$35000 to $40,000. speakers what would you buy and why?

Check Legacy Audio- Aeris. $30-32k depending on the finish selected. Built in powered subs. I’m a Legacy Whisper owner but I have heard these at their factory in Springfield IL. Magical. I am considering trading up to these now. I don’t know where you are, but there may be a dealer nearby. 
The Music Room has a used pair they just listed last week for mid $20k’s too. 
Good luck with your search!  

From my experience, you have to decide what type music you listen to, i.e. hard rock, metal, punk, grunge, jazz, blues, opera etc.

Hard pumping rock requires a certain speaker and equipment to push out those thumping sound waves, all speakers will play any type music, but that heavy low bass and higher bass sound waves, that bounces off your chest with authority is special.

Certain audio systems and speaker combos will reproduce solo voice (Adele, Aurora} or solo instrument (pink floyd, pearl jam, or even Yuja-Ravel piano concerto) great.

However don't do as good of a job with separation of sounds on the stage in front of you, offered by a plethora of dense sounds coming from hardcore punk, or even large symphonic orchestral music, at least in a 3D since, left to right, and front to back.

I personally dont listen to crossover trash rock or hardcore punk type music and only a few metal bands, I stick mostly with, classic or progressive rock, alternative rock, some electronic music, some pop, and classical genres.

I needed a speaker that would do all genres very well to great, and avoided the chest vibrating, neighbor hating sound waves (as much as I love it when at friends houses)

I ended up in the price range you want $30K-$40K, I gave up on my Thiel CS5 speakers and went with German Physiks Carbon mkIV, fairly small form factor, smaller than the thiel cs5's, i haven't found a need to upgrade since. German Physiks offers a larger speaker, that doubles the amount of speaker sound, I never found the carbon mkIV to be lacking in sound projection, and gives me a 3D sound landscape coupled in synergy with the rest of my equipment

Good luck with your search

After decades with planar speakers, loving the speed and transparency I started to suspect that while I loved that part of it I was missing something. I increasingly attended live acoustic musical events. About 18 years ago, I had been in a Magnolias and had heard a pair of Sonus Faber. I don’t remember which version. The sound just stuck in my mind for many years. There was something about them... which over time I began to realize was organic.

So, as an experiment about 12 years  ago I found an old pair of Sonus Faber Cremona M. They were up in Seattle.. a three hour drive. I sprinted up Sunday morning and bought them. Within the next two days I called my local dealer and ordered a pair of Olympica 3 that were on a ship, the very first ones to hit the West Coast. The Cremona were simply that astonishing. They were real, and natural, sounded like real music, not a thin super fast version of it. I knew from reading that the newer at the time were tipped a bit more towards the detail. They were, and they were perfect.

So, after about ten great years with them and retiring. I bought a new pair of violin red Sonus Faber Amati. The difference was striking more dynamic and absolutely coherent top to bottom. I ditched my subwoofers and have been very happy with them for the last five or six years. 

I would not consider a different brand. I have all Audio Research equipment. See my virtual systems. This is very synergistic with the Sonus Faber. 

A word about the Sonus. I heard Sonus Faber with a dCS front end and Bermester amplification and they output was incredible. These electronics through a soundstage from the ceiling (and towards me from the front) wrapping around to 45 degrees  and about 20 feet deep. So it sounded like a stereo on an acid trip. Tiny instruments suspended in three dimensional space. Not what I want... but I am saying they can do it, if that is your cup of tea.

My system is nothing like that. It is real, natural, musical. I cannot listen to the system... my mind is drawn instantly back to the music. I can listen for three hours and have to pull myself away. They are so musical. They have all the detail of hyper detailed system, but in proper proportion with other elements. They forgive bad recordings... they simply play great sounding music, the better the recording the better they sound. Not this is not only the speakers... it is also the electronics. The combination is intended to recreate the real thing, and it does. 

They also look great. Something I was not used to after decades of compromise for the best sounding speaker with no frills. These are works of art. 

I am surprised that you would put up Magico, in this list. They could not be more different in sound. I know they could sound good, but they are sooo fast and accurate they have sounded terrible in every system I have heard them in. I recommend some trips to long auditions... and listen to the music... not the equipment. The answer should be really obvious. 

Klipsch Jubilee…and with that budget, McIntosh or Audio Research tube/SS hybrid power. Because it would sound sublime. 

I would absolutely look at used speakers first.