Auctioneer Robert Ketterer realizes 44 results above the € 100,000 mark, as well as many record prices in his spring auctions

Munich, June 10, 2018 (KK) – Satisfied clients and excellent numbers - that's the overall result of the seven auctions that realized more than € 23 million* - around 2.5 million* more than in spring 2017. In comparison with the same period in 2017, this auction saw a total of 44 results on or beyond the € 100,000 line, instead of a previous 38. Additionally, a great number of records were achieved. The demand for Post War Art was particularly strong.

After the Departments of 19th Century Art and Rare Books had already grossed proceeds of around € 2.5 million* a few days earlier, the Departments of Modern-, Post War- and Contemporary Art set a strong final chord for the first auction term in 2018 with sales figures of more than € 20 million*.

Auctioneer and company owner Robert Ketterer sums up: "I am very delighted that we were even able to surpass last year's great performance". He continues: "What I find very remarkable was the fact that artists with strong ties to Germany sell particularly well in German auctions. Good examples therefor are Tony Cragg, Katharina Grosse, Ernst Wilhelm Nay, Gerhard Richter and, of course, Günther Uecker."

The focus of the auction from June 7 to 9 was on the following sections:
1. Post War Art
2. Contemporary Art
3. Modern Art

1. Post War Art
Günther Uecker's "Woge, Japan" (lot 909) led both the department‘s range of offerings as well as the entire auction. With lovers mainly in Germany and Switzerland the nail picture entered the race with an opening bid of € 600,000 and realized € 825,000* offered by a Bavarian collector. Another eight works from the ZERO master were also met with great enthusiasm, first and foremost the work "Feld (For Ezra Pound)" (lot 902) from 1999, which was lifted from € 130,000 to a result of € 200,000* by a collector from Great Britain.

Tony Cragg's "Point of View" (lot 935) provided an exceptional result in the sculpting section. Against fierce competition from mainly Southern German bidders, the winning bid of € 662,500* eventually came from Bavaria, too. The huge plastic more than doubled its calling price of € 280,000 and did not only make second place in the auction, moreover, it realized a new world record** for the artist.

With a result of € 537,500* Robert Rauschenberg's large-size "County Sweep (Galvanic Suite)" (lot 919) occupies third place. Called up with € 240,000 it more than doubled its price and will go to a collector on the American East Coast who stood his grounds against other phone bidders from Belgium and Slovenia.

Ernst Wilhelm Nay's work "Purpurmelodie" (lot 854) was called up with € 180,000 and found a new home with a passionate collector from Baden-Württemberg for a result of half a million euro. He relegated competitors in the saleroom and half a dozen phones, mainly from Germany and Switzerland, to places second and beyond.

Next to Enrico Castellani's "Superficie bianca" (lot 903), which found a new home in Italy for € 312,500*, Victor Vasarelys "Dauve" (lot 879) was also very popular. A persistent collector from Poland eventually won the trophy for a result of € 350,000*, almost twice the opening bid of € 180,000.

Half a dozen works by Gerhard Richter also made for excitement in the saleroom, first and foremost three works with six-digit estimates. While "Fuji" (lot 914) was sold to Hong Kong for € 300,000* and "Grün-Blau-Rot" (lot 951) to Seoul for € 262,500*, the work "Ohne Titel (9.12.96)" (lot 877) will remain in Southern Germany for € 256,250*.

The longest list of phone bids was compiled for François Morellet and his work "5 trames de grillage 0° 18° 36° 54° 72°" (lot 901) which needed 22 lines to Belgium, England, France, Italy, South Africa, Cyprus and Switzerland. In the end, however, a German collector in the saleroom succeeded and silenced competitors for the iron wire work with a bid of € 206,250*, additionally, he provided a new German record** for the artist.

Interest in "B99" (lot 869) by the Warsaw artist Wojciech Fangor was noticeabley strong, which showed already long before the auction. As expected, most of the 14 phone bidders came from Poland, however, art lovers from Germany, Monaco, Russia and the USA were also represented when the vividly colored oil painting was called up at € 30,000. Eventually, a Polish private collection carried the victory home. With a result of € 200,000* the buyer also provided more than a six-fold of the calling price.

The undisputed star of the department is Katharina Grosse. Three of her works with calling prices in five-digit realms were sold with excellent increases. While lot 788 fetched € 212,500*, lot 814 even climbed to € 275,000* and recorded a new German record**. As expected, most bidders came from Germany, however, collectors from Italy and Cyprus also got involved.

Apart from Imi Knoebel's "Porträt 98-32" (lot 793), which was in demand with ten phone bidders and eventually honored with a price of € 92,500* (staring price: € 34,000) by a private collector from Switzerland, Karin Kneffel set another highlight with her oil painting "2008/8" (lot 806), which was taken to heights of € 125,000* (staring price:€ 75,000) by a Southern German collector.

3. Modern Art

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