21 June 2012
PROPERTY FROM THE ESTATE OF ERNST BEYELER TO BENEFIT THE ACQUISITION AND EXHIBITION PROGRAMME OF THE FONDATION BEYELER
Max Liebermann (1847-1935)
Reiter am Strand
signed 'M Liebermann' (lower right)
black crayon on paper
10¾ x 13¾ in. (27.2 x 34.9 cm.)
Heinrich Stinnes, Cologne.
August Klipstein, Bern, by whom acquired between 1939 and 1945 (with
his collection stamp L.2373a on the reverse).
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This work will be included in the Max Liebermann Catalogue raisonné of pastels, watercolours and gouaches currently being prepared by Dr. Margreet Nouwen.
VAT rate of 5% is payable on hammer price and at 20% on the buyer's premium.
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