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  • Posts Tagged ‘Gerhard Richter’

    MONUMENTAL RICHTER ABSTRACT HIGHLIGHTS SOTHEBY’S SALE

    Thursday, October 5th, 2023
    Gerhard Richter – Abstraktes Bild. UPDATE: THIS WAS UNSOLD

    Gerhard Richter’s Abstract Painting is among the highlights at Sotheby’s Contemporary evening sale in London on October 12. It is estimated at £16-£20 million. Other contemporary highlights including a study for a portrait by Francis Bacon and art by Philip Guston, Robert Ryman, Sigmar Polke and Sean Scully.

    This October, Sotheby’s will once more bring together two series of sales in London and Paris, coinciding with the world renowned Frieze and Paris + par Art Basel art fairs. The auctions will present a diverse selection of works by the most exciting artists emerging on the auction scene, alongside established titans of the 20th and 21st centuries.

    CLEAR DEMAND FOR EMERGING ARTISTS AT CHRISTIE’S

    Wednesday, May 11th, 2022
    Georgina Hilton selling Gerhard Richter’s Abstraktes Bild

    Christie’s say that results from their 21st Century evening sale in New York last night demonstrate a clear demand from collectors globally and growing confidence in the market for emerging contemporary artists. The auction was led by the monumental canvas by Gerhard Richter, Abstraktes Bild, 1994 which made $36.5 Million. The auction was 114% sold above the low estimate with strong depth of bidding, averaging six bidders per lot.

    The opening lot – Summertime by Anna Weyant achieved $1.5 Million – more than seven times its low estimate of $200,000 – after eight minutes of competitive bidding. Shara Hughes’s Spins from Swiss also established a new record, achieving $2.94 Million against a low estimate of $500,000. The monumental canvas Green Room by Matthew Wong set a record of $5.34 million, doubling its high estimate. Portrait of a Lady (After Louis Leopold Boilly) by Ewa Juszkiewicz made a record $1.56 Million (estimate: $200,000-300,000), benefitting POLIN Museum of the History of Polish Jews. An NFT by Refik Anadol, Living Architecture: Casa Batlló made $1.38 Million.

    CONTEMPORARY ART ACHIEVES £89 MILLION AT CHRISTIE’S

    Saturday, October 5th, 2019

    With bidders from 46 countries across all continents Christie’s Contemporary Art evening sales achieved £89 million in London last night. The Post War and Contemporary sale achieved £64.5 million. Basquiat’s Four Big was the top lot at £8.6 million. There was much interest in work by ariists like Gerhard Richter, Sigmar Polke, Pierre Soulanges and Carl Andre. The Thinking Italian sale totalled £24.5 million and the top lot was Sacco by Alberto Burri which made £4.5 million.

    (See post on antiquesandartireland.com for September 25, 2019)

    Sigmar Polke (1941-2010)
    Alpenveilchen/Flowers SOLD FOR £5.6 MILLION

    RICHTER LEADS SOTHEBY’S CONTEMPORARY ART EVENING SALE

    Thursday, November 15th, 2018

    Gerhard Richter – Abstraktes Bild

    Gerhard Richter’s monumental Abstraktes Bild from 1987 led Sotheby’s Contemporary Art evening sale in New York last night. It made $32 million in an auction which totalled $362.2 million.  This was up 17% on November 2017.  With 97% of lots sold it was Sotheby’s fourth consecutive art evening auction in New York with a sell through rate of over 95%.  Sales from the collection of David Teiger have now crossed $100 million and more auctions from his collection will be held in 2019.

    Grégoire Billaut, Head of Sotheby’s Contemporary Art Department in New York, said: “Tonight’s results were among the best we have ever achieved, and reinforced the strong and consistent market we have experienced throughout the fall. From a record Contemporary Curated sale in September to our best online sale to-date and a 100%-sold Day Auction in Hong Kong, the market continues to grow across price levels. We saw a depth of bidding throughout the sale from buyers around the globe, and achieved great records for some very deserving names. Our goal is always to deliver for our consignors, and we did just that with an exceptional sell-through rate.”

    David Hockney Montcalm Interior with 2 Dogs sold for $12.7 million

    Jean-Michel Basquiat Untitled (Pollo Frito) sold for $25.7 million

    BASELITZ MASTERPIECE SET TO BREAK RECORD

    Tuesday, February 14th, 2017

    A masterpiece by German painter Georg Baselitz is set to break the record at Sotheby’s Contemporary Art evening auction in London March 8. Mit Roter Fahne (With Red Flag), 1965, from the artist’s ground-breaking ‘Heroes’ series, is a painting that cemented the artist’s reputation as one of the most provocative and compelling voices of the post-war era.  It is estimated at £6.5-8.5 million. It is one of an outstanding group of 17 works by German artists to feature, representing around a quarter of lots on offer. Further highlights include Gerhard Richter’s desolately beautiful Eisberg (£8-12 million), Anselm Kiefer’s monumental Athanor (£1.5-2.5 million), Sigmar Polke’s Pop-inspired Die Schmiede (£1-1.5 million), and works by   Martin Kippenberger, Wolfgang Tillmans, Albert Oehlen, Thomas Schütte, Günther Förg, Günther Uecker and Michael Krebber.

    Alex Branczik, Sotheby’s Head of Contemporary Art, Europe said “Seismic moments of social and political change in history have always created seismic changes in art, something we undoubtedly see in post-war Germany. Many of these artists tackled challenging; some might say profound, subject matter, while at the same time creating new visual languages which redefined European art history.

    The market for German contemporary art has gone from strength to strength in recent years, led by the £30.4 million achieved for Gerhard Richter’s Abstraktes Bild at Sotheby’s London in 2015, a record for any living European artist. Richter is just one from a wave of German post-war masters defining today’s contemporary art market.

    • Over the last 5 years there has been a 31% increase in the number of bidders on German Contemporary Art at Sotheby’s auctions worldwide.
    • In Sotheby’s flagship Evening London contemporary sales in 2016, around 20% of the works offered were by German artists.
    • At Sotheby’s October 2016 ‘Frieze Week’ sales in London, the 9 works offered by German artists accounted for 43.3% (£20.76 million) of the overall sale total.
    • In the last two years alone, new auction records have been set for Wolfgang Tilmans, Gerhard Richter, Albert Oehlen, Thomas Schütte, Georg Baselitz, Martin Kippenberger, Günther Uecker, Sigmar Polke, Michael Krebber and Günther Förg.

      Georg Baselitz – Mit Roter Fahne (With Red Flag), 1965  UPDATE: THIS SOLD FOR £7.5 MILLION

      Anselm Kiefer – Athanor

    RICHTER – DE KOONING FROM AMES COLLECTION AT SOTHEBY’S NEW YORK

    Sunday, July 31st, 2016

    Sotheby’s New York autumn season will be led by “The Triumph of Painting: The Steven and Ann Ames Collection”. The landmark collection, assembled by the New York patrons of the arts, philanthropists and collectors, tells the story of painting over the past 50 years through masterpieces by Robert Ryman, Georg Baselitz, Willem de Kooning, Anselm Kiefer, Gerhard Richter, Philip Guston and others. Overall, the works are estimated to fetch in excess of $100 million in sales of Contemporary Art on November 17 bd 18,

    At the core of the collection are outstanding works by two giants of 20th-century painting: Gerhard Richter and Willem de Kooning. Richter was one of the first painters to spark the couple’s interest after they fell in love with his work in the 1980s; indeed Steven wrote his thesis on the artist to earn his Master’s degree in Art History at Columbia University. The evening auction on  November 17 will include Richter canvases from every major period of his career covering his full exploration of the medium – abstract, landscape, portraiture, conceptual and more. Robert Ryman and others then entered the collection before the Ames’s sought out paintings by Willem de Kooning, seeking to connect the legacies of these different artists and bridge the stylistic gaps between them.

    UPDATE: THE AMES COLLECTION PART 1 BROUGHT IN $122.8 MILLION

    Gerhard Richter A.B., St. James 1988 ($20.30 million)

    Gerhard Richter A.B., St. James 1988 ($20.30 million)  UPDATE: THIS SOLD FOR $22.7 MILLION

    Gerhard Richter A.B., Still 1986 ($20-30 million)

    Gerhard Richter A.B., Still 1986 ($20-30 million) UPDATE: THIS MADE $33.9 MILLION

    A SPECTACULAR RICHTER ABSTRAKTES BILD AT SOTHEBY’S

    Monday, January 18th, 2016

    Gerhard Richter - Abstraktes Bild (725-4)

    Gerhard Richter – Abstraktes Bild (725-4)

    One of only a handful of spectacular examples of Gerhard Richter’s Abstrakte Bilder in private hands comes up at Sotheby’s Contemporary Art evening sale in London on February 10. Painted in 1990 Abstraktes Bild (725-4) remained in the artist’s private collection until 1996 when it was unveiled at an exhibition of his personal paintings at the Carre d’Art in Nimes: “Gerhard Richter: 100 Pictures”. The work has not been exhibited publically since. 

    Acquired by the current owner via Marian Goodman and Anthony d’Offay in 1996 it will be offered at auction for the very first time with an estimate of £14-20 million. “There continues to be great momentum in the Richter market, particularly for his abstract works. This particular example is monolithic and muscular, a masterpiece with a spectacular structure comprised of dramatic layers of a kaleidoscope of colours. With its enviable provenance, it has all the ingredients you’d hope for from a truly great Richter abstract”  said Isabelle Paagman, Sotheby’s senior director, Contemporary Art.

    The world’s most valuable living painter, Gerhard Richter has seen his auction record broken three times in the past four years, most recently at Sotheby’s in London when an Abstraktes Bild from 1986, estimated at £14-20m, sold for £30.4m last February.

    A CONTEMPORARY ART SALE SET TO BE MOST VALUABLE EVER IN EUROPE

    Friday, June 26th, 2015

    The Contemporary art evening auction at Sotheby’s on July 1 is set to be the most valuable sale of its kind ever staged in Europe.  The sale features masterpieces by the greatest names in contemporary art including Francis Bacon, Andy Warhol, Lucien Freud, Gerhard Richter and David Hockney.  The pre-sale estimate if £143.2-204.6 million.

    Sotheby’s announced today that the Impressionist and Modern art sales series at Sotheby’s in London this week achieved a combined total of £207.8 million, an increase of almost 40%  on last years equivalent sales. There was a 10% increase in participation and global reach went up by almost 20%. Here are some of the upcoming contemporary lots.

    UPDATE:  The auction realised £130,376,500.

    David Hockney ARRANGED FELLED TREES Estimate: £1,500,000 — 2,000,000

    David Hockney
    ARRANGED FELLED TREES
    Estimate: £1,500,000 — 2,000,000  UPDATE: THIS SOLD FOR £3.4 MILLION

    Gerhard Richter A B, BRICK TOWER signed, dated 1987  (£12-16 million)

    Gerhard Richter
    A B, BRICK TOWER
    signed, dated 1987 (£12-16 million) UPDATE: THIS SOLD FOR £14,149,000

    FOUR RICHTER’S TO LOVE

    Thursday, October 13th, 2011

    HERE are four works by Gerhard Richter an artist to love who seems to be cropping up everywhere right now.  A major retrospective, Panorama, is at Tate Modern in London until January 8 to coincide  with his 80th birthday.

    The images here are from Abstraction-Figuration: A Private Collection at Sotheby’s in New York on on November 9. It features one of the most important groups of works by the German artist ever to appear at auction.  The sale will also include works from the collection by Francis Bacon, Sigmar Polke, and Lee Krasner. The Impressionist and Modern art auction on November 2 will feature a group of eight paintings by Max Ernst including The Endless Night from 1940, an acute meditation on Europe in the early years of World War II ($2.8/4 million). Overall the collection is estimated to bring $40/56  million with works to be offered in five different sales.

    (All images are copyright Sotheby’s and you can click on any of them to enlarge).

    UPDATE:  THE sale  brought an outstanding total of $315,837,000, well above the $192/270.8 million pre-sale estimate and nearly 85% sold-by-lot. The total is the highest for a Contemporary Art Evening sale at Sotheby’s since May 2008 and the company’s third highest ever.

    The sale was led by four masterworks by Clyfford Still which sold for a combined total of $114.1 million.

    The other major highlight of the sale was the Abstraction Figuration Collection – a remarkable offering of paintings that thrive in the fertile space between abstraction and figuration by artists such as Gerhard Richter, Lee Krasner and Sigmar Polke.  All the works found buyers and were led by the superb group of Richter abstract paintings which brought a combined total of $74,280,000, over twice the pre-sale high estimate (group est. $27/36.7 million). Furthermore, an auction record for the artist was set when Abstraktes Bild from 1997 sold for $20,802,500 after a contest involving four bidders (est. $9/12 million).

     

    Gerhard Richter - Abstraktes Bild (849-3) ($9,000,000 – 12,000,000)

    Gerhard Richter - Gudrun ($5,500,000 – 7,500,000)

    Gerhard Richter - Abstraktes Bild (769–2) ($5,500,000 – 7,500,000)

    Gerhard Richter - Rain (676-2) ($700,000-900,000)