Sale: 563 / Modern Art Day Sale, Dec. 07. 2024 in Munich Lot 247


247
Karl Schmidt-Rottluff
Waldrand am Taunus, 1963.
Watercolor
Estimate:
€ 20,000 - 30,000

 
$ 22,000 - 33,000

+
Waldrand am Taunus. 1963.
Watercolor.
Signed lower right. Stamped lower left with the work number “6345”. Titled on the reverse. On wove paper. 50.2 x 70.5 cm (19.7 x 27.7 in), the full sheet.
[MH].

• Particularly vibrant and expressive landscape depiction with a pictorial effect.
• Impressive visualization of his artistic principle: the combination of line and autonomous forms as an aesthetic ideal.
• The great Expressionist rendered the composition with bold contours, a contrasting palette and dynamic ease
.

The watercolor is documented in the archive of the Karl and Emy Schmidt-Rottluff Foundation.

PROVENANCE: Private collection, Bavaria.
Private collection, Lower Saxony (since 1996, gifted from the above).
Private collection, Rhineland-Palatinate (since 2018, inherited from the above).

Called up: December 7, 2024 - ca. 15.22 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Karl Schmidt-Rottluff "Waldrand am Taunus"
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.