FOR 65 YEARS GLOBAL EXPERT IN GERMAN ART

WE VALUE YOUR ARTWORKS IN 2018 ’S MOST SUCCESSFUL AUCTIONS TOOK AGAIN PLACE AT KETTERER KUNST.

THIS WAY WE OUTPACED THE ENTIRE GERMAN COMPETITION AND MOVED UP TO PLACE 16 WORLDWIDE. 2018 – THE MOST SUCCESSFUL YEAR IN THE HISTORY OF THE FAMILY BUSINESS KETTERER KUNST

Dear Friends,

2018 was another excellent year for our auction house!

We know very well how important it is for a family enterprise like ours to find and maintain its clear position on the market. It is this very awareness that always helps us to attract new client groups. Accordingly, we owe our success to both our staff and our clients.

For the future we are determined to remain a trendsetter. The growing numbers of our online sale, where we sell 30 % of all our objects, are just one example of our inno vativeness. This is a decisive competitive edge for an internationally active auction house that ranks among the global top 20. Over the past ten years we tripled our sales. Realizing international records on a regular basis, we have become Germany’s fastest growing auction house. Naturally, our consignors benefit the most from this development.

Working at the highest possible scientific level will remain a key aspect of our busi- ness success, as the value of an art object is increasingly determined by its prove- nance. We have felt obliged to meet these high quality standards since 1954, some 65 years by now.

If you currently plan to sell your art objects, I would like to cordially invite you to contact me personally.

We are already looking forward to seeing you at our auctions in June and December 2019!

With all the best wishes from Munich –

Yours, Robert Ketterer

KETTERER KUNST REVIEW 2018

GÜNTHER UECKER POETIC ENERGY IN AN OSCILLATING ROSE

“Zärtlicher Garten” (Tender Garden) occupies a very special position among Uecker‘s large-format nail pictures, which are his most sought- after works on the international auction market, as ever new record pri- ces deliver impressive proof of. It is a unique and experimental work in many respects. There is, of course, the color, singular in Uecker’s oeuvre, EXPERT OPINION a kind of rose, iridescently oscillating in various shades, interspersed with fray parts and characterized by a tangible, three-dimensional depth.

On the other hand, in comparison with Uecker’s works from the 1960s, the arrangement of the nails in this work is unusually dynamic. Their dense and undulating layout already hints at later creations titled “Feld” (Field) and “Woge” (Wave). However, Uecker still employs a rather loose arrange- ment of medium-sized nails with small heads, instead of the compacted order of tall nails with big heads, typical of his later works. The brute and immediate dynamic of his later Field- and Wave Pictures is contrasted with a gentle, almost poetic energy: an “impertinent tenderness”.

“I have never regarded myself as an aggressor. The aggression I am imputed to does not exist. It is tenderness with a certain impertinence, a kind of intrusiveness. This tenderness is a longing for love.” Günther Uecker, quote after: www.ndr.de/kultur/geschichte/koepfe/Guenther-Uecker-Viele- Naegel-grosse-Kunst.

In terms of abstraction, the “Zärtliche Garten” perhaps is the most figura- tive and most pictorial work in Uecker‘s oeuvre, as it reveals – depending on the observer‘s position – two abstract reclined nudes that face each Dr. Melanie Puff initially pursued a other, represented by the nails’ density and the background’s intensive, career as curator after she had earned her doctor‘s degree in Art and Cultural almost pink coloring. Science, and spent a year as trainee in This is what seems to have likewise impressed Ketterer’s clients: In the the Curatorial Department of Painting & Sculpture at the Museum of Modern auction six domestic and international bidders competed for the work, Art in New York. However, she soon eventually they drove the price from an estimated 600,000 to 800,000 felt deep interest in the art market and euro to a result of 1,462,500 euro – around twice the valuation price. all the diversity it has to offer. She has Ketterer once more underlined its leading position in German Post War been active as Art Adviser for national and international clients for some 15 Art. Especially for works from Uecker, it has established a market that years and also runs the art market ana- GÜNTHER UECKER maintains a strong performance on both a national as well as on an inter- lysis platform “The Art Market News- national level. mag”. What she values most about Zärtlicher Garten. 1964 working for Ketterer is the privilege to Nails and paint on panel establish ties between collectors and 154 x 153 x 9.5 cm (60.6 x 60.2 x 3.7 in) the art market, as well as the opportuni- ty to present such remarkable works RESULT: € 1.5 MILLION as the above-mentioned one by Uecker to the public and to promote them with maximum performance. KETTERER KUNST REVIEW 2018

EMIL NOLDE FIRE-SPITTING CLOUD CREATURES

Perhaps it is the picture‘s depth or the strong and bright colours, the shimmer and the reflections of light and oil paint itself that stirr in me such an immense fascination when I look at the painting “Herbstwolken, Fries- land” from the great . And I am definitely not the only one who feels this way! I often heard in the many onversation with visitors at our auction preview sentences like: “I could look at it for hours, over and over again“. If you add the remarkable list of exhibitions, the one-of-a-kind pro- venance, and Nolde‘s concept of nature as well as his personal relation to the painting, it becomes obvious that: This is a nothing less than a top EXPERT class masterpiece! OPINION

Professor Dr. Manfred Reuther, longtime director of the Emil Nolde Foun- dation Seebüll and the most acknowledged expert of the painter world- wide, stressed the importance of “Herbstwolken, Friesland” in a talk at the Munich headquarters of Ketterer Kunst. This was a very special moment for me. There is no one else besides Prof. Reuther who has got such profound knowledge on the oeuvre of the German Expressionist. The audience was fascinated by his explanations of the effects the Frisian nature had on the painter: How Nolde saw mystical creatures in the cloud formations, the sky and the sea, and how he expressed this in his paintings, such as in the present one. “Don‘t you agree that that the clouds possibly form two primal, fire-spitting creatures?” thus Prof. Reuther asked. The scene shows a view onto the lake Hülltoft Deep from a window of Nolde‘s house in Seebüll. To Nolde this motif was of prime significance. Nolde had discarded an earlier painting with the same view, however, he saw the need to eventually return to the motif of the mystical autumn EMIL NOLDE clouds, which he did in the present in the work. Herbstwolken, Friesland. 1929 It was this very fascination that made Bernhard Sprengel, founding father Oil on canvas of the museum in , fall for this picture. Searching for a particularly 73.5 x 106.5 cm (28.9 x 41.9 in) special work by Emil Nolde, Sprengel acquired this oil painting in 1941. RESULT: € 1.7 MILLION The emerged from the art patron‘s private collection Christiane Gorzalka, daughter of an artist couple, grew up surrounded by of Expressionist and Modern Art. However, the collection did not include sculptures and paintings and felt close- “Herbstwolken, Friesland“, as Sprengel held it back in order to give it to ly connected with art from an early a close relative as a present. Sprengle supposedly asked the presentee point on. After she had completed her “Are you aware that you own one of the finest works by Nolde in Germany?”. studies of Art- and Cultural History in Maastricht, she earned her master’s Professor Dr. Manfred Reuther added that, in his opinion, the painting degree in Culture, Media & Creative In- must have meant a lot to Sprengel. dustries at King’s College in London in cooperation with Tate Modern Gallery. The price of 1,700,000 Euro, bid by my phone bidder in the auction on Her professional career began in the December 8, definitely confirms the painting‘s exceptional importance. London art trade where she had been When I raised my hand to communicate her final bid to the auctioneer, I felt active for an international auction house the audiences’ suspense, as they witnessed how lot 822 “Herbstwolken, for several years before she came to Ketterer Kunst in Munich in the fall of Friesland” changed owners. 2017. KETTERER KUNST REVIEW 2018

GERHARD RICHTER THE REALITY IS BLACK-AND-WHITE

Next to the large-size “Abstract Pictures”, Richter’s black-and-white photo pictures from the 1960s count among his internationally most sought- after works. Now one of these remarkable works was sold for a million euro in our autumn auction. EXPERT The slightly blurred portrait of the Rhineland businessman and acclaimed OPINION art collector Willy Schniewind is part of a small series of portraits that Richter made on the initiative of the legendary gallery owner Alfred Schmela, Düsseldorf, for his first solo show in September 1964. The series, initially comprising just eight portraits, was based on three portrait pictures from 1964 that show Alfred Schmela himself. They were made after passport photographs and photos from gallery openings as a sort of promotional material for the gallery. The first version of “Portrait Schmela” was sold at Sotheby’s London for around 4.6 million euro in 2015. A year earlier another version was gifted to the Art Collections North Rhine-Westphalia from the art historian Viktoria von Flemming.

The portrait of Willy Schniewind is one of the first two portrait commissions that were made subsequently to the three portraits of Alfred Schmela. Next to two versions of the “Portrait Dr. Knobloch“, showing the Krefeld gynecologist Dr. Gisela Knobloch, of which one was acquired by the State Art Collections Dresden in 2009 and the other, according to the catalog raisonné, is considered destroyed, Richter made a total of three versions of the “Portrait Schniewind“.

Another version of the “Portrait Schniewind“, which comes, just as it is the case with our work, from the important private art collection of Fänn and Willy Schniewind, was sold at Sotheby’s London for around 1.43 million Karoline Tiege initially earned her master‘s degree in Art History, Socio- euro to a private collector in 2010. The third version used to be in posses- logy and Philosophy from the Julius- sion of the “ZERO” artist Günther Uecker and is now part of the renowned Maximilians-University in Würzburg, Fisher-Collection, one of the largest private collections of American and and gained first work experience in the German Art from after 1960, and is on display at the Museum of Modern art department at the auc- Art in San Francisco. tion house Hauswedell & Nolte. In the following she was active for a German insurance company as an art insu- rance expert, at first in Hamburg and later in Frankfurt. Her fascination for art led her back to the art trade and she has been working for the Department GERHARD RICHTER of Contemporary Art at Ketterer in Mu- Portrait Schniewind. 1965 nich since August 2017. Oil on canvas 120 x 88 cm (47.2 x 34.6 in)

RESULT: € 1 MILLION KETTERER KUNST REVIEW 2018

KONRAD KLAPHECK MIRROR OF MAN

There it is, displayed in discreet simplicity, sporting its individual com- ponents in an elegant plainness in front of a reduced background. In “Royal” Konrad Klapheck ennobled a simple typewriter by making it sub- ject of his art. This early machine picture was followed by many paintings of technical devices.

“Royal” is the second typewriter ever that Klapheck painted, and this EXPERT early work is an impressive document of how the artist attained his very OPINION own representational style within surroundings were the Informel was the prevailing tendency. Instead of expressive gestures, he captured a simple device in an extremely realistic representation on the canvas, a gimmick that adds a sort of individualism to it. In later works Klapheck emphasizes the characteristic trait of his art with respective titles (e. g. “Der Chef/The Boss”), thus adding male or female connotations.

What makes this work so special is, on the one hand, its simplicity, and on the other hand, it is, as the title suggests, the regal presence that the typewriter emanates. This was the first time that one of the early typewriter paintings was offered on the auction market. The combination of a unique artistic signature, a list of remarkable exhibitions, and the expertise our house has when it comes to top-class artworks, led to a new record price for a work by the artist on the international auction market.

Julia Haußmann studied Art History, Political Science and Theology in Munich. After she had gained first working experience at various galleries KONRAD KLAPHECK she was active as assistant of the Royal. 1957 management at the ‚Kunsthalle der Oil on canvas Hypo-Kulturstiftung‘ in Munich. Interrupt- 70 x 80 cm (27.5 x 31.4 in) ed by two short parental leaves, she has been active for Ketterer Kunst RESULT: € 525,000 since 2007. Auction World Record REVIEW 2018

WOJCIECH FANGOR B99. 1965 Oil on canvas 60 x 60 cm (23.6 x 23.6 in)

RESULT: € 200,000

GÜNTHER UECKER Nagelbaum. 1958 Welded nails mounted on stone base Ca. 36 x 47 x 5 cm (14.1 x 18.5 x 1.9 in)

RESULT: € 300,000 KETTERER KUNST REVIEW 2018

RUPPRECHT GEIGER FRANÇOIS MORELLET 351/60. 1960 5 trames de grillage 0° 18° 36° 54° 72°. 1971 Oil on canvas Mixed media. Iron wire grid over oil on panel 95 x 91 cm (37.4 x 35.8 in) 80 x 80 x 3.4 cm (31.4 x 31.4 x 1.3 in)

RESULT: € 160,000 RESULT: € 200,000

GÜNTER FRUHTRUNK IMI KNOEBEL Enge-Höhe-Tiefe-Breite. 1980 Anima Mundi 41-5. 2015 Acrylic on canvas Acrylic on aluminum 194.5 x 259 x 6 cm (76.5 x 101.9 x 2.3 in) Each 37 x 29 x 5.8 cm (14.5 x 11.4 x 2.2 in) RESULT: € 170,000 RESULT: € 145,000 Auction World Record KETTERER-INTERNET-AUCTION.COM

In 2008 we recognized the importance of online sales, ever since our monthly online sale of quality art has contributed to this development and is now an integral part of our business concept.

Today the online department is our house’s fastest growing division – ONLINE ONLY permanently yielding remarkable CONSIGN NOW price increases.

ONLINE AUCTIONS DODO (D. I. DÖRTE CLARA WOLFF) Geldfragen, 1928, Watercolor and graphite, 40 x 30 cm (15.7 x 11.8 in) ARE THE FUTURE. Result: € 13,001 AND KETTERER KUNST DEFINES IT.

GÜNTER FRUHTRUNK Krümmungen, 1960, Acrylic on Fiberboard, 26.7 x 26 cm (10.5 x 10.2 in) Result: € 26,001

GOTTHARD GRAUBNER GÜNTHER UECKER Ohne Titel (Kissenbild grün-grün), 1970, Strömungen, 2016, Embossing Print, Mixed Media, 55 x 46 cm (21.6 x 18.01 in) 74.4 x 55 cm (29.2 x 26.6 in) Result: € 27,001 Result: € 10,002 KETTERER KUNST REVIEW 2018

GEORG BASELITZ DANCE OF HEROES

Powerful – yet tender and poetic is the “Mäanderlied (28.VII.91/2.VIII.91)” by Georg Baselitz from 1991. In the early 1990s Baselitz picked up motifs from his earlier ‘Hero Pictures’, now illustrating them in an airy manner and upside down. Two ovals, formed from Baselitz‘s black shoe prints, dominate the center of the large-size canvas that “Mäanderlied” was executed on. Pacing the canvas off with his footsteps, Baselitz seizes EXPERT the white image surface step by step. This strong composition, gaining OPINION its special effectiveness through the contrast between the light parts of the canvas and the dark pictorial elements, is completed by a suspense- ful color canon of rose and green. The formal arrangement of the artist‘s footprints evoke associations of a wreath of radiant lights and charge the picture‘s expressiveness with an energetic aura.

After we had sold the painting “Zwei halbe Kühe“ for 900,000 euro last year – the highest price ever realized for a Baselitz painting on the German auction market, we were able to underline our position as expert in Ger- man 20th Century Art with another record price for a work by the artist. The painting from the former ownership of the publisher Alfred Neven DuMont was eventually sold to a German private collection after a fierce international bidding skirmish.

Bettina Beckert has been active in the art business for 25 years. After she had studied Art History, Modern History and English Literature in Munich she be- gan to work as an expert for Modern Art at Ketterer Kunst. From 2004 to 2006 she held a post as director of the Columbus Art Foundation. She subsequently returned to the Munich art business and was active as a free- lance journalist in the Art & Art Market Department of a large German business journal. In 2015 she returned to Ketter Kunst, initially active in the Department of Modern Art – she contributes all her GEORG BASELITZ expertise to the Department of Post Mäanderlied (28.VII.91/2.VIII.91). 1991 War Art since early 2018. Oil on canvas 287 x 229 cm (112.9 x 90.1 in)

RESULT: € 660,000 KETTERER KUNST REVIEW 2018

WILHELM LEHMBRUCK PAYING OBEISANCE TO A GRACEFUL BEAUTY FORMED IN STONE

I take a bow to this extremely rare cement cast from Wilhelm Lehmbruck, which is one of the most famous expressionist creations by the artist. I am particularly happy that it finally returns to its home country after more than EXPERT 100 years. What an exciting century it has been witness to. There were OPINION thrilling changes of ownership, it became acquainted with renowned collectors and expert, both in Germany as well as abroad. The extensive research we conducted regarding its origin and the results it produced kept us on our toes all the way to the day of auction. Now this graceful beauty, whose existence and condition is, in consideration of the long journey and the delicate material, even more astonishing, has finally come home.

I also bow to Wilhelm Lehmbruck – the sculptor who is deservedly regar- ded a pioneer of 20th Century Sculpting, and who was able to partake in renowned exhibitions all over the world during his lifetime while always maintaining close contacts with other great artists and acclaimed collec- tors. Unfortunately, the great success and appreciation he experienced did not help him to cope with the atrocities of the war he had experienc- ed, which is why he eventually decided to put an end to his life at a rather early point.

It is despite or perhaps because of the great international recognition for Wilhelm Lehmbruck‘s oeuvre that I am so happy to see how his finest works find their way home into the most acclaimed national collections. WILHELM LEHMBRUCK Gebeugter weiblicher Torso. 1912/13 As the leading German auction house it is one of our key strengths to Miriam Heß has been evaluating Art Cement cast, base with red brown patina of the 20th and 21st Century for Ket- fully exhaust our global research opportunities with great perseverance Mounted on a wooden plate all the way to the end, in order to guarantee our clients the most complete terer Kunst with great commitment for more than 15 years. Located near Height: 90 cm (35.4 in) provenance, as well as best possible history behind the artwork. Heidelberg, she has been in charge of RESULT: € 375,000 the representation for Baden-Württem- berg, Hesse and Rhineland-Palatinate since 2007. The long-standing and trust ful cooperation and her location in the immediate vicinity of our clients has led to close relationships which she enjoys most about her job. KETTERER KUNST REVIEW 2018

E. L. KIRCHNER Haus auf der Staffel. 1918/19 Oil on canvas 28 x 32.5 cm (11 x 12.7 in) Gelbe Häuser. 1909 Oil on board RESULT: € 400,000 53.5 x 49.5 cm (21 x 19.4 in)

RESULT: € 300,000 KIRCHNER’S QUEST FOR INSPIRATION IN ISOLATION

In June and August 1917 Ernst Ludwig Kirchner rented a little hut on the Stafelalp. Severely impaired by his medication addiction, Kirchner saw the remoteness in the Swiss mountains as his last chance for a both mental and physical recovery. With the help of his fiancee Erna Schilling, Kirchner was able to find his way back to the very creativity that was characteristic of his creation during the Dresden and years. These years yielded some of his most significant works, among them our painting “Haus auf der Staffel“. It is one of the first works that Kirchner made in Switzerland and is of key relevance for the development of style and motifs during his Davos years. A tremendous gem for every Kirchner collector and lover of .

EXPERT Owing to the remarkable research our cataloging department conducted in close cooperation with the Kirchner archive, renowned Kirchner OPINION experts and art-historical research institutions we were able to document this work‘s uniqueness, which eventually led to a bidding fight Sandra Dreher studied Art History, between half a dozen collectors and a result of twice the estimated price. Theater Studies and Literature with a focus on 20th Century Art. She has It is crucial to us to explain our consignors the current market situation before making the decision to sell, as it is the only way to settle on been active for Ketterer for three years. an estimate price in line with real market opportunities. What does that mean? Market opportunities do not only refer to the objective of Since June 2017 she attends to the Department of Modern Art – together merely selling the work, but to realize the best price possible. This is our top priority, and the sale of Kirchner‘s painting once more proved with her colleague Christiane Gorzalka. this approach to be right. KETTERER KUNST REVIEW 2018

LOVIS CORINTH Chrysanthemen im Krug. 1918 Oil on canvas 71 x 50.5 cm (27.9 x 19.8 in)

RESULT: € 300,000

EXPERT OPINION

CORNELIA SCHLEIME Liebeslohn, 2007 Acrylic, shellac and asphalt varnish on canvas 200 x 160 cm (78.7 x 62.9 in)

RESULT: € 30,000 Auction World Record Barbara Guarnieri gained first work experience at several auction houses LOVIS CORINTH while she was studying Art History, Romance Philology and Archaeology. MASTERLY CONJOINT OPPOSITES Fascinated by the auction world, she began to work for the Hamburg branch of Ketterer Kunst in early 2000. Bet- I was fascinated by the painting of the flower still life at first sight. From a rational perspective one could ask: “Why, it‘s just a flower still life?” ween 2008 and 2015 she was in Well, but where does the fascination come from? In my opinion it is for the contrasts that Lovis Corinth combines in this work with such charge of the Departments of Modern and Contemporary Art at the Swiss great mastery that make it such an inimitable masterpiece. auction house Koller. Along with the He created the still life in a breathtaking dynamic with a pastose brushstroke and in his characteristic, powerful manner. At the same time ex perience gained at a renowned in- surance company, the expertise of the it is particularly captivating for its masterly tenderness and haptic presence. He uses strength and delicacy, dynamic and calmness, bright Italian native was particularly coined by white and a dark sfumato background to create an electrifying arc of suspense which finds support in the brilliant composition. The flowers her activities on the German and inter- in the vase stretch out into the upper left half of the picture. With great poise Corinth guides the observer‘s view to the unknown image national art market. With a great deal of space that opens up behind the vase, and creates yet another contrast: The known and the unknown face to face. The choice of flowers enthusiasm for art and a feel for our clients’ needs and wishes, Barbara is also well attuned to the work‘s overall impression, as Corinth picked red and white chrysanthemums, a contrastive couple that adds ever Guar nieri returned to our Hamburg more tension to the work – red chrysanthemum stand for love while the white ones represent death! branch and is now active as represen- tative for Italy, Switzerland, France and I am delighted that this impressive painting with all its power and meaning fascinated our clients, too and that we were able to realize such the Benelux Union. a high result. KETTERER KUNST REVIEW 2018

FRANZ VON STUCK Amazone, 1897 Bronze, with gold and dark brown patina 34 x 17.3 cm ( 13.4 x 6.8 in)

RESULT: € 50,000

MAX LIEBERMANN Zwei Reiter in der Allee bei Sakrow Presumably 1924 Oil on canvas 63.5 x 75 cm (25 x 29.5 in)

RESULT: € 300,000

OTTO DIX Gletscher im Engadin. 1938 Mixed media on fiberboard 80 x 70 cm (31.4 x 27.5 in)

RESULT: € 400,000 KETTERER KUNST REVIEW 2018

CARL SPITZWEG Am Sonntagmorgen. 1851/1855 Oil on canvas, laid on board 22.8 x 15.2 cm (8.9 x 5.9 in)

RESULT: € 90,000

JOHANN WILHELM PREYER Früchtestillleben. 1882 Oil on panel 23.8 x 32 cm (9.3 x 12.5 in) EXPERT OPINION RESULT: € 40,000

CARL SPITZWEG TIMELESS SITUATIONAL HUMOUR BY A GREAT OBSERVER

His waggishly pointed Biedermeier image worlds made Carl Spitzweg one of the most acclaimed German humorist painters of the 19th century. Eva Lengler studied Art History, Eng- The artist allows the observer to sneak a peek at the bourgeoisie idyll from a typical peep-box-perspective – inhibited by poor poets, knitting lish Literature and Archaeology in Würz- soldiers and quirky gardeners. burg and Cologne. After she had com- pleted an internship with an art trading The timeless appeal his neatly drawn characters have up until today is impressively illustrated by the colorful work “Am Sonntagmorgen” from a company in Munich she was active for Southern German private collection, which we offered in our auction on November 23. In an intimate portrait format, Spitzweg shows the angled a London auction house for several years. In 2015 she joined the Catalo- garden of a middle-aged man reading his paper in the morning sun. However, something seems to bemuse him. Looking above his paper, he ging Department at Ketterer Kunst. In sees a small black bird on a cornice pertly looking back at him. January 2017 she began to contribute her expertise to the Department of 19th Capturing moments filled with heartiness and with a certain comic situation were Spitzweg‘s trademark and his secret of success. In the light Century Art. of the positive auction result, I am particularly delighted that the charm of his works has not faded at all after more than 150 years.

KETTERER KUNST REVIEW 2018

IVAN AIVAZOVSKY ATMOSPHERICAL BRILLIANCE: THE RUSSIAN WILLIAM TURNER

Ivan Aivazovsky was a true painter of the sea, it was his element and EXPERT leitmotif. Whether rough and stormy or calm and peaceful, he painted the OPINION sea in all its splendor and magnificence. There was no other artist be- sides him who was able to paint the sea the way he did. Born on the Crimea on the shores of the Black Sea, Aivazovsky experienced the sea from an early point on, and he became familiar with the forces of nature. Throughout his entire life he created more than 4,000 seascapes.

Through his paintings the artist teaches us the character of the sea. The observer immediately looses himself in his scenes. Aivazovsky underlines his artistic brilliance with the gently shaded nuances of the reflections on the surface of the water, the airiness of the towering clouds and a light that fills the entire image space. The scene evokes a longing within the observer, a longing that this perfect moment of peace may never go by. This is one of the most striking characteristics of his artworks, and also what distinguishes him from others. He had always been admired by the audience in his home country Russia, and up until today Aivazovsky’s IVAN AIVAZOVSKY works guarantee successful sales. Ruhige See. 1887 Oil on canvas 65.3 x 98.5 cm (25.7 x 38.7 in)

RESULT: € 200,000

Sarah Mohr studied Economics and Art History with a focus on German and English 19th Century Painting in Munich. After she had been active in the international auction business she joined Ketterer Kunst in 2011, as she sees diverse artworks, the interaction with clients and the art market’s dyna- mic at the heart of her professional passion. KETTERER KUNST REVIEW 2018

KOLOMAN MOSER Blick auf die Rax von der Villa Mautner v. Markhof im Abendlicht Around 1913 Oil on canvas 36 x 48.9 cm (14.1 x 19.2 in) KARL HAGEMEISTER RESULT: € 200,000 Schwere See. Around 1913 Oil on canvas 105 x 165.3 cm (41.3 x 65 in)

RESULT: € 55,000

HERMANN PLEUER Stuttgarter Westbahnhof in der Abenddämmerung. 1899 Oil on canvas 59 x 76 cm (23.2 x 29.9 in)

RESULT: € 55,000 Auction World Record KETTERER KUNST REVIEW 2018

ALFONS WALDE Aurach bei Kitzbühel. 1926/1928 JOSEF SCHARL Oil on board Der Abend. 1925 59.5 x 42 cm (23.4 x 16.5 in) Oil on canvas RESULT: € 525,000 158 x 52.5 cm (62.2 x 20.6 in) RESULT: € 150,000 Auction World Record

KETTERER KUNST REVIEW 2018

ERNST WILHELM NAY Purpurmelodie. 1951 Oil on canvas 90 x 126 cm (35.4 x 49.6 in)

RESULT: € 500,000

TONY CRAGG Point of View. 2002 Bronze with dark brown patina Ca. 252 x 200 x 145 cm (99.2 x 78.7 x 57 in)

RESULT: € 660,000 Auction World Record KETTERER KUNST REVIEW 2018

ASGER JORN Cent défauts. 1967 Oil on canvas 99 x 130 cm (38.9 x 51.1 in)

RESULT: € 300,000 ROBERT RAUSCHENBERG County Sweep (Galvanic Suite). 1989 Mixed media. Acrylic and lacquer over galvanized steel 123 x 305 cm (48.4 x 120 in)

RESULT: € 540,000

KETTERER KUNST REVIEW 2018

KATHARINA GROSSE Ohne Titel. 2010 Acrylic on canvas 247.5 x 174 cm (97.4 x 68.5 in)

RESULT: € 275,000

EXPERT OPINION

FRITZ WINTER Triebkräfte der Erde. 1944 Oil on paper KATHARINA GROSSE 29.5 x 21 cm (11.6 x 8.2 in), the full sheet

MASTER OF NON-OBJECTIVE PAINTING RESULT: € 200,000

We were lucky to get two works from Katharina Grosse for what was our to date most successful sale of Contemporary Art on June 9, 2018. With two obviously very different motifs, they were made over a time span of 13 years, both works are particularly captivating for their im- mediate expressiveness. With her much sought-after artworks, the master of non-representational painting, who had reached her rank as an acclaimed contemporary artists years ago, she has been breaking her own record prices over and over again. Form an art-historical per- Undine Schleifer studied Art History spective her works are located somewhere between American Color Field Painting and Land Art, additionally, the influence of her teachers and Political Science at the University Gerhard Richter and Gotthard Graubner can be observed. Katharina Grosse stands for a painting concept that accepts no hierarchies and of Kiel, and gained first experience in that almost avails itself of anarchy. the art trade. Subsequently she earned her master’s degree in Modern and Apart from mainly German bidders who got involved in the bidding fight for the painting from 2010, we also received commissions from Con temporary Art at Christie‘s in Lon- several international bidders – one even came as far as from South Korea. Eventually it found a new home with a German collector present don in cooperation with the University in the saleroom, who stood his grounds through the bidding race and was able to relegate competitors to second place and beyond. Our of Glasgow. She has been active for Ketterer Kunst in the Department of sale saw a typical auction result for a work from Katharina Grosse: Even though her art is sold with great success at international auctions, Post War/Contemporary Art for six the highest prices, however, are always realized in Germany. Ketterer Kunst, for instance, was able to fetch two record prices for the artist years, in early 2018 she became head in Germany. of the department. KETTERER KUNST REVIEW 2018

GERHARD RICHTER GERHARD RICHTER Grün-Blau-Rot. 1993 Rhombus. 1998 Oil on canvas Oil on panel 29.7 x 39.8 cm (11.6 x 15.6 in) 24 x 28 cm (9.4 x 11 in)

RESULT: € 260,000 RESULT: € 325,000

EXPERT OPINION

GERHARD RICHTER TRANSCENDENTAL AND RELIGIOUS DIMENSIONS UNITED

Gerhard Richter’s ‘Rhombus’ from 1988 is a prime example of the abstract works from Germany’s most successful artist. Originally part of a series of paintings made for a sacred space and today in possession of the Museum of Fine Arts in Houston, Texas, the picture sold here is the only Stefan Maier discovered his love for rhomb-shaped work offered on the international art market. art in his early childhood on numerous museum visits with his family and went In the article “Der Meister der Indifferenz” (Master of Indifference), released on ‘Weltkunst Online’ on to study Art History in Munich and on February 9, 2017, Eckhart Gillen wrote as follows: “On the one hand, Richter believes a Berlin. He set up his own gallery in Dres- painting should ‘at least come very close’ to the faith in a transcendent world, while he is, at the den in 2003 following a long-term posi- tion at the Prussian Palaces and Gar- same time, well aware of the fact that this religious dimension of painting has been secularized dens Foundation Berlin-Brandenburg, ever since the period of Enlightenment. However, he clings to the idea that there is a common as well as various interior design pro- GERHARD RICHTER faith in art as a ‘›religio‹, ›reversion‹, ›bonding‹ to the incognizable, the supra-rational and supra- jects and almost three years as assis- Fuji. 1996 being‘. […] [Richter] confirms that the ‘Abstract Pictures’ – despite the deconstruction of the tant and director at an art consultancy Oil on alucobond firm. At around the same time an inter- pictorial aura through an artistic process of coincidence and transparency – put him in an elegiac 37.5 x 29 cm (14.7 x 11.4 in) national corporation recruited him to mood. Effects and receptions his pictures evoke remain just as ambivalent as the doubts and its council of art advisers, to which he RESULT: € 300,000 hopes of their creator.” renders valuable services to this day. KETTERER KUNST REVIEW 2018

FRITZ WINTER Später Sommer. 1960 Oil on canvas 135 x 145 cm (53.1 x 57 in)

RESULT: € 160,000

NORBERT KRICKE Raumplastik (Kleine Reux). 1961 Welded stainless steel rods, nickel-plated, on basalt base 32.5 x 26.8 x 25.5 cm (12.7 x 10.5 x 10 in) Base: 5 x 4.5 x 4.5 cm (1.9 x 1.7 x 1.7 in)

RESULT: € 125,000

KETTERER KUNST REVIEW 2018

GABRIELE MÜNTER LOVIS CORINTH Haus am Hang. Around 1940 Luzerner See am Vormittag. 1924 Oil on plywood panel Oil on canvas 38 x 45.8 cm (14.9 x 18 in) 62.5 x 75.8 cm (24.6 x 29.8 in)

RESULT: € 260,000 RESULT: € 375,000 KETTERER KUNST REVIEW 2018

AUGUST MACKE THE PLAY OF GLOWING COLORS

Interrupted by a trip to Tunis in spring 1914, spent the time between late September 1913 and the summer of 1914 with his family in Hilterfingen on Lake Thun. In retrospect, these few months are considered his best and happiest days, both as far as his private life and his artistic development are concerned. Initially influenced by his artist EXPERT OPINION friend , and later by Robert Delaunay’s style, he created works on Lake Thun that count among the best in Macke‘s oeuvre. His bright watercolors and oil paintings, in possession of acclaimed collections around the globe today, and his light-flooded works characterized by an impressive coloring have coined our idea of German Expressionism up until today.

Our watercolor “Begrüssung” also came into existence there. It shows a lake scenery with two women on a balcony in Macke’s typical bent-for- ward posture, greeting a man who lifts his hat to them. Macke realized a striking transparency and luminance in his watercolors. Executed in soft modulations and with airy contours, our work “Begrüssung“ is a marve- lous example of his mastery.

Up until today, more than hundred years later, the sheet still fascinates art lovers. It took a bidding fight of a couple of minutes before it changed owners for a remarkable result of 940,000 euro.

Dr. Simone Wiechers studied Art History in Marburg, where she initially held a position at the University of Mar- burg Museum for Graphic Art. Since earning her doctorate she has become deeply involved in the art business in Berlin. In early January 2015 she left her position as director with the art tra- der Dieter Brusberg and transferred to the Berlin branch of Ketterer and is well aware of her privilege in being so AUGUST MACKE close to collectors. At our branch in the Begrüssung (Thunersee). 1913 capital she, among others, curates Watercolor exhibitions of works from public and 31.8 x 26.7 cm (12.5 x 10.5 in), private collections. Her credo: »the the full sheet chemistry has to be right”. RESULT: € 940,000 KETTERER KUNST REVIEW 2018

ERICH HECKEL ERNST LUDWIG KIRCHNER Badende am Stein. 1914 Selbstporträt mit Gerda (Mann und Sitzende im Atelier). 1915 Oil on canvas Color pastel over charcoal 100 x 67 cm (39.3 x 26.3 in) 67.4 x 52 cm (26.5 x 20.4 in)

RESULT: € 625,000 RESULT: € 500,000

KETTERER KUNST REVIEW 2018

KARIN KNEFFEL 2008/8. 2008 Oil on canvas VICTOR VASARELY 110 x 140.5 cm (43.3 x 55.3 in) Dauve. 1977 RESULT: € 125,000 Acrylic on canvas 200 x 200 cm (78.7 x 78.7 in)

RESULT: € 350,000 KETTERER KUNST REVIEW 2018

ADOLF RICHARD FLEISCHMANN Composition #138x, 1959 Oil on canvas 99 x 79 cm (38.9 x 31.1 in)

RESULT: € 70,000

EXPERT OPINION

LYNN CHADWICK Maquette for R34 (Maquette for Stranger III), 1959 Bronze with dark brown patina 43.4 x 53 x 15 cm (17 x 20.8 x 5.9 in) RESULT: € 175,000 ADOLF RICHARD FLEISCHMANN THE FASCINATION OF LINES

Adolf Fleischmann was one of the most prominent representatives of abstraction in Germany and the USA after 1945. His recognition there was so strong that he could also be referred to as an American abstract painter. However, this admission has not been put into effect officially. With Mondrian as a source of inspiration, he was able to establish a reputation in the US in a short period of time. He was close friends with a number of American artists, among them Barnett Newman, the great representative of American Abstraction.

In late 1944 Adolf Fleischmann returned to the liberated city of where he found a completely devastated studio and the remains of just a few of his pictures. “I suffered a nervous breakdown.” But he picked himself up again and continued to work, establishing his own geo- metric style as of 1950. The closeness to Piet Mondrian can be observed, however, they strongly differ in terms of the use of colors. Over Ralf Radtke has been Ketterer Kunst’s the last 20 years of his life Adolf Fleischmann created a distinguished and stringent body of works. In his new home New York the then representative for the Rhineland region 60-year-old painted obsessively, creating pictures characterized by horizontal and vertical lines that show skyscraper architecture as a for thirteen years and tok over as head source of inspiration. of the Düsseldorf office in 2018. His focus is on post-war art, especially on Fleischmann was definitely not a representative of Op-Art, as he preserved a classic image concept, however, he was one of its precursors. the art of the Zero group, a field in which Our work “Composition # 138x“ is a prime example therefor. Adolf Fleischmann has never entirely fallen to oblivion, however, he has not he has gained some considerable ex- been met with the deserved recognition up until today. I am convinced that this will change, as Michel Seuphor said the following about pertise. He particularly likes the familiar atmosphere at Ketterer Kunst and he him: Fleischmann is one of Mondrian‘s very few successors. For years the range of offerings at Ketterer has included some of his high- feels strongly connected with the house. class works, and it is just to say that Ketterer made great contributions to the positive light he is seen in today. KETTERER KUNST REVIEW 2018

ENRICO CASTELLANI FRITZ KOENIG Superficie bianca. 1980 Camargue XIV. 1966 Acrylic paint on relief canvas Bronze 100 x 150 x 6 cm (39.3 x 59 x 2.3 in) 8 x 58.5 x 37.5 cm (3.1 x 23 x 14.7 in)

RESULT: € 300,000 RESULT: € 100,000

GÜNTHER UECKER Ohne Titel (Feld). 1967 Mixed media. Nails and paint JAN SCHOONHOVEN on canvas on panel R 70-1. 1970 43 x 43 x 5.5 cm Relief. Pigment and papier mâché on panel (16.9 x 16.9 x 2.1 in) 48 x 48 x 4 cm (18.8 x 18.8 x 1.5 in)

RESULT: € 300,000 RESULT: € 160,000 GÜNTHER UECKER Woge, Japan. 1995 Nails and paint, on canvas on panel 125 x 120 cm (49.2 x 47.2 in)

RESULT: € 825,000 A SERVICE OFFERED BY KETTERER KUNST REVIEW 2018

ART COLLECTION CONSULTING

FOR PRIVATE CORPORATE COLLECTORS COLLECTIONS

You have compiled a private art collection over the past couple of Your company is in possession of an art collection and you think years – and now you face the decision to see what direction it about possible changes? should take? There are many good reasons why a corporate collection should be adapted to meet the company‘s latest development. In an ideal Ketterer Kunst is at your side in all matters regarding a possible case a collection reflects corporate identity, takes the respective reorientation of your collection: Does it make sense to scale down? business sector as well as the product portfolio and the regional or Is it advisable to sell the collection or to give it to a foundation? De- international business areas into account. This general set-up can pending on the focus of your collection, a combination of different be affected by, for instance, a reorganization of the company, new measures can also make sense, for instance a stronger focus on heads at the management level, expansions and new business seg- single areas while selling other parts of the collection. ments, but also by an altered regional disposition. If these changes apply, it is recommendable to revise the corporate collection and to Our first consulting talk is absolutely free and non-binding. As part adapt it, both in terms of range and value. Ketterer Kunst is happy of the following expert advice (analysis and valuation, outlining poten- to help you redirecting your corporate collection. tial strategies and their respective implementation) we will prepare a custom-made offer. In order to express the character of your company, we can outline ALEX KATZ the potential directions your collection can take in a first free and Sunset 2. 2008 non-binding consulting talk. Oil on canvas Based on this talk, we will prepare an individual offer that allows for 122 x 168 cm (48 x 66.1 in) your corporate collection‘s needs. RESULT: € 275,000

CONTACT: Bettina Beckert [email protected] Tel. +49 89 55244 -140 KETTERER KUNST BERLIN REVIEW 2018

EXHIBITIONS 2018/2019

February 23 – April 29, 2018 LI TRIEB ARCHIVE OF MOMENTS - DRAWINGS, PHOTOGRAPHY, TEXTS

In her conceptually perceived ‘Archive of Moments‘ with impressive drawings, texts and photo- graphs, the artist Li Trieb traces the inspirational powers of the sky and the element water. In doing so she strictly takes formal determining factors into consideration. The seven months that she had spent in a Buddhist monastery in Thailand were formative for the artist. The graphic Li Trieb depiction of a fleeting event in nature takes months of her lifetime, a process she meticulously documents. Author and curator Ludwig Seyfarth delivered the opening speech.

June 28 – September 18, 2018 VISITING KETTERER KUNST: MUSEUM FÜR KONKRETE KUNST, INGOLSTADT

The focus of the MKK‘s collection is on bridging established and contemporary positions of non-representational, geometric art with a strong affinity for design and applied arts, which can be found in, for example, Constructivism, Bauhaus and De Stijl. The exhibition at Ketterer Kunst in Berlin showed highlights from the MKK that illuminated unusual aspects of Concrete Sergio de Camargo Art: neon colors, foldings, diversity of materials and the birth of the logo. Next to classics from Richard Paul Lohse, , Günter Fruhtrunk and Nelly Rudin, the exhibition comprised works from Gerold Miller, Ottmar Hörl and Haleh Redjaian. Dr. Simone Schimpf, director of the MMK Ingolstadt, delivered the opening speech.

October 12 – November 3, 2018 KARL SCHMIDT-ROTTLUFF AND MAX KAUS – TWO ARTIST FRIENDS

This exhibition highlights the friendship between two artists from the first and second generation of expressionists. Max Kaus met as early as in 1916 while he was serving as para- medic in World War I. Four years later he became acquainted with Karl SchmidtRottluff at the Free Secession. What the two artist had in common was their love of nature and a passion for figurative illustration. After a preview at Ketterer Kunst in Hamburg, the exhibition was mounted Max Kaus in Berlin. Christiane Remm, curator at the Karl and Emy SchmidtRottluff Foundation, delivered the NORBERT BISKY opening speech. Alle finden Anschluss. 2000 Oil on canvas February 22 – April 28, 2019 190 x 270 cm (74.8 x 106.2 in) LOTHAR QUINTE – COLOR CHORDS IN RETROSPECT RESULT: € 90,000

With a selection of works from the most important work groups since the 1950s, Ketterer Auction World Record Kunst shows an homage to one of the most exciting German representatives of Op Art. The oeuvre of the Grieshaber student is particularly captivating for its versatility, as Lothar Quinte reinventied himself and his fine art time and again. On occasion of the opening on February 22, 2019, Dr. Ulrike Lorenz, director at Kunsthalle Mannheim and designated president of Lothar Quinte ‘Klassik Stiftung Weimar’, will deliver the opening speech.

June 21 – September 15, 2019 HORST KUHNERT – CELEBRATING THE 80TH BIRTHDAY

He sought new ways to leave two- and three-dimensionality, and attained surprising solutions. On occasion of his 80th birthday, Ketterer Kunst in Berlin dedicates a retrospective to Horst Kuhnert. The exhibition will show a cross-section of the artist’s versatile creation. The key aspect of “space” in the oeuvre of Horst Kuhnert will be highlighted with the help of paintings, prints, drawings, reliefs and sculptures. Leane Schäfer, director of Kunstmuseum Gelsenkirchen, will Horst Kuhnert deliver the opening speech on June 21. KETTERER KUNST REVIEW 2018

HARTMANN SCHEDEL Chronicle, Nuremberg 1493

RESULT: € 147,600

LATIN BOOK OF HOURS Parchment manuscript, Bruges around 1460

RESULT: € 103,300 LATIN-FRENCH BOOK OF HOURS Parchment manuscript. Rouen around 1470

RESULT: € 78,700

MARIA SIBYLLA MERIAN Der Raupen Verwandelung. Nuremberg 1679-83

RESULT: € 51,700 KETTERER KUNST REVIEW 2018

JOHANN WOLFGANG VON GOETHE Die Leiden des jungen Werthers. Leipzig 1774

RESULT: € 22,800

WASSILY KANDINSKY Klänge. Munich 1913

RESULT: € 22,800 Paris sans fin. Paris 1969 JOHANN HEINRICH ZEDLER Universal-Lexicon. Halle and Leipzig 1732-50 RESULT: € 23,400

RESULT: € 20,900

KETTERER KUNST 3 STEPS TO SUCCESS

Selling art through Ketterer Kunst is your safe way to get the best result possible!

Not only did we establish our international client base over decades, we also register an average annual increase in new clients of around 20 %! Acclaimed museums and renowned collectors from all around the world rely on our expertise.

Use the opportunity and benefit from our vast network and inter- national renown: The booming art market once more promises excel lent returns for the coming auction season. The way to your own successful sale is simple – you can reach your goal in just three steps!

3 STEPS TO SUCCESS! SELLING THROUGH KETTERER KUNST 2 GET THE BEST OFFER!

Every work of art is just as unique as our range of services! Our experts find the best presentation for every artwork and know how to fetch a maximum yield. Another plus: Only Ketterer Kunst uses the great potential 1 of various distribution channels! You want to sell a top-quality work? 3 CONTACT US! In this case the saleroom auction and a REALIZE THE BEST PRICE! pre sentation in a classic print catalog is the You own art and want to profit from the cur- first choice. This is where we most certainly The contract has been closed? Than it‘s rent market condition? Get in touch with us! reach the right buyers for your top lot! time to sit back and relax, as Ketterer Kunst The classic way: By mail will take care of the rest. You want to get the most out of a work Send a letter or an e-mail to info@ketterer- from the lower price range? We organize collection, transport, insu- kunst.de and you will reach the right expert We recommend the internet auction with an rance, and, if necessary, restoration mea- for your request! Just include a short de- elaborate online presentation and a maxi- sures. We carry out comprehensive re- scrip tion and a picture of the work. mum reach! While less expensive works search around your work and describe it in The personal way: The talk often run danger of being overlooked in the line with latest scientific standards - putting You appreciate personal and qualified ad- saleroom auction, they can become hard- your art in the spotlight of a highly professi- vice? Just give us a call (+49 89 55 244 0)! fought top lots in online auctions. onal presentation. Our broad, international If you wish, we will also call on you or arran- marketing campaigns take the sale poten- No matter whether classic saleroom auction, ge for a meeting at our company. tial of your work to a global level. high traffic internet auctions or direct sale: The fast way: The online form You can rely on our expert‘s recommenda- This is how we guarantee to fetch the best You are short of time? Just use our online tion! Ketterer Kunst guarantees to make price for your work! There‘s just one thing form (http://www.kettererkunst.com/sell) to the most of your art – custom-made for the you will have to do: Look forward to your get a custom-made offer the fastest way. perfect result! payment! OUR TEAM REVIEW 2018

Post War/Contemporary Art Modern Art MUNICH MUNICH Undine Schleifer, MLitt Sandra Dreher, M.A. Tel. +49 89 55244 -131 Tel. +49 89 55244 -148 [email protected] [email protected]

Karoline Tiege, M.A. Christiane Gorzalka, M.A. Tel. +49 89 55244 - 244 Tel. +49 89 55244 -143 [email protected] [email protected]

Bettina Beckert, M.A. Tel. +49 89 55244 -140 19th Century Art [email protected] MUNICH Robert Ketterer Gudrun Ketterer, M.A. Sarah Mohr, M.A. Auctioneer Auctioneer Tel. +49 89 55244 -147 Tel. +49 89 55244 -158 Tel. +49 89 55244 - 200 [email protected] r.ketterer kettererkunst.de g.ketterer kettererkunst.de Dr. Melanie Puff @ @ Contact for US Clients Tel. +49 89 55244 - 247 [email protected] Eva Lengler, M.A. Tel. +49 89 55244 -146 [email protected] Julia Haußmann, M.A. Tel. +49 89 55244 - 246 [email protected]

Rare Books HAMBURG Christoph Calaminus Tel. +49 40 374961 - 11 Representatives [email protected] BERLIN Dr. Simone Wiechers Tel. +49 30 88675363 [email protected] Christian Höflich Tel. +49 40 374961 - 20 [email protected] DUSSELDORF Ralf Radtke Tel. +49 2151 618000 [email protected] Art Collection Consulting

BADEN-WURTTEMBERG, THE ART CONCEPT HESSE, RHINELAND-PALATINATE Andrea Roh-Zoller, M.A. Miriam Hess Tel. +49 172 4674372 Tel. +49 6221 5880038 [email protected] [email protected]

NORTHERN GERMANY, Stefan Maier SWITZERLAND, ITALY, Tel. +49 34293 449283 FRANCE, BENELUX [email protected] Barbara Guarnieri, M.A. Tel. +49 171 6006663 [email protected] VALUATION DAYS & AUCTION DATES & AUCTION DAYS VALUATION 19th Century Art Rare Books / Classics of the 20th Century Contemporary Art May 24, 2019 8, 2019 – June 6 May 27, 2019 Upcoming Valuation Days Days Upcoming Valuation Modern Art Post / Contemporary War Art Italiy Berlin Dusseldorf Munich Hamburg Belgium/Netherlands/Luxembourg March 13, 2019 Frankfurt Switzerland France Stuttgart March 6, 2019 March 9, 2019 March 7, 2019 March 11, 2019 Days Upcoming Valuation March 12, 2019 19th Century Art March 21, 2019 March 20, 2019 Hamburg Hanover 27, 2019 March Dusseldorf March 27, 2019 Berlin Stuttgart Frankfurt Nuremberg February 19, 2019 February 21, 2019 February 26, 2019 Auction Dates Spring 2019 February 28, 2019 March 7, 2019 2019 March 11, March 8, 2019

*Source: Annual balance of online data bank Artnet / art auctions 2018. www.artnet.com **Source: Annual balance of online data bank Artprice / art auctions 2018. www.artprice.com

ONLINE BIDDERS BIDDERS SOLD 30 %

3,953 OF ALL OBJECTS OF ALL OBJECTS 5,000 sq m sq 5,000 EXHIBITION SPACE EXHIBITION SPACE

Munich Germany NATIONS BIDDERS FROM FROM BIDDERS 48

€ 48,472,837 WORLD M. € TOTAL M. € TOTAL PROCEEDS IN 2018 14 RECORDS RECORDS FACTS & FIGURES 2018 FIGURES & FACTS 52 ART AUCTION HOUSE IN GERMANY* NO. 1 NO. 1

ART TOP-SELLING OF THE WORLD’S HOUSES** ART AUCTION RANK 16 16 RANK

EXPERTS EXPERTS

60

Rank Auction House Lots Sold Lots Offered Sales Value Total Auction House City Auction House Country 1 Christie's London 4154 5432 € 978,767,141 London United Kingdom 2 Sotheby's London 4818 6347 € 933,126,219 London United Kingdom 3 Phillips London 2119 2493 € 249,075,585 London United Kingdom 4 Sotheby's Paris 1743 2141 € 177,039,855 Paris France 5 Christie's Paris 1293 1618 € 135,839,000 Paris France 6 Bonhams London 1925 2921 € 79,047,972 London United Kingdom 7 Artcurial 2925 4601 € 73,999,922 Paris France 8 Dorotheum 4275 8149 € 71,322,849 Vienna Austria 9 Kunst GmbH Ketterer & Co KG 1293 1825 10 Grisebach GmbH 2084 2748 € 46,635,322 Berlin Germany 11 Kunsthaus Lempertz 1593 2825 € 32,485,392 Cologne Germany 12 Christie's Geneva 160 180 € 30,021,963 Geneva Switzerland 13 Hampel Fine Art Auctions 843 1766 € 29,253,579 Munich Germany 14 Sotheby's Milan 131 193 € 26,476,000 Milan Italy 15 Galerie Kornfeld Bern 655 1001 € 25,902,261 Bern Switzerland 16 Koller Auktionen AG 1833 2986 € 25,741,299 Zurich Switzerland 17 Bruun Rasmussen Auctioneers 2201 3144 € 23,170,907 Copenhagen Denmark 18 Desa Unicum 2288 3230 € 20,784,598 Warsaw Poland 19 Bukowskis Stockholm 1583 2187 € 20,675,544 Stockholm Sweden 20 im Kinsky 1480 2378 € 18,846,235 Vienna Austria 21 Ham Kunstauktionen Van 1585 2520 € 18,694,640 Cologne Germany 22 Piasa 1676 3017 € 17,203,119 Paris France 23 Christie's Amsterdam 370 437 € 16,493,688 Amsterdam The Netherlands 24 Farsettiarte 581 593 € 15,394,840 Prato Italy

25 Christie's Milan 53 58 € 14,693,500 Milan Italy

ARTNET REPORT EUROPE 2018* 2018* ARTNET REPORT EUROPE

RESULTS ABOVE ABOVE RESULTS € 100,000 96 KETTERER KUNST

MUNICH Joseph-Wild-Str. 18 · 81829 München Tel. +49 89 55244 -0 Fax +49 89 55244 -166 [email protected]

HAMBURG Barbara Guarnieri Holstenwall 5 · 20355 Hamburg Tel. +49 40 374961- 0 Fax +49 40 374961- 66 [email protected]

BERLIN Dr. Simone Wiechers Fasanenstr. 70 · 10719 Berlin Tel. +49 30 88675363 Fax +49 30 88675643 [email protected]

DUSSELDORF Ralf Radtke Malkastenstr. 11 · 40211 Düsseldorf Tel. +49 211 36779460 Fax +49 211 36779462 [email protected]

BADEN-WÜRTTEMBERG, HESSE, RHINELAND-PALATINATE Miriam Hess Tel. +49 6221 5880038 Fax +49 6221 5880595 [email protected]

BELGIUM, FRANCE, ITALY, LUXEMBOURG, NETHERLANDS, SWITZERLAND Barbara Guarnieri Tel. +49 171 6006663 [email protected]

USA Dr. Melanie Puff Tel. +49 89 55244 - 247 [email protected] KETTERERKUNST.COM