TERMS OF AUCTION
Extract from the Rules of Procedure, as of April 2022
The auctions are conducted in accordance with the Rules of Procedure of the Widder Auctions of Kunsthandel Widder GmbH. The exact wording of these rules is available at the auction house and can be downloaded from www.widderauktionen.com.
Estimated prices, starting price, minimum sale price, limit, hammer price
In object descriptions, an upper and lower estimated price is stated in euros. The highest bid is expected within this range. The starting price is also stated online. As a rule, the starting price is the lower estimated price, but it
can be set higher or lower. The auctioneer increases the price by steps of approx. 10%, although it is possible to deviate from this. The highest bid wins, provided that the minimum selling price has been reached. If the seller decides not to sell the object below a fixed price, this is called the minimum sale price or limit. If this is not reached, the sale is considered conditional. Highest bidders are obliged to pay the purchase price within 7 days after invoicing.
Purchase price
The purchase price consists of the highest bid plus the buyer's premium, sales tax and, if applicable, the fee of artists resale rights. The buyer's premium amounts to 28% in case of differential taxation. The sales tax is included in the differential taxation.
In the case of normal taxation (marked ° ), a premium of 24% is added to the highest bid. For paintings, watercolors, drawings and sculptures, the statutory sales tax of 13% is added to the sum of the highest bid and the buyer's premium, for all other objects 20%.
Resale Right
Items marked * are subject to the resale right. This will be charged in the form of a surcharge on the highest bid. It only applies to highest bids over € 2,499.99 and is staggered: for the first € 50,000 4% will be charged. Thereafter, for each additional €150,000, 3% and 1% respectively, and for €500,000 and above, 0.25%. The maximum resale right charge is 12,500 €.
Authenticity guarantee
The auction house vouches for the authenticity of the object to the buyer within two years and guarantees that the object is indeed by the named artist.
Catalog information and description
Details of technique, signature, material, condition, provenance, etc. are provided by experts of the auction house. However, no guarantee is given for the correctness of this information.
The descriptions of the objects mean: first and last name of the artist with life data: an authentic work of the artist. "Signed" or "monogrammed": a clearly attributable work by the artist. "Attributed": a probably, but not necessarily authentic, work by the artist. "Circle": a work created within the artist's sphere of influence. "Inscribed": a probably authentic work, but not signed by the artist's hand. "Workshop": a work created in the artist's immediate environment. "School": a work created in temporal and stylistic proximity to the artist. "Succession": a stylistically related work created in the artist's succession.
Purchase orders
Interested parties may submit purchase orders in writing and online or bid by telephone. A completed and signed bid form must be received in a timely manner prior to the auction. The auction house will bid for written bids up to the stated highest bid.
Telephone Bids
Interested parties have the possibility to bid by telephone. The auction house will make every effort to reach the telephone number provided. If no telephone connection can be established, the auction house can bid for the interested parties up to the lower estimated price of the object. In this case, the auction house is not obliged to execute the bid.
Online Bidding, Live Bidding
Bidders can place pre-bids and bid live on www.widderauktionen.com as well as on external auction platforms.
Insurance
Objects of art are insured against loss and damage until the end of the collection period, up to the amount of the highest bid. Thereafter, the art object is insured only up to a maximum of 6 months after invoicing, if there is no delay in payment.
Place of jurisdiction, choice of law
Place of jurisdiction and place of performance for all legal relationships is 1010 Vienna. Austrian substantive law shall apply.
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LOT 149:
FERDINAND KITT* (Vienna 1887 - 1961 Vienna)
more...
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Sold for: €1,200
Start price:
€
800
Estimated price :
€800 - €1,000
Buyer's Premium: 24%
More details
VAT: 20%
On the full lot's price and commission
Users from foreign countries may be exempted from tax payments, according to the relevant tax regulations
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FERDINAND KITT*
(Vienna 1887 - 1961 Vienna)
Flower bouquet, 1956
watercolor/paper, 60.5 x 47.3 cm
signed F KITT, dated 56
provenance: private collection Vienna
ESTIMATE °€ 800 - 1.000
STARTING PRICE °€ 800
Ferdinand Kitt, Austrian painter and representative of a moderate Expressionism, studied with Rudolf Bacher at the Academy of Fine Arts in Vienna from 1907 to 1914, when he made a trip to Italy with him and with Josef Dobrowsky. In 1919 he became a member of the Vienna Secession, of which he was president from 1926 to 1929. The Zinkenbach Painters' Colony initiated by Kitt existed from 1927 to 1938. From 1928 to 1947 he was a professor at the Vienna Women's Academy. During the war years, when the Secession was dissolved, he joined the Künstlerhaus Wien. With the reestablishment of the Vienna Secession in 1945, Kitt was once again among its members. After the war, he left his destroyed studio in Vienna and moved permanently to Gschwand on Lake Wolfgang. Kitt worked mainly in portrait, genre and landscape painting and as a draftsman for tapestries and graffiti. He was buried in the Vienna Central Cemetery. The three-act Singspiel "Im weißen Rößl" by Ralph Benatzky (1930) is also set at Wolfgangsee in the Salzkammergut. The libretto was written by the composer together with Hans Müller-Einigen and Erik Charell. The song lyrics were written by Robert Gilbert, musical interludes by Bruno Granichstaedten, Robert Gilbert and Robert Stolz. It was based on an old Berlin comedy of the same name by Oskar Blumenthal and Gustav Kadelburg, which the authors wrote in 1896 during a stay at the Blumenthal Villa near Bad Ischl. "Im weißen Rößl" premiered at the Großes Schauspielhaus in Berlin on November 8, 1930, in a production by Erik Charell with Max Hansen as Leopold and Camilla Spira as Josepha. The stage design was by Ernst Stern. Among the numerous film adaptations, the one by Werner Jacobs ("Im Weißen Rößl, " 1960) with Waltraut Haas and Peter Alexander is the best known.
PLEASE NOTE:
The purchase price consists of the highest bid plus the buyer's premium, sales tax and, if applicable, the fee of artists resale rights. In the case of normal taxation (marked °), a premium of 24% is added to the highest bid. The mandatory sales tax of 13%, for photographys 20%, is added to the sum of the highest bid and the buyer's premium. The buyer's premium amounts to 28% in case of differential taxation. The sales tax is included in the differential taxation.
