FRANZ ERHARD WALTHER (B. 1939)
(i) Zentralbau
(ii) Gegenwärtige Wechselbeziehung
(i) titled 'ZENTRALBAU' (centre), signed and dated 'Walther 66/70' (lower right); signed and dated 'Walther 66/70' (on the reverse)
(ii) signed and dated 'Walter 71/72' (lower right); signed and dated 'Walter 71/72' (on the reverse)
(i) watercolour and pencil on paper
(ii) gouache, watercolour, ink and pencil on paper
each: 21 x 29.5cm.
(i) Executed in 1966-1970
(ii) Executed in 1971-1972

each: Private Collection, Switzerland (acquired directly from the artist in 1989).
Thence by descent to the present owner.

This lot is offered without reserve.
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.
If a lot is marked ‘!’, it will have a special VAT status (special margin scheme) and will be subject to higher rates as follows: A ‘!’ lot is imported from outside the EU. VAT will be charged at 21% on the buyer’s premium and invoiced inclusively. A consolidated import VAT rate of 10.2% will also be charged and calculated on the hammer price. For each lot the total buyer’s premium plus applicable VAT which will be payable in addition to the hammer price is calculated as 41.66 % of the hammer price up to a value of € 700,000. For a lot which sells above € 700,000 the calculation is as follows: 41.66 % of the hammer price up to a value of €700,000, plus 34.40% of the hammer price between €700,001 to €4,000,000, plus 27.75% of any amount in excess of €4,000,001
Please note this lot is the property of a consumer. See H1 of the Conditions of Sale.