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:
