Sale: 547 / Modern Art Day Sale, Dec. 09. 2023 in Munich Lot 469


469
Lyonel Feininger
Wolken IV, 1934.
Watercolor and India ink
Estimate:
€ 20,000 - 30,000

 
$ 21,000 - 31,500

+
Wolken IV. 1934.
Watercolor and India ink.
Lower left signed and titled, lower right dated. On Ingres laid paper (with watermark). 31 x 47 cm (12.2 x 18.5 in), size of sheet.
[AR].
• Perfect interplay of graphic lines and pointed color accents.
• Abstract clouds over a calm sea are among Feininger's central motifs.
• He spent the spring and summer of 1934 in Mrzezyno on the Baltic Sea, shortly after the Bauhaus closed and the National Socialists came to power.
• Exhibited in Berlin and the USA during the artist's lifetime.
• Privately owned for 43 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 under the number 1886-10-30-23. Accompanied by the certificate.

PROVENANCE: Julia Feininger, New York.
Private collection.
Galleria Castelnuovo, Ascona.
Private collection Soutern Germany (acquired from the above in 1980).

EXHIBITION: Lyonel Feininger - Sonderausstellung: Neue Aquarelle, Kohlezeichnungen und Federzeichnungen, Galerie Ferdinand Möller, Berlin, Febr.-March 1935, no. 53
2nd Feininger Exhibition 1937: 35 New Paintings, 130 Drawings and Prints by Lyonel Feininger, Mills College Art Gallery, Oakland, June 27 - August 7, 1937 (no. 39 on trasnport list).

LITERATURE: Hans Schulz-Vanselow, Lyonel Feininger und Pommern, Kiel 1999, p. 252.

"I have just come up from the beach, where I was drawing [..] the clouds above the water [..], a whole continent of storm clouds [..]. The water lay completely still [..]. I feel so many images emerging in me, I have such a longing for the realization of these visions [..]."
Lyonel Feininger, Sept. 9, 1922, in a letter to Julia Feininger. Quoted from: Werner Timm, Feininger an der Ostseeküste, in: Roland März (ed.), Lyonel Feininger. Von Gelmeroda nach Manhattan, Berlin 1998, p. 305.

Called up: December 9, 2023 - ca. 19.04 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Lyonel Feininger "Wolken IV"
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.