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Richter is the New Warhol

February 21, 2012 by Marion Maneker

Colin Gleadell did a little math on last week’s Contemporary art sales and discovered that Gerhard Richter’s work accounted for nearly 20% of the trading volume. That kind of presence in the Contemporary market has only previously been seen by, well, you know who:

 there were 25, mostly colourful abstract paintings of the kind that had sold so well in New York in November, and all but two sold for £33.8 million, easily surpassing the minimum £20 million expected; that’s 18.4 percent of the series spent on just one artist. I can’t remember any other contemporary artist, apart from Andy Warhol, dominating to such an extent.

Contemporary Sales: Some Things Still to Smile About (Telegraph)

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Filed Under: Artists Tagged With: Gerhard Richter

About Marion Maneker

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