Sale: 503 / Post War / Contemporary Art II, June 13. 2020 in Munich Lot 119002758

 
119002758
Rainer Fetting
6 Ave Uptown View, 2005.
Acrylic on canvas
Estimate:
€ 15,000 - 20,000

 
$ 17,100 - 22,800

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Lot description
6 Ave Uptown View. 2005.
Acrylic on canvas.
Verso signed, dated, titled and inscribed with the work number and the dimensions. 75 x 102 cm (29.5 x 40.1 in).

PROVENANCE: Galerie Deschler, Berlin.
Private collection Baden-Württemberg (acquired from aforementioned in 2005).

EXHIBITION: New York Underground - Rainer Fetting, Galerie Deschler, Berlin, September 9 - November 12, 2005.

 


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Buyer's premium, taxation and resale right apportionment for Rainer Fetting "6 Ave Uptown View"
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.