$450,000 Gerhard Richter work leads sale of 'high quality and international scope'

paulfrasercollectibles

2015-06-26 12:31:53

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$450,000 Gerhard Richter work leads sale of 'high quality and international scope'

A Felix Gonzalez-Torres's sculpture will also star in Christie's First Open auctionof contemporary art

Christie's has announced their Fall 2011 edition of First Open, a sale of Post- War and Contemporary Art, set for September 21, 2011.

The auction will feature an international selection of works by recognised post-war masters and today's leading artists such as Gerhard Richter, Felix Gonzalez-Torres and George Condo.

The sale offers a total of 337 lots with a wide range of price points to all collectors of the genre. First Open is expected to achieve in the range of $10m.

Sara Friedlander, Head of First Open, comments:

"First Open has become the ideal collecting opportunity for both new and experienced buyers of Post-War and Contemporary Art and this sale is exceptional for the combination of high quality and international scope.

"The selection ranges from the US, France and Germany to Japan, Iran, Mexico and beyond. We look forward to kicking off the fall season with this event that is always eagerly anticipated, by seasoned collectors and those who are new to the market alike."

Leading the sale is a highly important example of the renowned abstract paintings executed by Gerhard Richter (b. 1932) in the late 1990s.

Gerhard Richter Abstraktes BildDynamic: Gerhard Richter's Abstraktes Bild

This Abstraktes Bild (oil on aludibond) painted in 1997 exhibits the dynamism, sensuousness and glorious colour that are so highly coveted in this key series of Richter's work (Estimate: $350,000 - 450,000).

Other highlights of the sale include: Felix Gonzalez-Torres's (1957-1996) Untitled - a silver-plated brass work executed in 1995 which is estimated at $200,000-300,000

The only permanent sculpture ever created by Torres, whom Christie's describe as 'a poet of the ephemeral', Untitled evokes the joys of love, and the anguish of its sudden loss, through a beguilingly simple juxtaposition of two silver-coated brass rings, mounted side-by-side.

The present lot is number five in an edition of just twelve. Watch this space for more news of this impressive sale.

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