Abstraktes Bild, 1987, will be the star lot among sales at Phillips this fall
A monumental work by German painter Gerhard Richter will hit the auction block at Phillips next month in New York after touring Hong Kong and Taipei for an estimate in the range of US$30 million.
With two panels that measure 9 feet tall and 13 feet wide, the painting is “one of the largest works from Richter’s oeuvre to ever be offered at auction,” Phillips said. Though Richter painted other works as part of the Abstrakte Bilder series from 1986-1989, the only one on a similar scale to the work set for auction is in Lisbon’s Museu Coleção Berardo.
Along with abstract paintings, Richter’s work has encompassed grid-like Colour Charts, 1977’s infamous Baader-Meinhof series, photo paintings, and portraits. Richter’s auction record stands at US$46.3 million for a 1986 Abstraktes Bild sold in 2015 by Sotheby’s in London. A similar work with the same title helped the 91-year-old painter set a 2020 record as the most expensive Western artist to sell at an Asian auction. That Abstraktes Bild sold in October 2020 for HK$214.6 million at Sotheby’s in Hong Kong.
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