Best Auction Result Ever
Robert Ketterer knocks down a work by E. L. Kirchner for € 1,562,500*, one of the four lots in the Evening Sale that soared to results in the millions. On the wall next to it: Günther Uecker's "Weisses Feld" which scored the top result of € 1,687,500*.
€1,687,500* Calling price: € 490,000
Lot 169: Günther Uecker - Weisses Feld
€ 1,562,500* Calling price: € 380,000
Lot 133: Ernst Ludwig Kirchner - Heimkehrende Ziegenherde
€1,250,000* Calling price: € 550,000
Lot 110:Hermann Max Pechstein - Tänzer
€ 1,025,000* Calling price: € 600,000
Lot 138: Gerhard Richter - Abstraktes Bild
€ 875,000* Calling price: € 36,000
Lot 482: Anita Rée - Blaue Frau
Munich, December 7, 2019 (KK) - It is the best season result in the history of Ketterer Kunst. Five results beyond the magic million euro line, scores of records and a lot of applause, to sum up the autumn auction season. The auctions at the end of the 65th anniversary year of Ketterer Kunst grossed more than € 30,7 million*, including expected proceeds of around € 1.6 million for the part of the auctions of Modern and Post War/Contemporary Art sold online until 3 p. m. on December 8.
After the auctions of 19th Century Art and Rare Books had already brought proceeds of more than € 3.6 million*, the sale of Art of the 20th/21st Century provided a spectacular finale with proceeds of more than € 27.1 million* in the sessions between December 6 and 8. A total of 55 results landed on or beyond the € 100,000 line, five even made it to seven figure sums.
Both sections of Modern and Post War Art had their stars in the Evening Sale, namely Ernst Ludwig Kirchner, Hermann Max Pechstein, Gerhard Richter and Günther Uecker who provided the four only million euro results in Germany in the second auction term of 2019.
Auctioneer and company owner Robert Ketterer puts it in a nutshell: "It was one of my finest auctions ever, as the art simply wanted to be bought."
With "Weisses Feld" (lot 169), both the auction's number one and the top star of the German auction season, Günther Uecker consolidated his exceptional position on the art market. Eight phone bidders from all over Germany, the U. S. as well as from Belgium and Switzerland fought hard for the highly dynamic power field. In the end it took a collector from the German speaking part of Switzerland € 1,687,500* to stop his competitors and to raise the calling price of € 490,000 by a threefold.
Another starring role was played by Ernst Ludwig Kirchner's "Heimkehrende Ziegenherde" (lot 133). Beck & Eggeling were bidding in the saleroom on behalf of the Fondazione Braglia and honored the colorful oil painting from the acclaimed collection of Gustav Ferdinand Jung with a remarkable price of € 1,562,500*, more than a fourfold of the calling price. Two committed collectors on the phone from Germany and Luxembourg were left empty-handed after a long and fierce bidding skirmish.
Third place in the anniversary auction went to Hermann Max Pechstein's "Tänzer" (lot 110) which more than doubled its calling price of € 550,000. A German museum won the solitaire from the best phase of the "Brücke" and will fortunately put it on display for the public. With a result of € 1,250,000* the institution was able to beat competitors in the saleroom as well as a very high commission provided by a collector from Southern Germany.
The fourth million euro result was brought in by Gerhard Richter's "Abstraktes Bild" (lot 138) from 1986, for which bidders in the saleroom fought against a tough phone bidder after it had been called up at € 600,000. Eventually a German bidder on site carried the trophy that represents the cross section between Informalism and Abstract Expressionism home for a result of € 1,025,000*.
The list of the Top 5 is completed by Anita Rée's "Blaue Frau" (lot 482). The portrait from before 1919 comes from the acclaimed collection of Gustav Schiefler and was in demand with more than half a dozen bidders from Germany, Austria, England, Switzerland and the USA. Eventually an American collector showed the strongest persistence and provided an impressive world record** with the great result of € 875,000*.
Interest in Tony Cragg's stainless steel sculpture "Runner" (lot 496) was big even before the auction. Accordingly, it was little surprising that it took a heated bidding race before it was sold to a German collector on the phone for € 812,500*. Not only did he relegate his mainly German competitors to places second and beyond but also provided a new German record** for a work by the artist.
An array of half a dozen works by Alexej von Jawlensky was sold with excellent increases in the Evening Sale. It was led by "Dichterin (Mystischer Kopf)" (lot 123) whose magic eyes allured an art lover from North Rhine-Westphalia to place a commission that effortlessly outperformed several competitors from all over Germany and the USA. Eventually, the result of € 600,000* doubled the calling price.
Two landscapes by Gabriele Münter were also very popular with the audience, however, it was one German art lover in the sale room who would take both masterpieces home with him. While he provided more than twice the calling price with the result of € 337,500* for "Staffelsee" (lot 141), he needed more than four times the calling price before "Moor im Herbst" (lot 106) was knocked down for him for a result of € 562,500*, thus beating other art lovers who participated over the phone. When the monumental oil painting "White Pine" (lot 173) by Alex Katz was called up a little later, the same art enthousiast was successful again. With his bid of € 362,500* he beat the late German record** for a work by the artist, which was set by the portrait "Sophie" in a sale at Ketterer Kunst last June.
With another German record** and against strong resistance over the phone from Switzerland, Jean Dubuffet's "L'Esplanade rose" (lot 161) found a new home in Luxembourg for a result of € 500.000*.
A bidder in the sale room showed great staying power in the battle for Marcel Duchamp's "Bilboquet" (lot 164), which he lifted from € 90,000 to a result of € 450,000*, relegating tough competitors that mainly came from the USA to places second and beyond.
A sensational world record** was realized for Katharina Grosse's complex and oscillating untitled work (lot 146) when it was sold for € 450.000*. A Bavarian collector bid four and a half times the calling price and left international competitors from Milan, Paris and New York empty-handed.
Three works by Norbert Bisky were met with enormous interest in form of more than a dozen phones and almost as many commissions, which not only led to excellent increases but also to a new world record** . A collector from Northern Germany granted a price of € 131,250* for the large-size painting "Sturz der Giganten" (lot 127). Now Ketterer Kunst occupies all top five places in the global Bisky ranking.
It was a very short world record** moment for Wolfgang Mattheuer's oil painting "Oh Caspar David" (lot 291), which more than half a dozen bidders lifted to the great result of € 112,500*, because just one lot later "Sturz des Ikarus" (lot 292) soared by more of a seven-fold of the calling price of € 27,000 to incredible heights of € 193,750*.
The following also realized excellent results:
|| Corinth (oil)
||Eisbahn im Berliner Tiergarten
||Corinth (oil) )
||Blumen im Bronzekübel
||Winterstimmung (Abstr. Kopf)
||#4 (Record**in Germany along with "E 9" sold at Ketterer Kunst in June)
||Klein (synthetic resin)
||Monochrome bleu sans titre
||Square Forms ... (Record**in D.)
||Graubner (mixed media)
||Figure (Record**in D.)
Unsold lots can be acquired in the post auction sale until January 2020. Result lists are available by phone on +49-(0)89-552440.
* The result is the hammer price + 25 % commission
** Source: www.artprice.com
The family company Ketterer Kunst (www.kettererkunst.com and www.ketterer-internet-auctions.com), with headquarters in Munich and branches in Hamburg, Duesseldorf, Berlin and the USA, was founded in 1954. It is one of the leading European houses for auctions of Fine Art from the 19th to the 21st Century and Rare Books. The latest art market review for Fine Art 2018, compiled by artprice.com, ranks Ketterer Kunst on place 11 in the global TOP 100. The auctioneer's clientele predominantly consists of international collectors, art dealers, curators and museums.
|Michaela Derra M.A.