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Eric Clapton-owned Richter painting to sell in NYC

September 27, 2013

NEW YORK (AP) — A work by German abstract painter Gerhard Richter from the collection of Eric Clapton is heading for a New York City auction.

Christie’s says “Abstraktes Bild” is estimated to sell for $20 million to $25 million on Nov. 12.

It says the English guitarist and songwriter purchased the oil painting at auction in 2001.

The large oil painting was executed in 1994. It has a rich palette of red, purple, violet and yellow evocative of a fall landscape.

Richter’s “Domplatz, Mailand” set a record for any living artist at auction in May when it sold at Sotheby’s for $37 million.

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