Dictionary
Auction

In an auction the valid purchasing price is fixed through bids and counter-bids and knocked down by the auctioneer. An auction house usually specializes in a certain field of activity for which it has a number of experts. The Munich auction house Ketterer Kunst sells works by the Old Masters, 19th Century Art and works from Modern to Contemporary Art in its art auctions, as well as rare antiquarian books in the book auctions. The established auction house Ketterer Kunst with headquarters in Munich is one of Germany's most successful and most modern auction houses. From an early point on Ketterer Kunst has made use of the benefits the internet has to offer for its international clientele. Ketterer Kunst did not only identify the potential of the digital presentation of the auction's artworks in an +online catalog as an additional service means for its clients from all over the world, but also recognized the benefit for customers to follow art and book auctions online. Unlike the traditional art- or book auction, held in the auction house's salesroom in Munich and in Hamburg, potential buyers and artworks are not in one place in internet auctions or internet live auctions, instead they are virtually connected through the internet. Secured internet auctions for high-class art objects or rare books have recently been met with increasing popularity, as they allow bidding from any place in the world at safe conditions. Clients and consignors benefit from the international contacts of the globally active auction house. Next to the high quality of the objects in Ketterer Kunst's auctions, security and perfect service in all matters for its clients and consignors are the auction house' s core competencies. Visit our regular +expert meeting days in Munich and other major German cities. +>Non-binding estimation inquiry can be made online any time. Our experts and representatives are at your disposal for personal +contact.