Sale: 502 / Modern Art II, July 18. 2020 in Munich Lot 371

Karl Hubbuch
Zwei Damen mit Hut, 1929/30.
Watercolor over pencil
€ 20,000 - 30,000

$ 22,800 - 34,200

Lot description
Zwei Damen mit Hut. 1929/30.
Watercolor over pencil.
Signed in lower right. On firm wove paper. 41 x 32.4 cm (16.1 x 12.7 in), the full sheet. [EH].

• Karl Hubbuch: an outstanding German representative of Verism and New Objectivity
• Expressive work from his best period of creation
• Hubbuchs realistic and raw female portraits are very sought-after on the art market
• This work was shown on the cover of the catalog "Karl Hubbuch - Arbeiten aus Privatbesitz", Karlsruhe 2001

We are grateful to Mrs Sylvia Bieber, Städtische Galerie Karlsruhe, for her kind support in cataloging this lot.

PROVENANCE: From the artist's estate.
Private collection Baden-Württemberg.

EXHIBITION: Karl Hubbuch - Arbeiten aus Privatbesitz, EnBW Kalsruhe, October 17 - December 15, 2001, on cover and on p. 81.

"Holding the mirror up to the world" Karl Hubbuch on the intention of his art, letter to Franz Roh, February 12, 1953.

Called up: July 18, 2020 - ca. 15.11 h +/- 20 min.


Buyer's premium, taxation and resale right apportionment for Karl Hubbuch "Zwei Damen mit Hut"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 2.4% including statutory sales tax.