Lot 385 
385
Imi Knoebel
Twins 9, 2007.
Acrylic on aluminum and acrylic on pastic foil,...
Post auction sale: € 40,000 / $ 44,000
Twins 9. 2007.
Acrylic on aluminum and acrylic on pastic foil, on on aluminum brackets.
Lower aluminum panel B signed and dated, with a label inscribed with the dimensions and mounting instructions; panel A with a label. Plastic foils numbered, aluminum bracket with labels. Total dimensions: 146 x 99 x 6 cm (57.4 x 38.9 x 2.3 in).
[KT].
• Knoebel's works represent some of the most radical and most rigorous positions in contemporary abstraction.
• Balanced and harmonious composition that floats in perfect balance.
• Knoebel's works are in renowned international collections, including the Museum of Modern Art, New York, the Hamburger Bahnhof - Museum für Gegenwart, Berlin, the Pinakothek der Moderne, Munich, and the Albertina, Vienna.
• Most recently, Knoebel's works were on display in the exhibition “Imi Knoebel. Green Flag” at the White Cube, Hong Kong (2023), and in the exhibition ‘Balance’ at the Hamburger Bahnhof - Nationalgalerie der Gegenwart, Berlin (2022).
PROVENANCE: Galerie Lelong, Zürich.
Private collection (acquired from the above in 2013).
"I thought: everything has been done already [.] Yves Klein has painted his canvas blue, Lucio Fontana has cut slashes into his. What’s left? If you want to do something, to stay alive, you have to think of something at least as radical."
Imi Knoebel in an interview with The Guardian, July 15, 2015, quoted from: www.theguardian.com
Acrylic on aluminum and acrylic on pastic foil, on on aluminum brackets.
Lower aluminum panel B signed and dated, with a label inscribed with the dimensions and mounting instructions; panel A with a label. Plastic foils numbered, aluminum bracket with labels. Total dimensions: 146 x 99 x 6 cm (57.4 x 38.9 x 2.3 in).
[KT].
• Knoebel's works represent some of the most radical and most rigorous positions in contemporary abstraction.
• Balanced and harmonious composition that floats in perfect balance.
• Knoebel's works are in renowned international collections, including the Museum of Modern Art, New York, the Hamburger Bahnhof - Museum für Gegenwart, Berlin, the Pinakothek der Moderne, Munich, and the Albertina, Vienna.
• Most recently, Knoebel's works were on display in the exhibition “Imi Knoebel. Green Flag” at the White Cube, Hong Kong (2023), and in the exhibition ‘Balance’ at the Hamburger Bahnhof - Nationalgalerie der Gegenwart, Berlin (2022).
PROVENANCE: Galerie Lelong, Zürich.
Private collection (acquired from the above in 2013).
"I thought: everything has been done already [.] Yves Klein has painted his canvas blue, Lucio Fontana has cut slashes into his. What’s left? If you want to do something, to stay alive, you have to think of something at least as radical."
Imi Knoebel in an interview with The Guardian, July 15, 2015, quoted from: www.theguardian.com
385
Imi Knoebel
Twins 9, 2007.
Acrylic on aluminum and acrylic on pastic foil,...
Post auction sale: € 40,000 / $ 44,000
Buyer's premium, taxation and resale right compensation for Imi Knoebel "Twins 9"
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.
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.