Lot 373
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Raumbeispiel
373
Otto Pippel
Kaffeegarten in München, Um 1910/20.
Oil on canvas
Estimate:
€ 15,000 - 20,000
$ 15,750 - 21,000
Kaffeegarten in München. Um 1910/20.
Oil on canvas.
Lower right signed. With the artist's label on the reverse, there inscribed "Kaffee Regina [..] Hotel in München". 60.5 x 71 cm (23.8 x 27.9 in).
PROVENANCE: Private collection Great Britain.
Called up: December 9, 2023 - ca. 15.07 h +/- 20 min.
Oil on canvas.
Lower right signed. With the artist's label on the reverse, there inscribed "Kaffee Regina [..] Hotel in München". 60.5 x 71 cm (23.8 x 27.9 in).
PROVENANCE: Private collection Great Britain.
Called up: December 9, 2023 - ca. 15.07 h +/- 20 min.
Following his first Munich exhibitions around 1912, Pippel's paintings, created with a loose gesture and an impasto application of the colors, became increasingly popular among art lovers. In the following years, he created an extensive oeuvre in which he repeatedly brought the atmospheric mood of light to the fore. Pippel was one of the most important southern German second-generation Impressionists. When Pippel traveled to Paris to complete his studies in 1908, he was encouraged to develop his light and impression painting by the French Impressionists. He became a member of the "Luitpold Group" and exhibited for the first time at the Glaspalast in Munich in 1912. In addition to numerous landscapes, Otto Pippel repeatedly portrayed Munich's bourgeois society in his paintings, of which he was a part himself. Glamorous pleasures at the respective locations of Munich’s high society, dances, concerts and soirées characterize his repertoire of motifs. In the present work he shows the garden of the luxurious Regina Palace Hotel on Maximilianstrasse in Munich, opened in 1908, which became a society hub with its events, balls and concerts in the 1920s. [KT]
373
Otto Pippel
Kaffeegarten in München, Um 1910/20.
Oil on canvas
Estimate:
€ 15,000 - 20,000
$ 15,750 - 21,000
Buyer's premium, taxation and resale right compensation for Otto Pippel "Kaffeegarten in München"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation, artist‘s resale right compensation is due.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.
Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.
The artist‘s resale right compensation is VAT-exempt.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.
Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.
The artist‘s resale right compensation is VAT-exempt.