Sale: 522 / Modern Art II, Dec. 11. 2021 in Munich Lot 404

 

404
Gustav Klimt
Im Lehnstuhl Sitzende von vorne, Um 1904.
Brown Chalk drawing
Estimate:
€ 20,000 - 30,000

 
$ 23,200 - 34,800

+
Im Lehnstuhl Sitzende von vorne. Um 1904.
Brown Chalk drawing.
Strobl 1299. Bottom right with the estate stamp (strongly faded). On brownish packing paper. 45 x 31.8 cm (17.7 x 12.5 in), size of sheet.

• Brown chalk is very rare in Klimt's oeuvre.
• Klimt examined the constant line in studies from these days.
• The study must be seen in context of the portrait "Margaret Stonborough-Wittgenstein" (Neue Pinakothek, Munich)
.

PROVENANCE: From the artist's estate (with the stamp)
Private collection Vienna.
Christie's, London, October 19, 1997, lot 115.
Private collection Switzerland.
Private collection Southern Germany.

EXHIBITION: Yvonne Tan Bunzl Gallery, London.

LITERATURE: Hermann Bahr, Gustav Klimt - 50 Handzeichnungen, Leipzig 1922.

Called up: December 11, 2021 - ca. 17.05 h +/- 20 min.




 

Buyer's premium, taxation and resale right apportionment for Gustav Klimt "Im Lehnstuhl Sitzende von vorne"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
In accordance with §26 of German Copyright Act, a droit de suite charge of 2.4% including VAT is levied for original artworks and photographs for the compensation of the statutory right of resale.