Sale: 495 / Post War / Contemporary Art, Dec. 07. 2019 in Munich Lot 1062

 
1062
Imi Knoebel
Face 70, 2003/2016.
Acrylic
Post auction sale: € 7,200 / $ 7,920
+
Lot description
Face 70. 2003/2016.
Acrylic on collaged plastic foil.
Verso of the foil signed, twice dated "2003" and "2.16" as wll as titled and numbered. From an edition of 5 copies. Each copy is a unique object. 36 x 36 cm (14.1 x 14.1 in).
Not unframed for cataloging. [CE].

PROVENANCE: Galerie Fahnemann, Berlin (verso of backing with the gallery label).
Tassilo Usner Contemporary Art, Salzburg.

 


Buyer's premium, taxation and resale right apportionment for Imi Knoebel "Face 70"
This lot can be purchased subject to differential 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.