Lot 503.50 
503.50
Max Peiffer Watenphul
Kanal in Venedig, 1947.
Oil on canvas
Post auction sale: € 10,800 / $ 11,340
Kanal in Venedig. 1947.
Oil on canvas.
Lower right monogrammed and dated. Numbered "12" in red on the reverse. 49 x 67 cm (19.2 x 26.3 in).
[KT].
• In 1946, Peiffer Watenphul fled to Venice, where he created his atmospheric depictions of the lagoon city.
• As a student at the Bauhaus in 1919, Peiffer Watenphul attended courses with Johannes Itten and became friends with Oskar Schlemmer, Wassily Kandinksy and Josef Albers.
• As early as 1920, he was signed by the famous gallery owner Alfred Flechtheim.
• Peiffer Watenphul's works can be found in, among others, the Museum Folkwang, Essen, the Bavarian State Painting Collections, Munich, and the Von der Heydt Museum, Wuppertal.
PROVENANCE:
Private collection USA.
Private collection Lower Saxony (acquired in 2020).
EXHIBITION:
Max Peiffer Watenphul, Galleria del Cavallino, July 31 - August 14, 1948 (illu.).
Max Peiffer Watenphul, Galleria d'Arte La Medusa, Naples, December 1 - 20, 1949 (illu.).
Gabriele Münter und Max Peiffer Watenphul, Central Collecting Point, Munich, 1952.
LITERATURE:
Grace Watenphul Pasqualucci, Alessandra Pasqualucci, Max Peiffer Watenphul. Catalogue raisonné, vol. 1: Gemälde - Aquarelle, Cologne 1989, no. G 379 (illu.; mentioned for 1948).
Bernhard Degenhart , Im Zeichen des Blauen Reiters. Ausstellungen Kubin, Münter und Peiffer Watenphul, in: Die Presse, July 5, 1952 (illu.).
Oil on canvas.
Lower right monogrammed and dated. Numbered "12" in red on the reverse. 49 x 67 cm (19.2 x 26.3 in).
[KT].
• In 1946, Peiffer Watenphul fled to Venice, where he created his atmospheric depictions of the lagoon city.
• As a student at the Bauhaus in 1919, Peiffer Watenphul attended courses with Johannes Itten and became friends with Oskar Schlemmer, Wassily Kandinksy and Josef Albers.
• As early as 1920, he was signed by the famous gallery owner Alfred Flechtheim.
• Peiffer Watenphul's works can be found in, among others, the Museum Folkwang, Essen, the Bavarian State Painting Collections, Munich, and the Von der Heydt Museum, Wuppertal.
PROVENANCE:
Private collection USA.
Private collection Lower Saxony (acquired in 2020).
EXHIBITION:
Max Peiffer Watenphul, Galleria del Cavallino, July 31 - August 14, 1948 (illu.).
Max Peiffer Watenphul, Galleria d'Arte La Medusa, Naples, December 1 - 20, 1949 (illu.).
Gabriele Münter und Max Peiffer Watenphul, Central Collecting Point, Munich, 1952.
LITERATURE:
Grace Watenphul Pasqualucci, Alessandra Pasqualucci, Max Peiffer Watenphul. Catalogue raisonné, vol. 1: Gemälde - Aquarelle, Cologne 1989, no. G 379 (illu.; mentioned for 1948).
Bernhard Degenhart , Im Zeichen des Blauen Reiters. Ausstellungen Kubin, Münter und Peiffer Watenphul, in: Die Presse, July 5, 1952 (illu.).
503.50
Max Peiffer Watenphul
Kanal in Venedig, 1947.
Oil on canvas
Post auction sale: € 10,800 / $ 11,340
Buyer's premium, taxation and resale right compensation for Max Peiffer Watenphul "Kanal in Venedig"
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.
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.