Sale: 487 / Modern Art II, June 08. 2019 in Munich Lot 750

 
750
Edward Cucuel
Die grüne Bank, Um 1920.
Oil on canvas
Post auction sale: € 15,000 / $ 16,950
Lot description
Die grüne Bank. Um 1920.
Oil on canvas.
Signed in lower left. Verso of the canvas signed and titled. 39.2 x 48.9 cm (15.4 x 19.2 in).

We are grateful to Mr Wolfgang Schüller, Munich, for his kind expert advice.

PROVENANCE: The artist's estate.
Collection of Gitta Cucuel, the artist's daughter.
Private Collection Berlin (obtained from the above in ca. 1980).
Private Collection North Rhine-Westphalia (by descent from the above in 1994).

 


Buyer's premium, taxation and resale right apportionment for Edward Cucuel "Die grüne Bank"
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.