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Villa Grisebach Has Most Successful Auction Ever

December 2, 2016 by Marion Maneker

Lyonel Feiningers, Yellow Lane 3.75m EUR
Lyonel Feiningers, Yellow Lane 3.75m EUR

Villa Grisebach held an evening sale of 20th Century art on December 1, 2016 that totaled nearly €22m, a record sale for the Berlin auction house. Here’s the company’s take on the sale:

With spectacular 21,6 Million EUR revenue in the evening auction on the 1st of December Grisebach had the most successful auction in its 30-year long history. Grisebach, the Market Leader in Germany, is Nr.11 in the world according to the 2016 Art & Auction Listing of the 250 biggest auction houses.

At the head of the evening was Lyonel Feiningers „Yellow Lane “ from 1932, which after several minutes of heated bidding was raised up by a Swiss bidder from an estimated price of 1 Million EUR to 3,75 Million EUR. The second highest price was reached with 3,125 Million EUR a „still live“ from Max Beckmann (estimatedt price 700.000-900.000 EUR), which was sold to an american bidder.

Beforhand three paintings from Emil Nolde were sold to a german private collection: two floral still lifes for each 1 Million EUR and one seldom sea painting for 1,25 Million EUR.  In the first two days of the auction week the total revenue is around 25 Million EUR.

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Filed Under: Auction Results Tagged With: Berlin, German Art, Grisebach

About Marion Maneker

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