Sale: 500 / Evening Sale, July 17. 2020 in Munich Lot 120000820

 
120000820
Emil Nolde
Marschlandschaft, Um 1935.
Watercolor
Estimate:
€ 60,000 - 80,000

 
$ 68,400 - 91,200

+
Lot description
Marschlandschaft. Um 1935.
Watercolor.
Barely legibly signed in lower right. On delicate Japon. 25 x 14.7 cm (9.8 x 5.7 in), the full sheet [CH].

• Subtle combination of delicate drawing and a planar expressive play of colors
• Atmospheric celestial composition in blazing red and night blue
• Unusual format
.
Accompanied by a written confirmation from Prof. Dr. Martin Urban, former director of the Foundation Seebüll Ada and Emil Nolde, from September 8, 1990 (in copy). The work is registered at the Foundation Seebüll Ada and Emil Nolde.

PROVENANCE: Private collection Southern Germany.

 


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Buyer's premium, taxation and resale right apportionment for Emil Nolde "Marschlandschaft"
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.