Sale: 547 / Modern Art Day Sale, Dec. 09. 2023 in Munich Lot 409


409
Karl Hofer
Herbstblumen, 1917.
Oil on canvas
Estimate:
€ 40,000 - 60,000

 
$ 42,000 - 63,000

+
Herbstblumen. 1917.
Oil on canvas.
Lower left monogrammed (in ligature). Titled "Herbstblumen II" (by a hand other than that of the artist ?) on a label on the reverse. 100.5 x 70 cm (39.5 x 27.5 in).

• One of the rare flower still lifes from Hofer's early creative period.
• Shown at Ludwig Schames in Frankfurt a.M. as early as 1918.
• This work has not been offered on the auctionmarket for nearly 50 years.
• The turquoise cloth reveals the influence of Cezanne
.

PROVENANCE: Kunstsalon L. Schames, Frankfurt am Main
Ethel Iverson Collection, London
Private collection Northern Germany (presumably acquired in1975, ever since family-owned).

EXHIBITION: Carl Hofer. Martha Wolff, Kunstsalon Ludwig Schames, Frankfurt a. Main 1918, no. 7 (titled: "Blumenstrauß").

LITERATURE: Karl Bernhard Wohlert (editor), Hans M.Eisbeis (publisher), Karl Hofer. Catalogue raisonné of paintings, vol. 2, Cologne 2007, no. 316, p. 69, fig.

Sotheby's, London, November 25, 1964, lot 366, fig.
Lempertz, Cologne, auction 482, May 20, 1965, p. 67, no. 384, fig. plate 4.
Christie's, London, June 28, 1968, lot 32.
Park Bernet Galleries. New York, November 19, 1969, lot 44.
Karl & Faber, Munich, auction 136, November 23/24, 1973, p. 130, lot 874, fig. plate 3.
Ketterer Kunst, Munich, Moderne Kunst, auction 15, lot 720, fig.

Called up: December 9, 2023 - ca. 17.43 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Karl Hofer "Herbstblumen"
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.