Each month Rare Posters Inc. offers bespoke research and analysis on the most valuable and collectable modern and contemporary artists of today. These valuations offer a snapshot view into the trends of today’s art market and can help art lovers build valuable assets and investments with the art they love. This October, Rare Posters Inc. covers the German artist Gerhard Richter.
Gerhard Richter (b.1932) lived through WWII Germany in Dresden and smaller towns close to the Czech border. A notoriously bad student, Richter learned about art and art history around the age of 15 from the libraries, made by Russian troops, from confiscated homes of the wealthy. Richter later enrolled in the Dresden Art Academy and became involved with the Galerie Friedrich & Dahlem, where he had his first exhibition during his final weeks at the academy in 1964.
Since the 1960’s Richter has been interested and immersed in the relationship between photographic sources and painting; using photographs as his basis and rebelling against the typical notions of what paintings should be. Concurrently, Richter also moved away from typical subject matters, and began painting eclectic subjects including military aircraft, family portraits, groups of people, murder, death, dying and war. At the end of the 60’s Richter painted mostly aerial views of towns, cities and mountain ranges which investigated through abstraction and experimentation with delicate grisaille shadow paintings, grey monochromes - eventually resulting in his now famous color streak paintings. Throughout the 70’s Richter explored color blocks while grappling with the concepts of anti-expressive minimalism and ideas about the death of painting. The year 1977 was a particularly breakthrough year for Richter wherein he created a substantial number of colorful abstract works, that welcomed an array of patterns, textures, surfaces and techniques with an energetic investigatory zeal. By the end of the 1980s, Richter was among the most prominent painters in both Germany and the world, with his gallery representation shifting too to Marian Goodman in New York and Anthony d'Offay in London.
Represented by top notch galleries and alongside esteemed artists, Richter’s works have always risen in value over time, especially in the last decade. Signed offset prints of Victoria I and Victoria II were worth $714 in 2000, $1893 in 2004, $2500 in 2006 and $8000 in 2013. Similarly, signed and numbered serigraphs of the popular piece Eis 2 was worth $4500 in 2003, $8000 in 2004, $16000 in 2005 and $37000 in 2013. Richter has also produced a number of highly collectible rare and editioned lithographs that range in between $300 - $1500. Like everything Richter produces, his high quality print-multiples images are vivid, sharp and of excellent quality.
- By Jason-Louise A. Graham
For the month of October we will also offer free shipping on select Gerhard Richter items at www.Rareposters.com.
Be sure to follow our monthly signature auctions at Live Auctioneers and Invaluable Auctions in which many of our top investment artists in contemporary art will feature.