Shane Ferro
Art market news and commentary by the staff of Art+Auction

MARKET WATCH: Art market news and commentary by the staff of Art+Auction

German Collector Ingvild Goetz to Sell 128 Works From Her Collection at Christie’s London

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Munich’s Goetz Collection will be a few Richard Princes and Christopher Wools light come the middle of February. Christie’s London announced on Tuesday that Germany’s largest art collection has consigned 128 artworks for the Post-War and Contemporary Art auctions on February 13-14 and April 17.

Featuring works by 63 artists including Matthias WeischerWade Guyton, and Kelley Walker in addition to Wool and Prince, the works are estimated to fetch in the range of £3-4.2-million ($4.76-6.66-million). Wool’s work “Mad Cow” (1997) is likely to lead that charge with a high estimate of £900,000 ($1.43 million).

Since the 1980s, former art dealer Ingvild Goetz has built up a collection of over 5,000 works, focusing particularly on emerging contemporary artist. Goetz says that she intends to use the funds generated by sales to further social projects in which she is currently invested. “The current focus of my charitable work is towards those who have no lobby: asylum seekers and those who suffer from eating disorders such as anorexia,” Goetz said in a statement.

— Alexander Forbes

(This post originally appeared on ARTINFO’s news blog, In The Air; Image: Herzog & de Meuron’s building for the Goetz Collection in Munich)

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