg, Munich.

PROVENANCE: Presumably Galerie Valentien, Stuttgart (presumably 1930, with a handwritten note on the reverse).
Heinrich Stinnes Collection, Cologne (before 1932, with a stamp on the reverse, Lugt 1376 d).
Heinrich Stinnes Estate (1932-1974: Galerie Wolfgang Ketterer).
Paul Flora Collection, Innsbruck.
Private collection, Austria (since May 17, 2004).

LITERATURE: Galerie Wolfgang Ketterer, Munich, auction 11, 19th and 20th Century Art, May 27-29, 1974, lot 1062 (illustrated in b/w).




211
Alfred Kubin
Chinesisches Grabmal, 1905/06.
Glue, Watercolor and gouache
Post auction sale: € 25,000 / $ 27,500
+

 

Buyer's premium, taxation and resale right compensation for Alfred Kubin "Chinesisches Grabmal"
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.