Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 212.20

 

212.20
Yves Klein
Table Bleue, 1961/1963.
Multiple. Table. Glass, plexiglass, wood, metal...
Post auction sale: € 18,000 / $ 19,440
+
Table Bleue. 1961/ 1963.
Multiple. Table. Glass, plexiglass, wood, metal and IKB pigment.
Ca. 38 x 125.1 x 100 cm (14.9 x 49.2 x 39.3 in).



• Yves Klein's iconic blue transferred from painting to design.
• A unique symbiosis between visual and applied art.
• The intense I.K.B. pigment becomes almost tangible
.

PROVENANCE: Tête a Tête Arts, Paris.
Corporate Collection Ahlers AG, Herford (since 2006).




212.20
Yves Klein
Table Bleue, 1961/1963.
Multiple. Table. Glass, plexiglass, wood, metal...
Post auction sale: € 18,000 / $ 19,440
+

 

Buyer's premium, taxation and resale right compensation for Yves Klein "Table Bleue"
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.