Sale: 554 / Modern Art Day Sale, June 08. 2024 in Munich Lot 467


467
Lotte Laserstein
Porträt Katharina und Anne-Marie Riedl, Ca. 1932.
Oil on panel
Estimate:
€ 40,000 - 60,000

 
$ 42,800 - 64,200

+
Porträt Katharina und Anne-Marie Riedl. Ca. 1932.
Oil on panel.
Signed in the upper right. 65 x 50 cm (25.5 x 19.6 in).

• Lotte Laserstein is considered one of the most important German painters of the 20th century.
• A striking double portrait with an extraordinary presence that is characteristic of the artist's work.
• From today's perspective, the paintings created in Berlin between 1927 and 1933 represent the pinnacle of her oeuvre.
• A major solo exhibition is on display at the Moderna Museet in Stockholm until April 2024 and her works are also shown at the Leopold Museum in Vienna until September 2024
.

PROVENANCE: Family-owned since the work was made.

Lotte Laserstein - a name to remember. The artist is one among the very best of the younger generation of painters. It wil be interesting to follow her brilliant career."
Berliner Tageblatt, 1929

Called up: June 8, 2024 - ca. 18.29 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Lotte Laserstein "Porträt Katharina und Anne-Marie Riedl"
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.