Sale: 522 / Modern Art II, Dec. 11. 2021 in Munich Lot 451

 

451
Paul Kleinschmidt
Wassernixe, 1940/1948.
Oil on canvas
Estimate:
€ 20,000 - 30,000

 
$ 23,200 - 34,800

+
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).

Called up: December 11, 2021 - ca. 18.08 h +/- 20 min.




 

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 price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.

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

Resale right apportionment:
In accordance with §26 of German Copyright Act, a droit de suite charge of 2.4% including VAT is levied for original artworks and photographs for the compensation of the statutory right of resale.