Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 129


129
Rainer Fetting
Zwei Figuren, 1982.
Oil on canvas
Post auction sale: € 36,000 / $ 37,800
+
Zwei Figuren. 1982.
Oil on canvas.
Signed, dated, titled and inscribed "weiß grün" on the reverse. 220 x 161 cm (86.6 x 63.3 in). [AW].

• Expressive example of the dominant role man plays in Fettings work.
• Masterfully reduced style with a highly expressive effect.
• Paintings from the early 1980s are among his most sought-after works.
• Other works by Rainer Fetting from the 1980s can be found at, among others, the Tate Gallery, London, the Städel Museum, Frankfurt am Main, and the Pinakothek der Moderne, Munich
.

The authenticity of the present work has been confirmed by the artist and bears the work number "C/40". We are grateful for the kind support in cataloging this lot.

PROVENANCE: Galleri Dobloug, Oslo.
Private collection (acquired from the above in 1987).
Private collection Southern Germany (acquired from the above in 2012).

LITERATURE: Sotheby's, London, 12021st auction, February 16, 2012, lot 305 (illu. in color on p. 254).





Buyer's premium, taxation and resale right compensation for Rainer Fetting "Zwei Figuren"
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.