Sale: 495 / Post War / Contemporary Art, Dec. 07. 2019 in Munich Lot 309

 
309
Rainer Fetting
Portofino, 2007.
Oil on canvas
Estimate:
€ 20,000 - 30,000

 
$ 22,000 - 33,000

+
Lot description
Portofino. 2007.
Oil on canvas.
Verso of the canvas signed, dated, titled and with dimensions and technique. 100 x 120 cm (39.3 x 47.2 in).

This work's authenticity has kindly been confirmed by the artist.

PROVENANCE: Private collection Berlin.

Called up: December 7, 2019 - ca. 15.51 h +/- 20 min.

 


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Buyer's premium, taxation and resale right apportionment for Rainer Fetting "Portofino"
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.