Gerhard Richter - Focus Report

8

KEY

TAKE

AWAYS

• Late 80s MAB achieved the highest average sale price.

• Early 90s MAB achieved a 100% sell-through rate.

• Early 90s MAB achieved a highest CAGR.

Below estimate Within estimate Above estimate

$771.8 M

MAB (1990-1994)

Sales Revenue

6 43 51

$745.8 M

MAB (1985-1989)

Sales Revenue

7%* 33%* 59%*

Sales Revenue by Creation Period

Considering 27 lots carrying presale estimates

Considering 35 lots carrying presale estimates

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

Period

Breakdown