Sale: 554 / Modern Art Day Sale, June 08. 2024 in Munich Lot 484


484
Emil Nolde
Sonnenblumen und Fuchsschwanz, Ca. 1940.
Watercolor
Estimate:
€ 60,000 - 80,000

 
$ 64,200 - 85,600

+
Sonnenblumen und Fuchsschwanz. Ca. 1940.
Watercolor.
Signed in lower right. On Japan paper. 47 x 36.5 cm (18.5 x 14.3 in), the full sheet.
[SM].
• Part of the same family collection for 60 years.
• Dense and at the same time fascinating composition in subtly balanced colors.
• The flower arrangements are among the most sought-after subjects in the artist's oeuvre
.

PROVENANCE: Stuttgarter Kunstkabinett Roman Norbert Ketterer, May 3 and 4, 1961, 36th auction, lot 375.
Galerie Wilhelm Großhennig, Düsseldorf.
Private collection North Rhine-Westphalia (since 1962)
family-owned ever since.

“The sunflowers are so large that I stand among them with my head all the way back and gratefully admire their beauty [..] colors barely imaginable radiate, and the scent of the mignonettes wafts all the way into the house.”
Emil Nolde, letter to Hans Fehr, September 20, 1928

Called up: June 8, 2024 - ca. 18.50 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Emil Nolde "Sonnenblumen und Fuchsschwanz"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.

Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.

The artist‘s resale right compensation is VAT-exempt.