SOURCE: Ketterer Kunst GmbH & Co. KG

Ketterer Kunst GmbH & Co. KG

May 31, 2013 08:03 ET

Art Auction in Germany: From Alexander Calder to Andy Warhol

MUNICH, GERMANY--(Marketwired - May 31, 2013) - Alexander Calder's standing mobile which creates moments of rest and motion with its impressive interplay of forms is ingenious with its filigree structures. This masterful late work will come up for auction at a starting price of EUR 150,000-250,000 at the renowned auction house Ketterer Kunst on June 8, 2013.

Alexander Calder is among the most brilliant American artists of the 20th century. In 1925, two years after joining the New Yorker Art Students League, the engineer from Philadelphia finished his first wire sculpture. It was no less crucial in influencing his further artistic development than was his later contact with Marcel Duchamp and Hans Arp in Paris. In the end, Duchamp was the first to call Calder's motorized, kinetic sculptures "mobiles", and Arp coined the term "stabile" for his stationary objects. Mobile and stabile advanced to become the core elements, the essence of the artwork of Alexander Calder, who then went one step further to combine both elements in the "standing mobile". This piece of art, which embodies the masterful perfection of a late work and is now to be auctioned in Munich, was created in 1976, shortly before Calder's death in New York. Detailed information on this artwork:

Belonging to the other highlights of this auction are Liam Gillick's "Resolution Platform" (estimated value: EUR 45,000-65,000) and Jack Goldstein's acrylic piece "Untitled" (estimated value: EUR 50,000-70,000), along with seven works by Andy Warhol that will be led off by his portfolio "Campbell's Soup II". This portfolio comprised of 10 color silkscreens of the famous soup can will start off with an estimated value of EUR 180,000-250,000.

Rounding off this offering are not only works by Ellsworth Kelly, Keith Haring, David Hockney, Jasper Johns and Robert Rauschenberg, but also three extraordinary works by Gerhard Richter. While his painted-over record "Kangarooh?" and oil painting "Souvenir" have each been estimated to be worth EUR 60,000-80,000, the untitled work that graces the catalog's cover is expected to go for EUR 75,000-100,000.

Since its founding in 1954, Ketterer Kunst has firmly established itself in the front ranks of auction houses dealing in fine art and rare books, with its headquarters in Munich and a branch in Hamburg. Gallery space in Berlin and representative offices in Heidelberg, Düsseldorf and Modena, Italy contribute significantly to the company's success. In addition, exhibits, special theme and charity auctions, as well as on-line auctions take place regularly at Ketterer Kunst.

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