Gerhard Richter Work Sells for $8.07m But Delivers a 20% Negative Return

Gerhard Richter Work Sells for $8.07m But Delivers a 20% Negative Return

3 min read  ·  19 May 2026

Besen. Image courtesy of Phillips

Besen. Image courtesy of Phillips

Gerhard Richter, Besen (1984), sold for $8.07m, more than the low estimate at Phillips in New York on May 19.

The sale was below the previous auction result by $2.11m, realizing a 20% negative return. It last sold at auction in 2022 for $10.18m at Christie's.

Oil on canvas, 225.7 x 200.3cm. The work has been traded 6 times in the past.

Sale Date
Price
Price Increase
Venue
City
May 19, 2026
$8.07m
-21 %
Phillips
New York
May 26, 2022
$10.18m
4107 %
Christie's
Hong Kong
May 13, 2014
-
-
Christie's
New York
November 17, 1992
$242,000
-
Sotheby's
New York

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