Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 349

 

349
Rainer Fetting
Roter Steinwerfer, 1983.
Oil on canvas
Post auction sale: € 27,000 / $ 29,700
+
Roter Steinwerfer. 1983.
Oil on canvas.
Signed on the reverse of the canvas. 178 x 229 cm (70 x 90.1 in). [AW].

• Expressive color and form in true Fetting style.
• This large-scale painting shows a male nude, a central motif in Fetting's work.
• The paintings from the early 1980s are among the artist's most sought-after works.
• More of Fetting's works from the 1980s are part of the collections of the Tate Gallery, London, the Städel Museum, Frankfurt am Main, and the Pinakothek der Moderne, Munich, among others
.

The artist confirmed the authenticity of the present work. The work bears the work number “B/66”. We are grateful for the kind support in cataloging this lot.

PROVENANCE: Private collection, Hesse.

“In Fetting's nude paintings, the naked body has its great stage appearance. Bathed in gently glistening light, the body becomes a source of light for the painting itself, or it appears as a mysterious shadowy figure against a glowing background. His nudes are always color-bodies; they arise and define themselves in the painting through the direction of light and the flow of color. Fetting creates an atmosphere of indeterminate erotic expectations that cannot be pinned down to a specific situation in the painting itself.”
Christos M. Joachimides, quoted in: Nationalgalerie Berlin (ed.), Rainer Fetting. Berlin/New York. Gemälde und Skultpuren, Berlin 1990, p. 36.



 

Buyer's premium, taxation and resale right compensation for Rainer Fetting "Roter Steinwerfer"
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.