Gerhard Richter Work Sells for $4.31m to Deliver a 11% Annualized Return
3 min read · 14 Oct 2026
Abstraktes Bild. Image courtesy of Christie's
Gerhard Richter, Abstraktes Bild (1988), sold for $4.31m (GBP3.26m), more than the low estimate at Christie's in London on October 14.
The sale beat the previous auction result for this work by $4.21m, equivalent to an annualized return of 11%. It last sold at auction in 1991 for $99,000 at Sotheby's.
Oil on canvas, 92.1 x 126.2cm. The work has been traded 3 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
October 14, 2026 | $4.31m | 4257 % | Christie's | London |
November 14, 1991 | $99,000 | - | Sotheby's | New York |
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