Gerhard Richter - Focus Report

11

KEY

TAKE

AWAYS

• 1985-1994 MAB’s highest CAGR was achieved by a 1990s painting that was resold after

one and a half year.

• Late 80s MAB averaged 11.4 years between resales compared to 8.7 years for

early 90s MAB.

• The (643) 1980s series and the (809) 1990s series performed exceptionally well,

with two paintings from each series appearing in the top 10.

Artwork

CAGR

Abstraktes Bild (770), 1992

114.6%

Abstraktes Bild (780-4), 1992

45.8%

Abstraktes Bild (712), 1990

39.1%

Abstraktes Bild (809-4), 1994

33.3%

Abstraktes Bild (643-5), 1987

32.4%

Gudrun (633), 1987

32.1%

Abstraktes Bild (625), 1987

29.8%

Abstraktes Bild (599), 1986

28.7%

A B, Brick Tower (643-1), 1987

28.3%

Abstraktes Bild (809-1), 1994

24.5%

Average

CAGR

22.8%

Average CAGR by Creation Period

Top 10 CAGR for 1985-1994 MAB

Number of Repeat Sales

Average Holding Period

Average CAGR

Average CAGR by Period

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

CAGR

Analysis