Sale: 517 / Modern Art II, June 18. 2021 in Munich Lot 157

Paul Kleinschmidt
Wassernixe, 1940/1948.
Oil on canvas
Post auction sale: € 27,000 / $ 32,400
Lot description
Wassernixe. 1940/1948.
Oil on canvas.
Lipps-Kant 366. Monogrammed in upper left and monogrammed and dated in center right (scratched into wet paint). Verso of the stretcher dated, titled and inscribed "No 49". 100 x 65.5 cm (39.3 x 25.7 in).
Kleinschmidt began this work in La Varenne, France, in 1940. It remained in his possession until 1949. [CH].
• Family-owned for over seventy years.
• The artist depicts the toilet of a luscious modern woman behind the scenes of a cabaret or a dancehall, the main motif of his New Objectivity works, in his typical close-up perspective.
• Characteristic feamle portrait from the artist's later years.

PROVENANCE: From the artist's estate.
Reglindis Cuonz-Kleinschmidt (1949, the artist's daughter, verso with the stamp).
Private collection Baden-Württemberg (acquired from the estate of the above in 1949).
Private collection Baden-Württemberg (inherited from aforementioned in 1990).


Buyer's premium, taxation and resale right apportionment for Paul Kleinschmidt "Wassernixe"
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.