Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 402

 

402
Karin Kneffel
Ohne Titel, 2016.
Oil on canvas
Estimate:
€ 60,000 - 80,000

 
$ 66,000 - 88,000

+
Ohne Titel. 2016.
Oil on canvas.
Signed and inscribed with the work number “2016/4” on the reverse. 160.5 x 130 cm (63.1 x 51.1 in).


• Kneffel, like Richter, uses historical photographs that she adapts in a painterly manner.
• The Hermann Lange Collection, reconstructed by Kneffel in this series, included some of the most important works of Modern art.
• The Chagall painting shown here is in the Städel Museum in Frankfurt, while Kneffel corrects how it is displayed there. She renders the painting the other way around, as historically seen.
• The artist plays with reality and fiction on different pictorial levels.
• Kneffel held a professorship at the Academy of Fine Arts in Munich from 2008 to 2022.
• Paintings by the artist can be found in significant public collections, including the Pinakothek der Moderne, Munich, the Museum Frieder Burda, Baden-Baden, and the Olbricht Collection, Berlin
.

Listed on the artist's official website.

PROVENANCE: Gagosian Gallery, Beverly Hills.
Private collection (acquired from the above in 2016).

EXHIBITION: Karin Kneffel: New Works, Gagosian Gallery, Beverly Hills, April 28 - June 11, 2016.

"Indeed, the first impression that observers of Karin Kneffel's paintings gain is one of a virtuously staged artificiality and an insurmountable insecurity and fragility of our pictorial access to the world [..]."
Thomas Wagner, in: Karin Kneffel. Haus am Stadtrand, Krefeld 2009, p. 71.

Called up: December 7, 2024 - ca. 18.01 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Karin Kneffel "Ohne Titel"
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.