Kaupp Spring Auction

As if to spread optimism the sun sent its friendly beams through the windows of the distinctively pink-coloured castle in the heart of Sulzburg – no sign of crisis was felt in the well-filled auction hall on the second weekend of May. To the contrary: apart from the sun repeated bidding frenzies brought the auction hall to a boil, while charming collectables and high-ranking artworks changed hands. On the first two days 80% of the lots could be hammered, with Art Déco, Russian Handcrafts, Jewellery, Watches and Silver enjoying greatest popularity. A Russian Samowar climbed to a remarkable 11,000 € (Starting price 2,000 €, lot no. 93, Fig. 74695), a Poertzel Art Déco figurine was brought from 1,200 € to 8,500 € (Lot no. 48, Fig. 73932).

Art investors grasped the opportunity to buy precious metals: five golden beakers of Austrian origin, showing the crest of the Duke of Paris escalated from 8,000 € to 14,000 € (Lot no. 204, Fig. 74794) and a Berlin coin beaker sold for nearly double its starting price at 8,000 € (Lot no. 221, Fig. 74654). Also very sought-after were eight beakers with lid by Anton Köll, sold for 4,600 € (Starting price 600 €, lot no. 211, Fig. 74851). Among time-pieces, proving once again as safe investments, are particularly noteworthy a rococo table clock by Johann Gottlieb Leukert from Dresden sold for 7,000 € (Lot no. 853, Fig. 74744) and a French Parant, Nogent Le Rotrou portal clock from 1780 sold for 6,000 € (Lot no. 847, Fig. 74537).

The third day of the auction proceeded erratically. While bidders showed reserve on collectables, Karlheinz Kaupp was satisfied with the sale of the first part of a first-class collection of rugs from a Southern German private property: More than 80% of the offered lots were successfully put under the hammer, led by a beautiful Isfahan rug for 4,500 € (Lot no. 996, Fig. 73873), a richly ornamented Isfahan for 3,500 € (Lot no. 988, Fig. 73884) and a Tabriz showing mythical creatures that nearly doubled its starting price from 1,800 € to 3,300 € (Lot no. 993, Fig. 73415).

The sale of paintings on the third day of auction is always a highlight at Kaupp’s – with his usual aplomb Karlheinz Kaupp knocked down a range of well-known artists at a good price, among others Adolf Eberle for 13,500 € (Lot no. 1385, Fig. 75221) and F.X. Winterhalter for 14,000 € (Lot no. 1623, Fig. 73491). In recent years the auction house distinguished itself as leading specialist for paintings by Carl Spitzweg, and accordingly the works of the Munich Biedermeier painter were among the climaxes of the auction. Of the five Spitzweg paintings four went to private collectors.
The brightly coloured «Bathe in Dieppe II» (Lot no. 1591, Fig. 73782) from the Sprengel Collection in Hanover, counting among the principal works of Carl Spitzweg’s late work, changed hands for 130,000 €. The «Risky Passage» (Lot no. 1587a, Fig. 75307) dating from around 1840, depicting a teacher and caricaturing the consequences of excessive consumption of spirits, realized 75,000 €. «The Commandant» (Lot no. 1589, Fig. 74536), a subject typical for Spitzweg, was knocked down for 70,000 €. Its shows an officer reading out instructions to one of his subordinates. The «Breviary Prayer» (Lot no. 1590, Fig. 74414), a praying country parson in front of a wayside shrine, found a buyer for 50,000 €.

Launched in autumn 2008, the section Modern and Contemporary art powerfully defied crisis. The most outstanding artworks among numerous paintings, graphics, sculptures, and books successfully sold are Edward Alfreds Cucuel’s «Teatime on the shore of Lake Starnberg» (Lot no. 1686, Fig. 75144) and «Under the pergola» by Max Slevogt (Lot no. 1775, Fig. 75247), knocked down for 25,000 € and 26,000 €. A bidding frenzy increased an artwork by Klaus Fußmann dramatically from 3,000 € to 6,800 € (Lot no. 1698, Fig. 74721). Two almost life-size sculptures by Ludwig Kasper, whose artworks are rarely available on the art market, were sold by Kaupp for 16,500 € (Lot no. 1716, Fig. 73123) and 17,000 € (Lot no. 1717, Fig. 73950).

«We are really happy with the Modern and Contemporary Art section, because it’s a new step for us… It’s fantastic to see that a realistic market for Modern Art is still existing and collectors didn’t lose their passion. The market bubble may be over – and purchasers, but on the long run also sellers, will benefit from it. Art objects will again be sold from enthusiast to enthusiast.»

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Published in: on May 28, 2009 at 2:00 am  Leave a Comment  
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