Unique White Glove Sale It was a historical moment shortly after the last hammer fell and a pair of white gloves were presented to the auctioneer Markus Eisenbeis: When all lots of an auction are sold, the auction world speaks of a white glove sale!
The Achenbach Art Auction was a sale of superlatives: With more than 2.300 artworks it was the largest auction of contemporary art ever held in Germany. An exhibition area of more than 1.500 square meters and an auction room with the size of 800 square meters were also exceptional. In parts there were more than 300 bidders in the room, in total more than 2.500 bidders registered for this sale, two thirds of them new clients. More than 5.000 bids were accepted prior to the auction, numerous bids followed on the floor and via online-bidding. The spectacle was accompanied by an incredible media interest. After a four day auction marathon Van Ham is able to record a total hammer sum of 6.5 mio. euros (total income sum ca. 8.9 Mio. euros), and the most successful auction in the auction house’s history.
On the auction days in Dusseldorf works by Heinz Mack, Markus Lüpertz and A.R. Penck were much in demand. For Jörg Immendorff’s bonzes extensive bidding battles were fought, resulting in new auction records for all monkeys. In defiance of all prophecies of doom Van Ham did not unsettle the market for Immendorff’s bronzes, but lifted it to a new level. The biggest surprise caused a work by Joyce Pensato: With a hammer price of 50.000 euros it became the most expensive work sold in Dusseldorf. At the same time Van Ham set a new international auction record for this artist, by almost doubling the former record. The rates of sales for the highlights in Cologne boomed as well: more than 250 floor bidders queued up in and in front of the auction room, 15 telephonists were continuously connected to the whole world. With his results Gerhard Richter led the field: all three offered works achieved six-figure results, his work from 27.04.2008 (lot 96) became the most expensive lot of the entire sale with a result of 316.250 euros. The sale’s leitmotif “Come Jörch, let’s go” by Jörg Immendorff found a new owner for 288.750 euros. Further extraordinary results were achieved for Imi Knoebel’s “Sandelholz” from 1997 with a result of 130.625 euros as well as Frank Stella’s assemblage from 1993, its price increased enormously to a result of 123.750 euros.
auction dates VAN HAM
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