Sale: 554 / Modern Art Day Sale, June 08. 2024 in Munich Lot 500

 

500
Maurice Utrillo
Le Moulin de la Galette, Um 1915.
Oil on cardboard
Estimate:
€ 30,000 - 40,000

 
$ 32,100 - 42,800

+
Le Moulin de la Galette. Um 1915.
Oil on cardboard.
Signed in lower right. Titled "Moulin de la galette Rue Montmartre 18" and inscribed "M" in blue pen on the reverse. 45 x 60.5 cm (17.7 x 23.8 in).

• Utrillo is one of the most famous illustrators of the Montmatre in Paris.
• The Moulin de la Galette - the traditional and important entertainment venue on the Montmatre
• His clearly structured compositions represent a pioneering stance towards the concept of Impressionism.
• Paintings by Maurice Utrillo can be found in, among others, the Museum of Modern Art, New York, the Hiroshima Museum of Art, Hiroshima (Japan) and the Musee d'Orsay, Paris
.

Accompanied by photograph certificate issued by Hélène Bruneau, holder of the copyright of Maurice Utrillo and Suzanne Valadon, President of the Comité Utrillo-Valadon, dated April 19, 2024. The work will be included into the forthcoming edition of the catalogue raisonné.
We are grateful to Dr. Imke Gielen, Berlin, for her kind expert advice.

PROVENANCE: Das Kunsthaus Herbert Tannenbaum, Mannheim.
Otto Wachenheim Collection, Amsterdam/New York (acquired from the above in the 1920s, seized by the occupying forces from his private house in Amsterdam around 1944, returned in 1946 after Herbert Tannenbaum had located it, until 1969)
Helene Wachenheim Collection, New York (1969-1975).
Martin Landmann Collection (1923-2021), Vancouver, Canada (inherited from the above in 1975).

EXHIBITION: Für die Kunst! Herbert Tannenbaum und sein Kunsthaus. Ein Galerist – seine Künstler, seine Kunden, sein Konzept. Mannheim, Reiß-Museum 1994, cat. no. 297 and color illu on p. 83.

LITERATURE: Correspondence between Otto Wachenheim and the Stichting Nederlands Kunstbezit, 1950, Nationaal Archief The Hague, SNK no. 174.
Collection inventory (file card) of the Landmann Collection, privately owned.

Called up: June 8, 2024 - ca. 19.14 h +/- 20 min.

"Le Moulin de la Galette" has been one of the most popular bars in Montmatre since the middle of the 19th century. Parisians came to drink and dance. This tavern was also very popular with artists and is firmly anchored in our memories, not least through “Bal du moulin de la Galette” (Musée d'Orsay) by Pierre-Auguste Renoir, or “Le Moulin de la Galette”, 1900 (Guggenheim Museum, New York) by Pablo Picasso. Maurice Utrillo chose the calm morning for his painting and captured the place's poetic atmosphere in bright colors. As is typical of his painting, Utrillo did not focus on the hustle and bustle of the streets, instead he has the architecture tell the story: here the entrance gate to the Moulin de la Galette on the corner of Rue Girardon and Rue Lepic, which became the main entrance after the windmill was moved to this part of the property in 1915. [EH]



 

Buyer's premium, taxation and resale right compensation for Maurice Utrillo "Le Moulin de la Galette"
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.