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Sale: 479 / Classics of the 20th Century I, Dec. 08. 2018 in Munich Lot 824

Lot description
Zwei Frauen mit Lautenspieler. 1940.
Oil on canvas.
Wohlert 1500. Lower left with monogram in ligature and date. 54 x 65 cm (21.2 x 25.5 in).

PROVENANCE: Private collection Northern Germany
Private collection Switzerland (acquired from aforementioned around 2003).

EXHIBITION: Kunst des 20. Jahrhunderts. Malerei aus Marburger Besitz - Malerei, Plasik, Zeichnung, University Museum Marburg (Lahn), August/September 1947.

LITERATURE: Richard Hamann, Original und Kopie, in: Marburger Jahrbuch für Kunstwissenschaften, 15.1949/50, p. 141 (illu.11), 142ff.
Frankfurter Rundschau, no. 236, October 10/11, 1953, p. 17 (illu.: Frauen u. Lautenspieler; with text).
"I never created my figuration guided by coincidence, which probably explains why I was not much touched by Impressionism and the ecstasy of Expressionism was not really my thing, either. Man and the humane always have and always will be subject of my art." (Karl Hofer: Aus Leben und Kunst, Berlin 1952, p. 30.)

Karl Hofer
Zwei Frauen mit Lautenspieler, 1940.
Oil on canvas
Post auction sale: € 100,000 / $ 115,000

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Buyer's premium, taxation and resale right apportionment for Karl Hofer "Zwei Frauen mit Lautenspieler"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Karl Hofer - lots sold by Ketterer Kunst