Sale: 547 / Modern Art Day Sale, Dec. 09. 2023 in Munich Lot 466


466
Karl Schmidt-Rottluff
Zwei Ruderboote am Steg, 1934.
Watercolor and ink brush
Post auction sale: € 40,000 / $ 42,000
+
Zwei Ruderboote am Steg. 1934.
Watercolor and ink brush.
Signed in lower left. On firm off-white wove paper. 50 x 70 cm (19.6 x 27.5 in), the full sheet. [CH].


• In the remote village of Rumbke on Lake Leba on the Pomeranian Baltic Sea, Schmidt-Rottluff found peace and inspiration in the summers of the 1930s, far away from the catastrophic political events and unrest.
• In its finely modulated, atmospheric colors and lively freshness, our large-format watercolor contradicts Schmidt-Rottluff's difficult professional and social position as an artist ostracized by National Socialist art policy.
• As early as 1933, his works were defamed as "degenerate", removed from German museums and ridiculed in the "Degenerate Art" exhibition in Munich in 1937, a year before the watercolor was created.
• It was precisely in these years that Schmidt-Rottluff found new creative strength in the watercolor technique he had mastered since his beginnings.
• In 1989, this watercolor was part of the important retrospective at the Städtische Galerie im Lenbachhaus in Munich and at the Kunsthalle Bremen.
• In the same year, he created the closely related painting "Sommerabend am See" (Summer Evening by the Lake, today in the Kunstsammlungen Chemnitz)
.

The watercolor is documented in the archiv of the Karl and Emy Schmidt-Rottluff Foundation, Berlin.

PROVENANCE: Kulturkreis im Bundesverband der Deutschen Industrie e. V.
Private collection Northern Germany (acquired in 1995).

EXHIBITION: Karl Schmidt-Rottluff. Retrospektive, Kunsthalle Bremen, July 16 - September 10, 1989; Städtische Galerie im Lenbachhaus, Munich, September 27 - December 3, 1989, cat. no. 288 (titled "Kähne am Steg", black-and.white illu.).
Städtische Kunsthalle Mannheim (permanent loan, until 1994).

LITERATURE: Villa Grisebach Auktionen, Berlin, 47th auction, Kunst des 19. und 20. Jahrhunderts, November 25, 1995, lot 224 (color illu.).




466
Karl Schmidt-Rottluff
Zwei Ruderboote am Steg, 1934.
Watercolor and ink brush
Post auction sale: € 40,000 / $ 42,000
+


Buyer's premium, taxation and resale right compensation for Karl Schmidt-Rottluff "Zwei Ruderboote am Steg"
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.