Sotheby’s 14 Memorable Moments 2014


… Gerhard Richter’s Wand (Wall) sold at Sotheby’s London, February 12, 2014

Sotheby’s shared their 14 Memorable Moments from 2014.  One highlight is Gerhard Richter’s monumental abstract canvas Wand (Wall), which sold for over $28M, the third highest price achieved for any painting by the artist.  Sotheby’s auction sales for the first half of 2014 stand at $3.12 billion, the highest in the company’s history.  Sales of Impressionist and Modern Art have grown by 21% as compared to the same period in 2013  (more at Art Market Monitor).