German auction house Ketterer Kunst (Munich) is on its way to win over Los Angeles. The decision has been made in response to a new German bill on cultural protection.
Katterer Kunst, an auction house specialised in Expressionism, already had offices in New York from 1970 to 1980. This new project stems from the house’s desire to strengthen its position in the contemporary-art segment but also to escape from the new German bill on cultural protection that has already launched a round of protests among art-market players in the country. The bill envisages reinforcing control over the export of cultural goods and may well penalise the German market in relation to international competition. To carry out its project, the auction house is hiring the expert Stella Michaelis.
The auction house’s chairman, Robert Ketterer declares: “I have been wanting to re-open our house to new overseas clients for a while now, and to offer our American buyers and sellers a more comprehensive and personalized service.”