Gerhard RICHTER (1932)

Born in 1932 in Dresden, Gerhard Richter moved to West Germany in 1961 where he started painting his first Photopaintings, works made from existing images (his own photos or press or amateur shots) which he transformed into pictorial objects.Resembling blurred photographs, these canvases were quickly noticed on the international scene.In 1972 he represented Germany at the 36 th Venice Biennale with 48 portraits based on photos of famous men.Like Andy Warhol, Richter “mechanized” his production, making canvases from “ready-made” images and using the “scraping” technique. In the 1980s, his first abstract works – invariably titled Asbtraktes bild – added a new dimension to the colorfields of American Abstract Expressionism (Jackson Pollock, Mark Rothko, etc.). In the early 2000s, his traveling exhibition Forty Years of Painting (curator: Robert Storr) was highly acclaimed at the MoMA. He subsequently became one of the most important painters of his generation and his prices rocketed. Between 2011 and 2018, 23 of his works fetched sums above the $20 million threshold. One of them, acquired in 1999 for $607,500 (Abstraktes bild, Sotheby’s, 18 May 1999) resold for $46.3 million at Sotheby’s in 2015.

ArtMarketInsight

In Artprice’s fortnightly series of auction rankings identifying the Art Market’s primary trends – this week’s Friday Top article looks at the top 10 results hammered by Phillips during the first quarter of 2019. Richter, Lichtenstein, Kippenberger, Basquiat, Brown, Wool and Kaws … Phillips is increasingly taking a leading position on the Contemporary Art market […]

Every other Friday, Artprice posts a “Top” ranking that provides insight into the Art market’s major trends. This week, we look at the artists who have generated the best auction results in Post-War and Contemporary Art so far this year. The prestige sales held during February and March this year highlight four works which each […]

With the value of sterling contracting against the dollar over the last two years in reaction to Brexit, buying art in London has become slightly more attractive for a market whose principal language is the dollar. While Sotheby’s is claiming that its latest Impressionist & Modern Art sale attracted the most international list of registered […]

An astonishing start to the new auction season in London has brought the vibrant Contemporary Art market back into the limelight. During the first fifteen days of October, London was the centre of the art world, with top-level events including Frieze London, Frieze Masters and the high-quality and eclectic Design fair, PAD. The city also […]

Art Karlsruhe 2018 The exhibition halls of the Karlsruhe Trade Fair Centre will once again host the KARLSRUHE art fair from 22 to 25 February. This edition is special, since the show celebrates its 15th anniversary this year. 215 galleries from 15 countries will gather under the banner “Art.Space.Emotion.” to give visitors the opportunity to […]