Paul Maenz, Cologne. Achenbach Kunsthandel, Dusseldorf. Acquired from the above by the present owner in 1989.
Marseille, Galerie Roger Pailhas, Walter Dahn, 1987. Munich, HypoArt London, 1990.
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
21% VAT applies to both the hammer price and the buyer’s premium. The buyer’s premium is calculated for each lot as 25% of the hammer price up to a value of €200,000, plus 20% of the hammer price between €200,001 to €2,500,000, plus 13.5% of any amount in excess of €2,500,001.
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