Sale: 502 / Modern Art II, July 18. 2020 in Munich Lot 120000891

 
120000891
Hermann Max Pechstein
Blumenstrauss, 1927.
Oil on canvas
Estimate:
€ 40,000 - 60,000

 
$ 45,600 - 68,400

+
Lot description
Blumenstrauss. 1927.
Oil on canvas.
Signed (in ligature) and dated in lower right. Verso signed, titled and inscribed "HM Pechstein (in ligature ) Berlin W.62 Kurfürstenstr. 126 -Blumenstrauss-". 121 x 91 cm (47.6 x 35.8 in). [SM].

• Summerly bouquet in gaudy colors
• Consistent provenance, as it has always been family-owned
• For teh first time of the international art market
• Early exhibition at "Deutsche Kunstgemeinschaft" at Berlin Palace
.

Accompanied by an art-historical expertise issued by Dr. Aya Soika in March 2020. The paintimg is listed in the archive of the Max Pechstein copyright association and in the archive of the author of the catalog raisonné with the number 1927/1 B.

PROVENANCE: Dr. Helmut Orthmann, Berlin (since 1928).
Private collection Northern Germany (inherited from aforementioned).

EXHIBITION: Deutsche Kunstgemeinschaft, November 1928 (with a stamp on the stretcher).

 


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Buyer's premium, taxation and resale right apportionment for Hermann Max Pechstein "Blumenstrauss"
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 1.5% plus statutory sales tax.