Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 170

 

170
Rainer Fetting
Selbst mit Kaktus, 1982.
Dispersion on canvas
Estimate:
€ 60,000 - 80,000

 
$ 59,400 - 79,200

+
Selbst mit Kaktus. 1982.
Dispersion on canvas.
Monogrammed, dated and inscribed "Selbst + Kaktus“ in lower right. Verso once more signed and dated, as well as inscribed "Selbst mit Kaktus“ and with the work number "L. 113“. 260 x 210 cm (102.3 x 82.6 in).
[AM].
• Remarkably colorful work from the early 1980s.
• Expressive and dynamic self-portrait in a particularly large format.
• His works from the 1980s are among the artist's most wanted works on the international auction market
.

This work's authenticity has kindly been confirmed by the artist.

PROVENANCE: Raab Boukamel Gallery, London (with the label on the reverse).
Private collecion Northern Germany.

LITERATURE: Rainer Fetting. SelbstSelfPortraits 1973-1998, May 8 - June 20, 1999, Neuer Berliner Kunstverein, Berlin 1999, color illu. on p. 64.
Bruun Rasmussen, Copenhagen, auction Modern Art, April 4, 2006, lot 294.

Called up: December 9, 2022 - ca. 15.03 h +/- 20 min.

Rainer Fetting's self-portraits are a fascinating example of the artist's approach to traditional genres in painting. He appropriates them, liberates them from their conventions, strips them down to their quintessence, and transforms them into something entirely new through his unique style. The present self-portrait also reflects this radicalness: through the clear formal division of the picture and the tense positioning of colorful accents, Fetting creates an enormous expressive power. In a broad brushstroke he sets isolated contours, which, sometimes light, sometimes dark, reinforce the structure of the picture. In the center of the picture, he confronts us with his tremendous presence as sitter, but the characterization of his own person recedes into the background. Through his paintings, which has a powerful expression that is hard to resist, he "succeeds in putting the viewer in a staged atmosphere of emotion, ecstasy, the immediacy of colors and the poignancy of faces and bodies." (Demosthenes Davvetas, Sprachlichkeit der Bilder, in: Rainer Fetting, Essen 1986, p. 11.)



 

Buyer's premium, taxation and resale right compensation for Rainer Fetting "Selbst mit Kaktus"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
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.