Lot 177 
Raumbeispiel
177
Rainer Fetting
Rosa Tulipanen, 1998.
Oil on canvas
Estimate:
€ 20,000 - 30,000
$ 21,000 - 31,500
Rosa Tulipanen. 1998.
Oil on canvas.
Signed, dated, titled and inscribed "F 252" and the dimensions and the technique on the reverse. 90 x 70 cm (35.4 x 27.5 in). [AW].
• Colorful floral still life with an expressive brushstroke.
• Rainer Fetting's typical, expressive reinterpretation of a classic genre.
• In the 1970s, Fetting co-founded the group of artists known as the "Neue Wilden" or "Junge Wilden".
• Fetting's works can be found in renowned collections such as the Tate Gallery, London, the Städel Museum, Frankfurt am Main, and the Fondation Cartier pour l'art contemporain, Paris.
PROVENANCE: Galleri Christian Dam, Oslo.
Private collection Norway (acquired from the above in 1999).
LITERATURE: Ingrid Schjoldager (ed.), The Narud Collection, Oslo 2021, p. 184 (color illu. p. 185).
Called up: December 8, 2023 - ca. 14.42 h +/- 20 min.
Oil on canvas.
Signed, dated, titled and inscribed "F 252" and the dimensions and the technique on the reverse. 90 x 70 cm (35.4 x 27.5 in). [AW].
• Colorful floral still life with an expressive brushstroke.
• Rainer Fetting's typical, expressive reinterpretation of a classic genre.
• In the 1970s, Fetting co-founded the group of artists known as the "Neue Wilden" or "Junge Wilden".
• Fetting's works can be found in renowned collections such as the Tate Gallery, London, the Städel Museum, Frankfurt am Main, and the Fondation Cartier pour l'art contemporain, Paris.
PROVENANCE: Galleri Christian Dam, Oslo.
Private collection Norway (acquired from the above in 1999).
LITERATURE: Ingrid Schjoldager (ed.), The Narud Collection, Oslo 2021, p. 184 (color illu. p. 185).
Called up: December 8, 2023 - ca. 14.42 h +/- 20 min.
177
Rainer Fetting
Rosa Tulipanen, 1998.
Oil on canvas
Estimate:
€ 20,000 - 30,000
$ 21,000 - 31,500
Buyer's premium, taxation and resale right compensation for Rainer Fetting "Rosa Tulipanen"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) 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.
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.