Rating and value of paintings by Gerhard Richter

Gerhard Richter, huile sur toile

If you own a work by or based on the artist Gerhard Richter and would like to know its value, our state-approved experts and auctioneers will guide you.

Our specialists will carry out a free appraisal of your work, and provide you with a precise estimate of its value on the current market.

Then, if you wish to sell your work, we will direct you to the best possible arrangement to obtain the optimum price.


Artist's rating and value

A polymorphic painter, Gerhard Richter won over the art critics, dealers and collectors of his day. Since then, the artist's works have established themselves as sure values on the art market.

From the 1990s onwards, his stock exploded and showed steady growth, particularly for his works produced from the 50s onwards. Thus, the price at which Richter's works sell ranges from €20 to €36,328,500.

In 2015, an oil on canvas from 1986 entitled Abstract Painting was sold for €36,328,500, while it was estimated at €18,837,000 to €26,910,000.

Order of value ranging from the most basic to the most prestigious

Technique used

Result

Photography

From 150 to 516,800 €

Drawing - watercolor

From €370 to €720,000

Estamp - multiple

From €20 to €1,117,560

Oil on canvas

From €40 to €36,328,500

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The artist's works and style

Gerhard Richter is a polymorphic painter who works with a variety of materials. He produces many prints, but also drawings and oils on canvas, which are his most highly regarded works. He moved from figuratism to abstraction. In some of his works, we can discern a neo-plastic influence.

So, he moves between figuration (painting from photographs, portraits, landscapes) and abstraction (abstract panels, colored bands, scraped surfaces). The blurred works, also known as " blur " consist of applying paint and then blurring it in order to erase the sharpness and question photography as mimesis.

He also works with abstraction by scraping " sqeegee ", a large tool slid over the still-fresh paint, revealing its layers and mixing control and chance. He seeks an ambivalence between reality and image, believing that " what appears to capture the truth is often uncertain ".

Richter varies media, from the photographs on which he paints to the Cologne stained-glass window in 2007. His work reflects a diversity of scale and style, with landscapes, still lifes and historical series dealing with collective memory.

For figurative works, he uses the projection of photographs onto canvas, sketching, painstaking painting and then fading or blurring. For abstractions, he applies successive layers of paint (often oil-based), followed by scraping with a sqeegee or spatula. He works the surface until the underlying colors are revealed.

In the abstractions, Richter develops superimpositions, eliminations, scrapings and erasures with the aim of creating a surface rich in traces of gesture.

His technique blends control and chance. Much of his work focuses on the theme of historical imprint and memory. In the " Birkenau " series, he starts with documentary photographs of the Holocaust, paints them and then covers them, scraping the surface to abstraction, while ensuring the visual trace of erasure.

He varies the media in addition to canvas and photography, and also uses glass, stained glass and reflective installations.

Gerhard Richter, German abstraction

Gerhard Richter was born in Dresden (Germany) in 1932. He initially trained as a painter, entering the Dresden Academy of Fine Arts. There he obtained a Master's degree, which granted him access to a studio for three years.

He was greatly influenced early in his career by Jackson Pollock and Lucio Fontana.
His first works are based on press photographs. Working as a photographer in parallel, he drew inspiration from the subjects he photographed to produce his first canvases. Later, he began to direct his pictorial approach towards abstraction, invariably naming his canvases " Abstraktes Bild " -

His talent was quickly recognized, which is why he went on to teach and gain great legitimacy as a Professor in Hamburg, Düsseldorf and Canada.

Under West Germany, he continued to work from his photographs, while the Nouveaux Fauves were gaining notoriety. During this period, Richter is fascinated by the skulls he paints upside down - paying homage to fellow artist Georg Baselitz.

He remains active until 2018. 

Gerhard Richter: the figures

+21,7%

rating trend

42 026 712

annual sales
Gerhard Richter, photographie peinte

Market segmentation and the artist's rating

The works by Gerhard Richter that are valued on the auction market are first and foremost the large abstract canvases such as Abstraktes Bild, with their premium support. Figurative paintings are also important, with blurred landscapes known as " photo-paintings) making up a high segment.

Works on paper, limited editions and prints then make up the most accessible segment. Typical buyers are high-end international collectors, major museum institutions, contemporary art collectors and investors.

The secondary market is predominant, with many transactions via auction houses. The primary market is less accessible and highly controlled. Overall, his works sell mainly in Europe, the United States, and Asia.

The influencing factors are the size of the work, the period (e.g. 1960s vs. 1980s+), the style (abstraction vs. figuration), provenance, condition, and the presence of an exhibition or catalog raisonné.

The record bid is held by Abstraktes Bild (1986) sold for around 45,356,000 USD. Domplatz, Mailand, dating from 1968 went for 37.1 USD in 2013.

In 2021, Richter's total auction sales amounted to 247.3 M USD, up 89% on 2019. The " sold lot " rate in 2018 was around 14% by value, according to one analysis.

For medium-sized works, prices can start in the hundreds of thousands of euros (or even less for editions or secondary works). Richter is sometimes considered Europe's most expensive living painter.

Gerhard Richter's imprint on twentieth-century German art

Gerhard Richter has left a colossal imprint on the history of art, making a major contribution to German abstraction. His artistic approach of working from photographs is rather unconventional, establishing a clear porosity between his photographs and his canvases.

In 2012, he was the world's most expensive living artist. His considerable output is one of the most highly rated on the auction market.

His signature

Not all of Gerhard Richter's works are signed.

An example of his signature can be seen in the drawing below.

Signature de Gerhard Richter

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