Sale: 522 / Modern Art II, Dec. 11. 2021 in Munich Lot 471

 

471
Pablo Picasso
Femme au Chignon (1er état), 1957.
Lithograph
Estimate:
€ 20,000 - 30,000

 
$ 23,200 - 34,800

+
Femme au Chignon (1er état). 1957.
Lithograph.
Bloch 853. Signed and numbered. Print substrate dated "28.12.57". From an edition of 50 copies. On Arches wove paper (with the watermark). 55.3 x 43.5 cm (21.7 x 17.1 in). Sheet: 65 x 50 cm (25,5 x 19,6 in).

• Portrait of Jacqueline Roque, who became Picasso's wife in 1961.
• Picasso is a master of print techniques.
• Characteristic sheet in good condition
.

PROVENANCE: Private collection North Rhine-Westphalia.

Called up: December 11, 2021 - ca. 18.34 h +/- 20 min.




 

Buyer's premium, taxation and resale right apportionment for Pablo Picasso "Femme au Chignon (1er état)"
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.