Sale: 591 / Day Sale, June 07. 2025 in Munich button next Lot 152

 

152
Karl Hofer
Zeitungslesende junge Frau, 1953.
Oil on canvas
Estimate:
€ 30,000 - 40,000

 
$ 33,900 - 45,200

+
Zeitungslesende junge Frau. 1953.
Oil on canvas.
Monogrammed and dated in the lower left corner. Inscribed “Hamburg” on the reverse of the canvas. 100.2 x 65.1 cm (39.4 x 25.6 in). [AW].

• Hofer's portraits of enigmatic women are among the artist's most compelling creations.
• Exhibited during the artist's lifetime in 1953.
• Subtly balanced colors in Karl Hofer's typically minimalist style.
• Formerly part of the collection of Walter Farmer (1911-1997), “Monuments Man” and director of the Central Collecting Point in Wiesbaden.
• Part of the same private collection for 50 years
.

PROVENANCE: Walter Farmer and Renate Hobkirk Collection, Cincinnati (acquired from the artist in 1953/54).
Renate Hobkirk Collection, Spain/Germany (1960s).
Private collection, Canada (acquired from the above in 1975).

EXHIBITION: Karl Hofer anlässlich seines 75. Geburtstages, Hochschule für bildende Künste, Berlin, Sep. 12–Oct. 15, 1953, cat. no. 180 (“Lesendes Mädchen” [Girl Reading], with the exhibition label on the reverse of the stretcher).
Modern Art in Revolution 1900-1956, Cincinnati Art Museum, Ohio, May 19-June 17, 1956 (with the exhibition label on the reverse of the stretcher).

LITERATURE: Karl Bernhard Wohlert (ed.), Markus Eisenbeis (ed.), Karl Hofer. Catalogue raisonné of paintings, vol. 3, Cologne 2007, catalog no. 2579 (illustrated in black-and-white).
-
Kunsthaus Lempertz, Cologne, 549th auction, December 5, 1975, lot 327 (illustrated in black and white on plate 9).
The Annual Art Sales Index, 1975/76, p. 372.

Called up: June 7, 2025 - ca. 15.09 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Karl Hofer "Zeitungslesende junge Frau"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.

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.

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.

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