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Art Market Overview: Gerhard Richter's Comeback

Published on , by Vanessa Schmitz-Grucker

2021 marked the German painter's recovery in the market, he was crowned the world's best-performing living artist at auction, according to Artprice.

On November 15, Sotheby's New York knocked down a 1993 Abstraktes Bild (Abstract... Art Market Overview: Gerhard Richter's Comeback
On November 15, Sotheby's New York knocked down a 1993 Abstraktes Bild (Abstract Painting) for $33 M.
Richter's performance in auction houses had been gradually declining since 2014, but 2021 saw him bounce back, achieving fifth place in the Artprice 2021…
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