Gerhard Richter - Focus Report

10

KEY

TAKE

AWAYS

• All top 10 MAB from 1985-1994 fetched prices exceeding $37M each when adjusted

for inf lation.

• These top records were achieved with a split of 60% in New York and 40% in London.

• Over 70% of MAB from 1985-1994 fetched prices exceeding $10M each when adjusted

for inf lation.

Market Share by Price Segment

Top 10 MAB (1985-1994) by Inflation Adjusted Price

Artwork Sales Date Auction Price

*

Inf lation-

Adjusted Price

(USD)

**

Abstraktes Bild (599), 1986

10/02/2015 £30 389 000 $59 976 834

Abstraktes Bild (809-4), 1994

12/10/2012 £21 321 250 $45 854 803

A B Still (612-4), 1986

17/11/2016 $33 987 500 $43 371 536

Abstraktes Bild (709), 1989

13/02/2014 £32 563 228 $42 697 012

Abstraktes Bild (648-3), 1987

12/11/2014 $31 525 000 $41 085 210

Abstraktes Bild (809-4), 1994

10/05/2022 $38 175 000 $40 479 382

Abstraktes Bild (636), 1987

14/11/2018 $32 000 000 $39 126 820

Abstraktes Bild (712), 1990

13/05/2014 $29 285 000 $38 176 383

Blau (658), 1988

14/05/2014 $28 725 000 $37 446 358

Wand (Wall) (806), 1994

12/02/2014 £17 442 500 $37 290 616

Price

Volume

Market Share by Price Segment

B

B

All sales prices include buyers premium

All prices are adjusted for inf lation using the December 2023 US CPIU index consumer price index

AU C T I O N M A R K E T (2 0 0 4-2 0 2 3)

Price

Analysis