Excellent Half-Year Balance
Munich (kk) -  € 10.2 million overall sales proceeds is the outstanding result from the three spring auctions held by Ketterer Kunst in Munich and Hamburg. "With this outcome we have succeeded in nearly doubling the figures (€ 5.3 million) for the same period last year. The excellent results this year are certainly due, on the one hand, to the enormous attention attracted by our Jubilee Auction. On the other hand, our clientele, both established clients and newcomers, are enthusiastic about our new catalogue concept as well as our ongoing activity on the internet," as Robert Ketterer, auctioneer and managing director of Ketterer Kunst, draws the balance for the past half year.
Enormous demand and high increases over estimates accrued to post-1945 art especially, which in future is to be given higher priority in the Ketterer Kunst programme. The special catalogue, Post War - Internationale Nachkriegskunst [Post-War - International Postwar Art], of works from this period that went under the hammer under the auspices of the Jubilee Auction sold out and sales of its contents amounted to nearly 100 per cent. Stars here were, in addition to Stephan Balkenhol's 1.31-m- high wooden man wearing a white shirt (called at: € 15,000; sold for: € 60,000) two Gerhard Richters (the watercolor "Ohne Titel" ["Untitled"]: called at: € 10,000; sold for: € 62,000 and the parquetry picture "Grün-Blau-Rot" ["Green-Blue-Red"]: called at: € 20,000; sold for: € 58,000).
Impressive results in the main auction were achieved by such contemporaries as (Emil Schumacher - "Lamatan": estimate: € 100,000; sold for: € 140,000; Markus Lüpertz - "Diptychon ...": estimate: € 100,000; sold for:    € 135,000 and Fritz Winter - "Große Komposition vor Blau" ["Large Composition against Blue"]: estimate: € 70,000; sold for: € 130,000) as well as by the classics.

Emil Nolde, represented by half a dozen works, all of which did brilliantly, was not just responsible for the highest hammer price, for the watercolor "Tiefblaues Meer..." ["Deep Blue Sea ..."] (estimate:  € 130,000; sold for: € 270,000), but also sound gains with "Heuboote im Fahrgraben" (estimate: € 90,000; sold for: € 130,000) and "Mädchenkopf" ["Girl's head"] (estimate: € 80,000; sold for: € 95,000).
Roughly 90 per cent of the lots at the Hamburg auction of Old Masters and Modern Art / Marine Art , which achieved overall proceeds of approx. € 1.6 million, were in the segment carrying estimates of up to € 10,000, which made this auction particularly attractive for young collectors and first-timers. Here, too, estimates were greatly exceeded (see below).
Known for producing more than respectable sales, the Rare Books - Manuscripts - Auto-graphs - Decorative Prints section lived up to its well-earned reputation this spring: classics such as the Heinrich Vogeler cycle "An den Frühling" ["To Spring"] (estimate: € 20,000; sold for: € 32,000) and works on botany, including Mark Catesby's book on plants (estimate: € 12,000; sold for: € 26,000), were highly appreciated by bidders. The handsome increases over the estimates are exemplified by a 16th-century illuminated initial, which had caused a stir at the beginning of the auction. Carrying an estimate of € 800, it was bid up to the dizzy heights of    € 20,000. The overall proceeds, amounting to c.   € 1.2 million from this auction alone, represent a good indicator of the respectable prices achieved at the Hamburg book auctions. "These results justify optimism as a reliable indicator for the autumn auction," thus Christoph Calaminus, head of the division.
Special attention goes to the Old and New Masters / Marine Art section, to which not just a separate catalogue is to be devoted at the autumn auction but it is to be a pivotal event as an auction of its own. The acquisitions team has been enlarged for the occasion and, in the person of the distinguished art historian Harald Weinhold, additional expertise will be available in Munich.
Since it was founded in 1954, Ketterer Kunst has been firmly established in the front ranks of auction houses dealing in art and rare books. The Munich headquarters plays a leading role with two annual auctions of Modern Art. In Hamburg two auctions a year are devoted to Rare Books - Autographs - Manuscripts - Decorative Prints. Two auctions of Old and New Masters / Marine Art  and two auctions of Modern Art are also to be held here twice annually. 
Since it was founded in 1954, Ketterer Kunst has been firmly established in the front ranks of auction houses dealing in art and rare books. The Munich headquarters plays a leading role with two annual auctions of Modern Art. In Hamburg two auctions a year are devoted to Rare Books - Autographs - Manuscripts - Decorative Prints. Two auctions of Old and New Masters / Marine Art  and two auctions of Modern Art are also to be held here twice annually. 

TOP THREE in each division
Modern Art - Munich
Spring 2005   Spring 2006
     
Georg Kolbe   Emil Nolde
Cathedral. c 1922/23   Deep Blue Sea
Estimate: € 50,000   Estimate: € 130,000
Sale price: € 98,000   Sale price: € 270,000
     
Emil Nolde   Amedeo Modigliani
Poppy and White Lilies   Cariatyd
Estimate: € 80,000       Estimate: € 65,000
Sale price: € 92000   Sale price: € 205,000
     
Franz von Stuck   Oskar Schlemmer
Helena. 1909   Play with Heads
Estimate: € 60,000   Estimate: € 120,000
Sale price: € 91,000   Sale price: € 190,000
     
    Leo Putz
    Portrait of a Lady
    Estimate: € 40,000
    Sale price: € 190,000
     
 
Modern Art - Hamburg
     
Pablo Picasso Pablo Picasso
Françoise   Portrait de Jacqueline...
Estimate: € 22,000   Estimate: € 18,000
Sale price: € 33,000 Sale price: € 43,000
     
Karl Schmidt-Rottluff Jörg Immendorff
White Narcissi   Hutmuseum (Beeman)
Estimate: € 10,000   Estimate: € 9,000
Sale price: € 28,000 Sale price: € 37,000
  
Friedrlich Karl Gotsch F. Ahlers-Heestermann
Danish Girl   Watermill
Estimate: € 18,000   Estimate: € 12,000
Sale price: € 25,000 Sale price: € 35,000
  
Rare Books - Manuscripts - Autographs - Decorative Prints - Hamburg
     
Latin and French
Book of Hours
Heinrich Vogeler
To Spring
Estimate: € 60,000   Estimate: € 20,000
Sale price: € 48,000   Sale price: € 32,000
   
Gart der Gesundheit Johann Baptist Homann
 
  Großer Atlas Uber die Gantze Welt
Estimate: € 20,000   Estimate: € 24,000
Sale price: € 22,750 Sale price: € 26,000
   
Miró, Joan Mark Catesby
Trois Livres de Poèmes   Hortus Europae Americanus
Estimate: € 6,000   Estimate: € 12,000
Sale price: € 16,000 Sale price: € 26,000
     
 
Munich, June 29, 2006