Richter Painting Sells for $37 Million at NY Auction

Image: Richter Painting Sells for $37 Million at NY Auction People stand next to German artist Gerhard Richter's 'Domplatz, Mailand'.

Wednesday, 15 May 2013 07:41 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

A monumental 20th century masterpiece by German artist Gerhard Richter has sold for $37 million at a New York City auction.

Sotheby's says "Domplatz, Mailand" set a record for any living artist at auction. It was purchased Tuesday by a private American collector.

The 9-foot-by-9-foot oil was commissioned by Siemens Elettra in 1968 for its Milan offices.

It's considered an outstanding example of Richter's 1960s photo-painting technique. The work depicts a shopping center facing Milan's cathedral.

It was offered for sale by the Hyatt Hotels Corporation. Some of the proceeds will be used to acquire new art for its hotels.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

El Paso Lacking English-Speaking Foster Homes

Thursday, 24 Apr 2014 10:22 AM

A dearth of foster home providers who speak English is posing a problem in El Paso, Texas, where increasing numbers of c . . .

Texas Rep. Jackson Lee Blasts Georgia's New Gun Carry Law

Thursday, 24 Apr 2014 09:51 AM

Texas Democratic Rep. Sheila Jackson Lee has slammed the new law expanding gun carry rights in Georgia passed by the Rep . . .

Missouri GOP Lawmakers Move to Impeach Democratic Governor

Thursday, 24 Apr 2014 08:02 AM

Missouri Republican lawmakers are proposing three separate impeachment resolutions against Democratic Gov. Jay Nixon, Th . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved