Sale: 512 / Modern Art II, Dec. 12. 2020 in Munich Lot 441

 
441
Karl Otto Hy
Anna, 1932.
Oil on canvas
Post auction sale: € 4,000 / $ 4,680
+
Lot description
Anna. 1932.
Oil on canvas.
Lower right signed and dated. Verso titled. Once more signed on the stretcher, as well as inscribed and with an address. 95 x 67.5 cm (37.4 x 26.5 in).
[KT].
• Fascinating interpretation of the portrait type in front of the window from old Dutch painting.
• The detailed painting style of the Old Masters and the clear lines of the room arrangement reveal Hy's further activity as graphic designer and architect
.

PROVENANCE: Private collection Hesse.
Private collection (2010 erworben).

EXHIBITION: Wiesbadener Künstler aus 3 Generationen, Stadthaus Klagenfurt, October 20 - November 14, 1980; Museum Wiesbaden, December 2, 1980 - January 18, 1981, cat. no. 38.
Magic Realism: Art in Weimar Germany 1919-33, Tate Modern, London, July 7, 2018 - July 14, 2019, p. 60 (with illu.).

LITERATURE: Ketterer Kunst, Munich, Seitenwege der Deutschen Avantgarde, auction on December 3, 2008, lot 43 (with illu.).

 


Buyer's premium, taxation and resale right apportionment for Karl Otto Hy "Anna"
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.