Christie's
ARTIST Gerhard Richter
TITLE 'Abstraktes Bild (798-3)'
AUCTION HOUSE Christie's
ESTIMATE $14 million to $18 million
This dreamy 1993 canvas is sure to be a winner when it comes up for sale on May 8. Prices for the 80-year-old Mr. Richter have been steadily rising, helped in large part by a highly praised retrospective at the Tate Modern in London this winter, which is now at the National Gallery in Berlin and will be heading to the Pompidou Center in Paris in June. Last year alone some $200 million worth of works by Mr. Richter sold at auction. “It’s eye candy for the emerging buyer,” Mr. Gorvy said. The size of the canvas — it is nearly eight feet square — make it particularly impressive as does the masterly layering of colors, which is at once romantic and modern. It is being sold by Lyn Ross, the widow of George Ross, a financier from Bryn Mawr, Pa., who died in July.
