Ketterer Kunst auction sets world record for Ernst Wilhelm Nay
(Artdaily.org)

With total proceeds of around € 25 million (surely to rise above € 26 million after post auction sales) and a sales quota of up to 85% by lots, the autumn auction realized a more than superb result. 30% first time buyers underline the increasing appeal of Contemporary Art. A work by Ernst Wilhelm Nay provided a historic moment. “I am very content with the result. We saw new records and realized excellent figures“, said Robert Ketterer. “The development of the key figures underlines the appeal of our range of offers.“ The auctioneer and owner of Ketterer Kunst emphasizes: “We see a reduced lot total and higher individual results.“ The December auctions alone provided an average increase of more than 80% per sold lot. A total of 47 works reached or crossed the € 100,000 line. Ernst Wilhelm Nay`s oil painting “Scheiben und Halbscheiben“ (lot 804) was the