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Sale: 489 / Art of the 20/21 Century I, June 07. 2019 in Munich Lot 118002286

Lot description
Frauenporträt - Johanna Schiefler. 1920.
Signed in lower left. On Japon. 48.8 x 35.5 cm (19.2 x 13.9 in) , the full sheet.

Accompanied by a photo expertise issued by Prof. Dr. Manfred Reuther on April 1, 2013. The watercolor is registered at the Ada and Emil Nolde Foundation, Seebüll.

PROVENANCE: Private collection Switzerland.
Krümmer fine art, Hamburg.
Private collection Southen Germany (acquired from aforementioned).

LITERATURE: Galerie Kornfeld, Bern/ Switzerland June 15, 2012, lot 114.

Emil Nolde
Frauenporträt - Johanna Schiefler, 1920.
€ 70,000 - 90,000

$ 79,100 - 101,700


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Buyer's premium, taxation and resale right apportionment for Emil Nolde "Frauenporträt - Johanna Schiefler"
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.
Emil Nolde - lots sold by Ketterer Kunst