Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Sotheby’s Doubles Down on Richter for NY Sales

October 16, 2012 by Marion Maneker

Fresh off the Clapton sale in London, Sotheby’s is pushing another Richter for New York in November further showing that the house is determined to make the most of its advantage in the Richter market.

Sotheby’s is pleased to announce the sale of one of the most elegant and fully resolved abstractions by the artist ever to appear at auction. Abstraktes Bild (712) from 1990 was painted at a crucial moment in the artist’s career and epitomizes his mastery of the art of abstraction (est. in excess of $16 million). The Abstraktes Bild paintings are conceivedthrough an extensive, time-consuming and labor intensive process in which the introduction of “chance” produces a calculated and magnificent chaos of color and structure.

Since 1960 Richter has produced an astonishingly diverse range of paintings including a number devoted to exploring the role of painting in relation to other visual cultures such as photography. In addition to Abstraktes Bild, two photorealist portraits of the artist’s then wife, Isa Genzken, entitled I.G. (ests. $3/4 million each) will also be offered in Sotheby’s Contemporary Art Evening Sale on 13 November 2012 in New York.

More from Art Market Monitor

  • The Woman Who Photographs Art FairsThe Woman Who Photographs Art Fairs
  • Late Lichtenstein Nude Estimated at $30m to Lead Christie’s Global 20th Century SaleLate Lichtenstein Nude Estimated at $30m to Lead Christie’s Global 20th Century Sale
  • Winslow Homer's HomeWinslow Homer's Home
  • Wyeth Pops at Christie'sWyeth Pops at Christie's
  • Phillips de Pury Latin American HighlightsPhillips de Pury Latin American Highlights
  • Belgian Fair Holds Its OwnBelgian Fair Holds Its Own

Filed Under: Artists

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Restituted Van Gogh Portrait from London Collection to Sell at Christie’s
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Tony Podesta's Secret Art Buying
  • Christie’s to Sell Its First Fully Digital Work of Art in Test of Emerging Market
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Tracey Emin Neon Lights Up Sotheby's 'Contemporary Showcase' Pop-Up
  • Sotheby's Pulls in a $9m David Hockney for November
  • How to Chant Like an Auctioneer
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor