BERLIN, GERMANY.- Villa Grisebach continues to fly high with extraordinary results at the 2007 Spring Sales. For three days many collectors from around the world participated in flurry biddings in the sale’s room as well as over the telephone.

The evening sale prompted three results over one million and plus. It started with Ernst Ludwig Kirchner’s painting “Landschaft am Ufer (Fehmarn)” from the Brücke-Year 1913, which was sold to a private German collection for € 2.380.000* (Estimate € 1.800.000). Emil Nolde’s subliminal “Kleine Sonnenblumen” went to a commissioned dealer from Düsseldorf for € 2.261.000 (Estimate € 1.000.000). A Northern German collector outbid international competition, and took home Nolde’s dramatic “Abendhimmel” from 1937 for € 2.142.000 (Estimate €1.000.000). Other works of Modern Art also experienced a dramatic increase in price: Beckmann’s early masterpiece “Allotment Gardens” surpassed its estimate five times (€ 285.600), Schmidt-Rottluff’s “Pommersche Bauern” from 1924 doubled its estimate (€ 612.850), and Paul Klee’s enchanting watercolor “Küstenlandschaft” tripled its estimate, and found a new owner at € 309.400. Another highlight of the evening was Jean Arp’s wood relief, an incunabulum of the Avant-garde, that was secured against competition by a French art dealer at € 999.600 (Estimate € 180.000).

The selection of Contemporary Art once again proofed Berlin’s positions as the capital of the German art market: Anselm Kiefer’s work “Kirke” doubled its estimate at € 166.600, and an international bidding flurry had Peter Doig’s watercolor “Highway” climb up to € 89.250. The end of the evening sale was highlighted by the world record result for a work by Dresden shooting star Eberhart Havekost, when a Greek collector agreed to pay € 236.810 for “Relationship II”.

The following day bidders continued to battle over works of art from the 19th and 20th centuries. Highlights included works by German Symbolist Ludwig von Hofmann (Estimate € 25.000 / Result € 202.300), Lesser Ury (Estimate € 30.000 / Result € 133.280), Tom Wesselman (Estimate € 20.000 / Result € 92.820), and Rainer Fetting (Estimate € 15.000 / Result € 97.580).

Total turnover was EUR 23,5 Mio (USD 31,374,850), and Villa Grisebach is more than satisfied with the results of the sale. Bernd Schultz: “ We are already looking forward to our Sale No. 150 in November.