Sale: 554 / Modern Art Day Sale, June 08. 2024 in Munich Lot 454

 

454
Edmund Daniel Kinzinger
Eisenbahnviadukt bei Pforzheim, 1912.
Oil on canvas
Post auction sale: € 10,800 / $ 11,664
+
Eisenbahnviadukt bei Pforzheim. 1912.
Oil on canvas.
Lower left monogrammed and dated. 54.5 x 68 cm (21.4 x 26.7 in). [AW].

• Master student of Adolf Hölzel at the Stuttgart Art Academy.
• Together with other Hölzel students such as Oskar Schlemmer and Willi Baumeister, he founded the group "Üecht" in 1919.
• Luminous, expressive urban landscape.
• In 1912, the year the work was made, he studied briefly at the Académie Moderne in Paris with Fernand Léger and Henri Matisse
.

PROVENANCE: Galerie Bayer, Bietigheim-Bissingen
Hermann-Josef Bunte Collection, Hamburg/Bielefeld.

EXHIBITION: Hermann Stenner und seine Zeit: "… dies Streben nach dem ganz Grossen etwas in der Kunst …", Kunstforum Hermann Stenner, Bielefeld, January 20 - August 18, 2019, cat. no. 97 (illu. on p. 162).
Die Sammlung Bunte. Expressionistische Meisterwerke des 20. Jahrhunderts, Ausstellungszentrum Gut Altenkamp, Papenburg, July 12 - Ocotber 25, 2020.




454
Edmund Daniel Kinzinger
Eisenbahnviadukt bei Pforzheim, 1912.
Oil on canvas
Post auction sale: € 10,800 / $ 11,664
+

 

Buyer's premium, taxation and resale right compensation for Edmund Daniel Kinzinger "Eisenbahnviadukt bei Pforzheim"
This lot can be purchased subject to differential 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.