The bold standard

"According to artnet, an online firm that tracks the art market, $76.9m worth of Mr Richter’s work was sold at auction in 2010. This was substantially more than any other living artist, including Jeff Koons, Damien Hirst or the Chinese favourite, Zeng Fanzhi. The market for Richter paintings is deep and widespread. Jasper Johns sells chiefly to ageing Americans and only his early works fetch exorbitant prices. By contrast, many periods of Mr Richter’s painting enjoy strong global demand."  [Read Full Article]

Published by:  The Economist
On:  10/08/11
Website:  http://www.economist.com

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