Subscribe Now

travelers today

Home » News

Clapton Sells Painting: Eric Clapton Sells Gerard Richter, Abstraktes Bild, for Over $34 million

Travelers Today       By    Lena Vazifdar

Updated: Oct 16, 2012 10:54 AM EDT

Text Size: A A A

Gerard Richter
A Gerard Richter painting,Abstraktes Bild, purchased by Eric Clapton for £2 million has sold in auction for more than £21 million.(Photo : Reuters)

A Gerard Richter painting purchased by Eric Clapton for  £2million ($3,218,998.99) has sold in auction for more than £21million.

The Daily Mail reports that Clapton, 67, bought the painting in 2001 and it was auctioned at Sotheby's in London. The sum it was sold as is the highest a painting has ever sold by a living artist.

The final winning bid was at a whopping £21,321,250 ($34,322,042.83), The Daily Mail reports.

Share This Story

The oil painting called, Abstraktes Bild was made in 1994 and is an abstract creation covered in shades of reds, blues, yellows and greens. The BBC reported that Sotheby's called Abstraktes Bild a "paradigm of Gerhard Richter's mature artistic and philosophical achievement".

Before the sale, The Telegraph reported Alex Branczik, Sotheby's senior director of contemporary art said: "Abstraktes Bild is one of the great abstract masterpieces by Gerhard Richter, and its appearance on the market presents collectors with the unique opportunity to acquire an outstanding work by one of the greatest living painters."

The Independent said that the artwork was estimated at £9 million ($14,487,209.07) to £12 million ($19,316,278.76) pounds. The buyer of the artwork, was Natasha Mendelsohn of Sotheby's, who was  acting for a client via telephone. She outbid her co-worker Tobias Meyer who is the worldwide head of comtemporary art who was also working for a client.

The Daily Mail reported that the sale broke a previous record for highest price sold by a living artist which was a Jasper Johns painting that sold for £17.8million in 2010.

Clapton purchased three Richter paintings in 2001 at Sotheby's. Richter, 80, lives in Cologne, Germany and is well known for his abstract art. The Independent said about Richter that he  "has become the world's most bankable living artist, dealers said. His highly decorative abstractions, often painted with a squeegee, have become particularly sought-after by wealthy international collectors and set seven of the 10 highest prices paid for the artist at auction."

© 2014 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

ADVERTISEMENT

Travel Tips

Lake Tahoe, NV, Sand Harbor (2) 9-2010

5 Ways to Have a More Active Vacation

For those of us who like to live an active lifestyle here are some tips for staying active while you're on vacation where it can be very difficult.

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Want more Travel?

Most Popular

Car

Canada Hit-And-Run Attack Perpetrator 'Radicalized?' Authorities Cite Similar Case Last Year As Basis

The Canada hit-and-run attack suspect, who was killed by the authorities after a long chase, is now believed to have been "radicalized" because of the on-going terrorism in the country.

Eric Matthew Frein

Pennsylvania Man Hunt: Schools Close As Man Hunt Drags On, Eric Frein Spotted In Close Proximity To Schools, Children Unsafe With Man Hunt Ongoing?

Pennsylvania man hunt of Eric Frein has dragged on to its’ second month. Frein is wanted for the murder of a state trooper, Cpl. Bryon Dickson, last Sept. 12. Named as “extremely dangerous” by Pennsylvania authorities, Frein has already been added to FBI’s most wanted fugitives.

ISIS Militants In Syria

Denver Girls ISIS: FBI Reviewing Evidence Against Three Girls Believed To Be Heading To Syria To Join Islamic State Militants: Report

Denver Girls ISIS - At least three girls from Denver have been denied their right to travel after authorities found out that they were heading to Syria via Turkey. The FBI is looking into evidence that could prove the girls' intention of joining the Islamic State militants.

Caribbean Princess, Dublin Port

Ebola-Risk Hospital Worker Boards Caribbean Cruise Ship; U.S. Officials To Limit Their Public Appearances

An Ebola-risk health care worker boarding a cruise ship is being isolated despite not showing any signs and symptoms of the deadly disease while U.S. officials asked the health workers exposed to the Ebola infected patients to limit public appearances.

Defective Takata airbags prompted the recall of about 247,000 Toyota model vehicles.

Takata Airbag Recall 2014: Toyota Withdraw Models For Defective Inflators

Takata airbag defect prompts the recall of several Toyota Motor Corp models in the United States on Monday.

Vials

Cure For Ebola Found: Canada To Ship 800 Vials of Experimental Vaccine, China Claims To Have Found Cure

Cure for Ebola found – Canada is reported to send out 800 vials of an experimental drug set out to cure the Ebola outbreak. The cure for Ebola found is an experimental drug named VSV-EBOV. All 800 vials had been tested on primates and showed positive results.

California Drought Map

California Drought Map Reveals 58% Of State Suffers Deficiency Of Water Supply Amid Imminent Winter Season

California's drought map still shows an alarming phenomenon at the Golden State wherein 58% of the area is suffering from deficiency of water supply, be it atmospheric, surface or ground water.

Daniela Poggiali

Nurse Kills 38 Patients Because She Got Annoyed; Co-Workers Say Italian Nurse Daniela Poggiali Is 'Cynical And Vindictive'

Nurse Kills 38 Patients - Italian nurse Daniela Poggiali is one healthcare professional you should be wary of if ever you get confined in a hospital in Italy. For one thing, she is notorious for killing up to 38 patients after she got completely annoyed of them or of their families.

Cattle Return From Alpine Summer Grazing

World's Tallest Cattle Found In Illinois, How Tall Is Blosom The Cow?

World’s tallest cattle is found in Illinois. Owned by Patty Hanson, Blosom the cow has been named Guinness World Records’ tallest cow. How big and tall exactly is Blosom?

Grizzly Bear

Man, 56, Attacked By Bear Shot Accidentally By Hunting Partner Who Tried To Save Him From The Beast

A man attacked by bear was shot by his friend while the latter was attempting to spare him from the brutal attack of the beast.

Find Us on Facebook

travelers today

© Copyright 2014 Travelers Today All Rights Reserved.

Subscribe to our newsletter
Real Time Analytics