Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 351


351
Rainer Fetting
Selbstportrait mit Blumen III, 1981.
Oil on canvas
Estimate:
€ 50,000 - 70,000

 
$ 55,000 - 77,000

+
Selbstportrait mit Blumen III. 1981.
Oil on canvas.
Signed, dated and titled on the reverse of the canvas. 200 x 135 cm (78.7 x 53.1 in). [AW].

• By combining two classic genres, Rainer Fetting created an expressive reinterpretation that is typical of his art.
• Fetting's clear formal division of the pictorial surface and the dramatic accentuation create an enormous expressiveness.
• A protagonist of the “Neue Wilden” (New Wild Artists).
• The paintings from the early 1980s are among his most sought-after works.
• Other works from the 1980s are included in the collections of the Tate Gallery, London, the Städel Museum, Frankfurt am Main, and the Pinakothek der Moderne, Munich
.

The artist confirmed the authenticity of the present work. The work bears the work number "D/25". We are grateful for the kind support in cataloging this lot.

PROVENANCE: Galerie Karl Pfefferle, Munich (with the gallery label on the stretcher).
Private collection, Hamburg (acquired from the above in 2004).

"Throughout the decades, I repeatedly painted flower pictures – deliberately and with particular pleasure, especially when the prevailing zeitgeist completely frowned upon them, that is, during the so-called 'wild painters' period. In a gray Berlin winter in the old walled city, it was a feast for the eyes to put together a magnificent flower bouquet. It is often ignored that not all 'flower paintings' are the same. It is always important to see them in context and how they were made."
Rainer Fetting in March 2020.

Called up: December 7, 2024 - ca. 16.53 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Rainer Fetting "Selbstportrait mit Blumen III"
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.