Sale: 555 / 19th Century Art, June 08. 2024 in Munich Lot 370


370
Otto Pippel
Münchner Kaffeegarten, Um 1915/1920.
Oil on canvas
Estimate:
€ 15,000 - 20,000

 
$ 16,050 - 21,400

+
Münchner Kaffeegarten. Um 1915/1920.
Oil on canvas.
Signed in lower right. Signed, inscribed "Planegg bei München" and titled on the reverse. 107 x 96 cm (42.1 x 37.7 in).


• The cafe garden is one of the most popular motifs of the important Southern German Impressionist.
• An impressive, particularly large-format scene painted in the characteristic loose and impasto style.
• In his paintings, Pippel portrays the pleasures of Munich's elegant society
.

PROVENANCE: Private collection Northern Germany (family-owned since 1961).

Called up: June 8, 2024 - ca. 15.34 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Otto Pippel "Münchner Kaffeegarten"
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.