Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 151


151
Imi Knoebel
Portrait (Susanne), 1993.
Acrylic on panel
Estimate:
€ 30,000 - 40,000

 
$ 32,100 - 42,800

+
Portrait (Susanne). 1993.
Acrylic on panel.
Signed and dated on the reverse, as well as with a label that is typographically inscribed "Susanne", signed and dated "25.12.98". 50 x 35 x 8.7 cm (19.6 x 13.7 x 3.4 in). [JS].


• In Knoebel's famous series of portraits, he took the stylization of the human portrait head that began with Jawlensky's "Meditations" to the extreme.
• This is an outstanding example of Knoebel's masterly play with reduction and variation.
• Knoebel lends the three-dimensional wooden corpus a "painterly incarnate" and an individual character solely through the color combination.
• The color scheme in soft pastels with the fascinating mother-of-pearl-like shimmer in the center and the radiant yellow is very rare.
• Most recently, Knoebel's works were shown in "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).
• Imi Knoebel's works can be found in important international collections like the Museum of Modern Art, New York, the Hamburger Bahnhof, Berlin, and the Pinakothek der Moderne, Munich
.

PROVENANCE: Private collection Berlin.

"Imi Knoebel is one of today's most radical and consistent abstract artists [..] in Knoebel's work, radicalism and consistency come together to form a balanced unity that is constantly put to the test."
Zdenek Felix, quoted from: Imi Knoebel. Retrospektive 1968-1996, ex.cat. Haus der Kunst, Munich 1996, pp. 291f.

Called up: June 7, 2024 - ca. 14.40 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Imi Knoebel "Portrait (Susanne)"
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.