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Sale: 466 / Modern Art II, June 07. 2018 in Munich Lot 75

Lot description
Tauentzienpalast. 1918.
Hofmaier 159 A (of B b). Signed and titled. One of two trial proofs before the edition. On wove paper. 27.3 x 19.5 cm (10.7 x 7.6 in). Sheet: 51,3 x 34,7 cm ( 20,1 x 13,6 in).

Rare trial proof from the Collection R. Piper.

PROVENANCE: Collection Piper, Munich (verso with collector's stamp and with the hand-written number "G.130" in lower left).
Karl & Faber, June 29/30, 1981, auction 156 (Collection R. Piper), lot 230 (with illu.).
Private collection USA.

Max Beckmann
Tauentzienpalast, 1918.
Post auction sale: € 12,000 / $ 14,400

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Buyer's premium, taxation and resale right apportionment for Max Beckmann "Tauentzienpalast"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Max Beckmann - lots sold by Ketterer Kunst