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Growth in sales at the Dorotheum

26.06.2009

Giorgio Morandi, Paesaggio,
realized price € 409.800

Ferdinand Georg Waldmüller, A charitable gift,
realized price € 306.300

Georg Baselitz, Pullover oben,
realized price € 225.390

Antonio Joli, St. Peter's Church and St. Peter's S
quare in Rome,
realized price € 168.300

David Salle, Snowflake,
realized price € 107.855

Ron Arad, Victoria and Albert Chair,
realized price € 61.300

As the leading auction house in the German-speaking world, the Dorotheum maintains a consistent strategy of internationalisation and as a result has achieved a double-figure percentage increase in sales.

The development of international contacts – a further representative office was opened in Rome as recently as the spring of 2009 – has paid off for the Dorotheum: in the first half of the year auction sales rose by a double-figure percentage compared to the previous year.

At the beginning of April the Dorotheum shone with Old Masters and 19th Century Paintings – both subject areas which are becoming increasingly important.  The prodigious price of 306,300 Euros was paid by an art collector for “Die Milde Gabe” (“The Charitable Gift”), painted in oil on wood by the most distinguished of the Austrian Biedermeier artists, Ferdinand Georg Waldmüller.  As a result of these successes, this autumn the Dorotheum will be in a position to offer an excellent collection of Biedermeier paintings including pictures by Waldmüller and Gauermann.

The Dorotheum recorded outstanding results during the auction week in May, which turned out to be one of its most successful ever – with takings way above those of the previous year.   The house scored highly with Contemporary and Modern Art as well as Design: among the stars were important works by Georg Baselitz, Günther Uecker, Nam June Paik, Giorgio de Chirico and Giorgio Morandi, for whose “Paesaggio” (“Landscape”) the bidding climbed to a superb 409,800 Euros.  Here too, the trend to internationalisation and the particular commitment of the Dorotheum to these subject areas resulted in a recipe for success: the range of paintings was international, and the interest of buyers from around the world was equally great.  Not least, Italian clients were among those showing the greatest interest.

There was also a noticeably high level of demand for silver and coins, with bids escalating in record auctions.

So is the Dorotheum really not experiencing any problems in the current crisis?  Martin Böhm, Managing Director, is certain: “Under different conditions our growth would have been even stronger.”

Press Officer:
Mag. Doris Krumpl, Tel. + 43-1-515 60-406
doris.krumpl@dorotheum.at