The Schmooze

Paintings By Richter And Freud Go on Auction Block

(Reuters) — An abstract painting by German artist Gerhard Richter will go on sale for the first time at Sotheby’s Contemporary Art Sale in London, alongside works by Lucian Freud and Andy Warhol, Sotheby’s said on Wednesday.

Richter’s “Wand (Wall)”, painted in 1994, has been shown in 20 museum exhibitions, including the Richter retrospective “Forty Years of Painting” at the Museum of Modern Art in New York, but it has never before been offered for sale by the artist, the auction house said.

The oil painting, whose price is expected to exceed 15 million pounds ($25 million), features “bold bands of cadmium red, blue and magenta”, showcasing the revolutionary technique Richter developed in the previous decade.

Another high-profile newcomer onto the art market will be the 1961 painting “Head on a Green Sofa” by German-born British artist Lucian Freud, which depicts his long-time companion Belinda ‘Bindy’ Lambton.

In the portrait, the price of which is estimated at between 2.5 and 3.5 million pounds, Bindy appears to be nude, and her famously angular face is shown leaning on the arm of a green sofa, “beautifully expressive and almost sculptural in form”.

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Paintings By Richter And Freud Go on Auction Block

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