Lot 230
Frame image
Raumbeispiel
230
Imi Knoebel
Farben und Z 20, 2003.
Acrylic on plastic foil. Unique object
Estimate:
€ 18,000 - 24,000
$ 20,340 - 27,120
Farben und Z 20. 2003.
Acrylic on plastic foil. Unique object.
Signed, dated and inscribed "8" on teh reverse. With direction arrows on the reverse of the frame. 103.4 x 74.4 cm (40.7 x 29.2 in).
[AR].
• Unique artwork with vibrant colors and an energetic brushwork.
• Part of a 2003 series that appears to be a continuation of his gestural 1980s style.
• The dynamic interplay of bright acrylic colors creates an exceptional vivid intensity.
• Offered on the international auction market for the first time (source: artprice.com).
PROVENANCE: From a Belgian collection.
EXHIBITION: Imi Knoebel im FARB, Forum Altes Rathaus Borken, September 26, 2020 - January 11, 2021 (extended until March 2021).
Called up: June 7, 2025 - ca. 16.53 h +/- 20 min.
Acrylic on plastic foil. Unique object.
Signed, dated and inscribed "8" on teh reverse. With direction arrows on the reverse of the frame. 103.4 x 74.4 cm (40.7 x 29.2 in).
[AR].
• Unique artwork with vibrant colors and an energetic brushwork.
• Part of a 2003 series that appears to be a continuation of his gestural 1980s style.
• The dynamic interplay of bright acrylic colors creates an exceptional vivid intensity.
• Offered on the international auction market for the first time (source: artprice.com).
PROVENANCE: From a Belgian collection.
EXHIBITION: Imi Knoebel im FARB, Forum Altes Rathaus Borken, September 26, 2020 - January 11, 2021 (extended until March 2021).
Called up: June 7, 2025 - ca. 16.53 h +/- 20 min.
230
Imi Knoebel
Farben und Z 20, 2003.
Acrylic on plastic foil. Unique object
Estimate:
€ 18,000 - 24,000
$ 20,340 - 27,120
Buyer's premium, taxation and resale right compensation for Imi Knoebel "Farben und Z 20"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.
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 7 % is levied to the sum of hammer price and premium.
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.
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 7 % is levied to the sum of hammer price and premium.
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.
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