Sale: 487 / Modern Art II, June 08. 2019 in Munich Lot 792

 
792
Emil Nolde
Männerbildnis mit dunkelrotem Haar, Neuguinea, 1914.
Watercolor
Post auction sale: € 28,000 / $ 31,640
Lot description
Männerbildnis mit dunkelrotem Haar, Neuguinea. 1914.
Watercolor , opaque white and pen drawing.
On rice paper. 50 x 38 cm (19.6 x 14.9 in) , size of sheet.

Accompanied by a photo expertise issued by Prof. Dr. Manfred Reuther, Klockries, from May 8, 2019. The work is registered at the archive with the number "Nolde A - 132/2019".

PROVENANCE: Private collection Northern Germany.

792
Emil Nolde
Männerbildnis mit dunkelrotem Haar, Neuguinea, 1914.
Watercolor
Post auction sale: € 28,000 / $ 31,640
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Buyer's premium, taxation and resale right apportionment for Emil Nolde "Männerbildnis mit dunkelrotem Haar, Neuguinea"
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.