Sale: 502 / Modern Art II, July 18. 2020 in Munich Lot 120000020

 
120000020
Ernst Wilhelm Nay
Drei Kreuze (Taunus), 1939.
Watercolor
Estimate:
€ 12,000 - 15,000

 
$ 13,680 - 17,100

+
Lot description
Drei Kreuze (Taunus). 1939.
Watercolor over pencil.
Claesges 39-006. Signed and dated in lower left. On laid paper. 48.5 x 63.2 cm (19 x 24.8 in), the full sheet. [SM].

PROVENANCE: Collection Günther Franke, Munich.
Private collection Berlin.
Private collection Brandenburg.

EXHIBITION: Ernst Wilhem Nay, Galerie Günther Franke, Munich, 1946, cat. no. 85.

 


Buyer's premium, taxation and resale right apportionment for Ernst Wilhelm Nay "Drei Kreuze (Taunus)"
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.