A Gerhard Richter Painting Became the Most Expensive Work by a Western Artist Sold at an Asian Auction
![A Gerhard Richter Painting Became the Most Expensive Work by a Western Artist Sold at an Asian Auction](https://d7hftxdivxxvm.cloudfront.net/?quality=80&resize_to=width&src=https%3A%2F%2Fartsy-media-uploads.s3.amazonaws.com%2FJdUueUOlEzNNt0UGz-5H9w%252FGerhard%2BRichter_Abstraktes%2BBild%2B%255B649-2%255D.jpg&width=910)
The 1987 Richter canvas sold for over $27 million at Sotheby’s Hong Kong whose total sales set an auction record for contemporary art at Sotheby’s in Asia.
![](https://d7hftxdivxxvm.cloudfront.net/?quality=80&resize_to=width&src=https%3A%2F%2Fartsy-media-uploads.s3.amazonaws.com%2Fd8x6mcTPzUGRU8sR8Kkn-A%252FGerhard_Richter_Sitzende_1961.jpg&width=450)
Revisiting Gerhard Richter's Rare Early Works
![](https://i.guim.co.uk/img/static/sys-images/Guardian/Pix/pictures/2015/3/6/1425669626984/2c7b3195-1bfc-4f2b-89c6-fb82fa7e4c16-2060x1236.jpeg?width=620&quality=85&auto=format&fit=max&s=65e9c6812395fe20d85af0d2e955343c)
Amount of money that art sells for is shocking, says painter Gerhard
![](https://images.squarespace-cdn.com/content/v1/5d94e1577e53db44ee3597ca/1600685079411-5J3BB5XM19OBJXBQ68D1/cff9d21bd03d5a16eaa10acbefc718b5e97beaf6.jpg)
The Value: Gerhard Richter's US$15m Abstract Painting Up for
Gerhard Richter Auction Market Personal Report
![](https://i.pinimg.com/originals/35/0a/40/350a403c8fafe7f8bd980598ac126d4d.png)
The Value: Gerhard Richter's US$15m Abstract Painting Up for
![](https://cdn.sanity.io/images/cxgd3urn/production/540b20e42f3f71f5d1ba61bc1b7603ddd0462ee4-5224x8960.jpg?w=1920&h=3293&fit=crop&auto=format)
Gerhard Richter painting becomes most expensive western work ever
Gerhard Richter painting brings in $46.3 million at auction - Los
Asia's superrich build their own art museums - The San Diego Union
![](https://assets.phillips.com/image/upload/t_Website_LotDetailMainImage/v1/auctions/HK010121/13_001.jpg)
A Gerhard Richter Painting Became The Most Expensive Work, 50% OFF
Wall-Sized Painting by Gerhard Richter Could Fetch $30 Million at
![](https://cdn.i-scmp.com/sites/default/files/styles/768x768/public/d8/images/canvas/2023/03/21/3b83aeae-98dc-4377-8d36-4d4ca4ad6f0a_d5439421.jpg?itok=tH_A9BFF&v=1679387266)
How Asian collectors are seeking a bigger piece of the art market