Sale: 547 / Modern Art Day Sale, Dec. 09. 2023 in Munich Lot 445


445
Karl Hofer
Mädchenporträt, Um 1920.
Oil on copper plate
Estimate:
€ 40,000 - 60,000

 
$ 42,000 - 63,000

+
Mädchenporträt. Um 1920.
Oil on copper plate.
Monogrammed in lower right. 40 x 34.5 cm (15.7 x 13.5 in).

During the occupation of the Netherlands from 1940 to 1945, the picture, alomngside other works from the collection, was hidden at the Stedelijk Museum in Amsterdamby by its director Sandberg. [AW].
Radically modern aesthetics: a clear, reduced composition in flat, bright colors.
• Expressive portrait with an engaging clear look from the best creative period.
• In his portraits, Hofer impressively succeeded in visualizing the individual fate of those depicted, while he also takes the pictorial content to a universal level.
• Family-owned for almost 100 years
.

PROVENANCE: Das Kunsthaus Herbert Tannenbaum, Mannheim.
William (Dr. Wilhelm) Landmann Collection (1891-1987), Mannheim/Amsterdam/Toronto (acquired from the above in the early 1920s).
Martin Landmann Collection (1923-2021), Vancouver, Canada (obtained from the above in 1953).
Ever since family-owned.

EXHIBITION: Stedelijk Museum, Amsterdam (July 1939-1946 as loan from the Landmann Collection).
European sculpture and painting from the collection of William Landmann, Art Gallery of Ontario, Toronto, October 18 - November 17, 1946.
European Paintings, Art Gallery of Toronto, 1962 (fig. p. 4).
Für die Kunst! Herbert Tannenbaum und sein Kunsthaus. Ein Galerist – seine Künstler, seine Kunden, sein Konzept, Reiß-Museum der Stadt Mannheim, September 11, 1994 - January 8, 1995, cat. no. 179 (fig.).

LITERATURE: Karl Bernhard Wohlert, Karl Hofer. Catalogue raisonné of paintings, vol. 2, ed. by Markus Eisenbeis, Cologne 2007, no. 402 (fig.).
Documents on the storage / loan from the Landmann Collection, archiev of Stedelijk Museum Amsterdam, folder 707.
Documents on the storage / loan from the Landmann Collection, archiev of Stedelijk Museum Amsterdam, folder 698, p. 18, no. 601.
Exhibition list from 1946, archive of Art Gallery of Ontario, Toronto.
Collection inventory (file card) of Landmann Collection, privately owned.
Paul Duval, German, Mexican and American Art Shows Varied National Characteristics, in: Saturday Night, vol. 62, no. 8, October 26, 1946, Toronto, pp. 2f. (fig.).

Called up: December 9, 2023 - ca. 18.34 h +/- 20 min.





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