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Sale: 487 / Modern Art II, June 08. 2019 in Munich Lot 117001899

 
Lot description
Dünengelände I. 1937.
Watercolor and ink brush.
Signed in lower right and inscribed "3740" in pencil by a hand other than that of the artist. Verso titled and inscribed "68/48". On wove paper by PM Fabriano. 50 x 70 cm (19.6 x 27.5 in) , the full sheet. [EH].

The watercolor is registered at the Karl and Emy Schmidt-Rottluff Foundation.

PROVENANCE: Private Collection South Germany.

EXHIBITION: Westdeutscher Künstlerbund / W. Rupprecht / E. Stammbach / F. Lenk - F. Masereel / E. Nolde / "Den-Frie" / O. Dix / Chr. Landenberger / K. Schmidt-Rottluff / A. Mueller - P. J. Schober / Christmas Exhibition, Württembergischer Kunstverein, Stuttgart October 6 - 28, 1951, cat. no. 48.

117001899
Karl Schmidt-Rottluff
Dünengelände I, 1937.
Watercolor
Estimate:
€ 18,000 - 24,000

 
$ 20,340 - 27,120

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Buyer's premium, taxation and resale right apportionment for Karl Schmidt-Rottluff "Dünengelände I"
This lot can be purchased subject to differential 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.
Karl Schmidt-Rottluff - lots sold by Ketterer Kunst