Arrow Fat Left Icon Arrow Fat Right Icon Arrow Right Icon Cart Icon Close Circle Icon Expand Arrows Icon Facebook Icon Pinterest Icon Twitter Icon Youtube Icon Hamburger Icon Information Icon Down Arrow Icon Mail Icon Mini Cart Icon Person Icon Ruler Icon Search Icon Shirt Icon Triangle Icon Bag Icon Play Video
  • Gerhard Richter's Abstaktes Bild (774-4) estimated at $18m
  • Post author
    Paul Fraser
  • AbstaktesBildGerhardRichter's

Gerhard Richter's Abstaktes Bild (774-4) estimated at $18m

Gerhard Richter's Abstraktes Bild (774-4) is expected to raise $14m-18m for the Linda Pace Foundation when it crosses the block at Christie's on November 12.

Pace was an artist and collector who aimed to make contemporary art accessible to all. The organisation aims to build a new exhibition space in San Antonio.

richter abstraktes bild
Richter is the world's most valuable living artist

Laura Paulson, Christie's chairman and international director for post-war and contemporary art, commented: "Linda had a prescient vision for contemporary art, and was one of the first collectors who truly understood the new visual language in this series of paintings, with an ability to embrace both the aesthetic beauty and conceptual rigor of this dazzling canvas.

"Gerhard Richter is certainly the greatest abstract painter working today and Abstraktes Bild is among one of his most significant works, a superb testament to the artist's mastery of the most spectacularly iconic forms of abstraction in contemporary art.

"The demand for such a masterpiece will be global and we anticipate excitement in the saleroom as international collectors compete for this major work".

Richter is the world's second most valuable living artist behind Jeff Koons - his Domplatz Mailand realised $37.1m at Sotheby's New York last year.

Follow the link to check out our incredible selection of art and photography memorabilia.

Please sign up to our free newsletter to receive exciting news about art and antiques auctions.

  • Post author
    Paul Fraser
  • AbstaktesBildGerhardRichter's