Sale: 554 / Modern Art Day Sale, June 08. 2024 in Munich Lot 430


430
Hermann Max Pechstein
Seeufer mit Bäumen und Häusern, 1931.
Watercolor
Estimate:
€ 20,000 - 30,000

 
$ 21,400 - 32,100

+
Seeufer mit Bäumen und Häusern. 1931.
Watercolor.
Signed and dated in lower left. On wove paper (with embossing stamp), fully laid on a backing board. 49.8 x 62.2 cm (19.6 x 24.4 in), the full sheet. Backing board: 54,5 x 65,7 cm (21,5 x 25,9 in).
[CH].
• Last paradise: Pechstein spent the summers between 1927 and 1933 in Rowe, former Pomerania, before the dramatic political developments that soon followed.
• An expression of a particular lifestyle: Pechstein found great happiness in a simple and original life.
• Pechstein shows the forested shore of Lake Gard with its sunlit trees and the fishermen's cottages in fresh and cool colors.
• International success: in the year of its creation, some of the artist's works featured in the exhibition "German Painting and Sculpture" at the Museum of Modern Art in New York and in the "30th International Exhibition of Paintings" at the Carnegie Institute, Pittsburgh
.

PROVENANCE: Private collection Munich.
Private collection Baden-Württemberg (inherited from the above).

"Max and Marta rented such a small hut. They slept on straw sacks and, contrary to the situation in Leba, had to provide for themselves, so Marta had 'plenty of work to do'. The accommodation was in an idyllic location: 'Its just 100 steps from the house to the lake. [..] I can see the waves crashing on the beach from my window. The 'old beech forests that go down to all the way to the shoreline' have a particularly primeval charm."
Aya Soika, Max Pechstein. Das Werkverzeichnis der Ölgemälde, vol. 1, Munich 2011, p. 79, with a quotefrom Hermann Max Pechstein, letter from Rowe to E. and M. Plietzsch, July 5, 1927, Altonaer Museum, Hamburg.

Called up: June 8, 2024 - ca. 17.40 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Hermann Max Pechstein "Seeufer mit Bäumen und Häusern"
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.