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Tiny Richter Makes £1.5m at Christie’s London Day Sale

February 15, 2012 by Marion Maneker

Purchased for £52k in London a decade ago, this 9 x 7 inch painting by Gerhard Richter was sold for three times the high estimate of £500k this afternoon in London making £1.497m

This Ugo Rondinone was bought in New York during the November 2007 sales for $181k now sells for £217k with premium which works out to about a 60% rise in value over five years:

Is Kassay-mania cooling? This silver painting made slightly more than the low estimate today, not quite what we’re used to seeing with these large works, half of the price paid for a similar size work in November:

Marlene Dumas Male Stripper bought for £106k in 2004 sells again for £265k today:

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Filed Under: Auction Results Tagged With: Christie's, Contemporary, London

About Marion Maneker

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