Gerhard Richter Work Sells for $178,000 But Delivers a 7% Negative Return

Gerhard Richter, Betty (2014) sold for $178,000 (EUR156,000), more than two and a half times the low estimate at Dorotheum in Vienna on June 5.

The sale was below the previous auction result by $14,800, realizing a 7% negative return. It last sold at auction in 2020 for $192,800 at Dorotheum.

Coloured offset print on lightweight white cardboard, covered with transparent lacquer, laid down on white plastic board, 96.4 x 65.3cm. The work has not been traded before.