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Grün Blau Rot (Green, Blue, Red) - Signed Mixed Media by Gerhard Richter 1993 - MyArtBroker

Grün Blau Rot (Green, Blue, Red)
Signed Mixed Media

Gerhard Richter

£270,000-£410,000Value Indicator

$560,000-$850,000 Value Indicator

$500,000-$760,000 Value Indicator

¥2,610,000-¥3,960,000 Value Indicator

320,000-480,000 Value Indicator

$2,780,000-$4,220,000 Value Indicator

¥51,060,000-¥77,530,000 Value Indicator

$360,000-$540,000 Value Indicator

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30 x 40cm, Edition of 115, Mixed Media

Medium: Mixed Media
Edition size: 115
Year: 1993
Size: H 30cm x W 40cm
Signed: Yes
Format: Signed Mixed Media
Last Auction: December 2023
Value Trend:
-7% AAGR

AAGR (5 years) This estimate blends recent public auction records with our own private sale data and network demand.

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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
December 2023
Ketterer Kunst Hamburg
Germany
£238,317
£280,373
£370,092
March 2023
Phillips Hong Kong
Hong Kong
March 2023
Sotheby's Paris
France
December 2021
Ketterer Kunst Hamburg
Germany
June 2021
Sotheby's Zurich
Switzerland
October 2020
Christie's London
United Kingdom
July 2020
Sotheby's London
United Kingdom
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Track auction value trend

The value of Gerhard Richter's Grün Blau Rot (Green, Blue, Red) (signed) is estimated to be worth between £270,000 and £410,000. This mixed media artwork, created in 1993, has an auction history of 37 total sales since its entry to the market on 16th November 2000. The hammer price in the last 12 months has varied from £215,792 in July 2020 to £484,307 in December 2021. The average annual growth rate of this piece is -7%. This work is part of a limited edition of 115.

Created with Highcharts 11.4.8Jul 2020Feb 2021Sep 2021Mar 2022Oct 2022May 2023Dec 2023£225,000£250,000£275,000£300,000£325,000£350,000£375,000£400,000© MyArtBroker

Meaning & Analysis

Similarly to the Wald paintings, Grün Blau Rot (Green, Blue, Red) confronts the viewer with an abstract composition combining layers of oil paint that vary in colours and textures. The artwork captures Richter’s continued negotiation between a conscious conceptual approach and the spontaneous paint distribution. The smooth surface of the top red layer of paint contrasts with the typical texture of Richter’s abstract works. Such paintings as Abstract Painting (726) (1990) or Abstract Painting (809-3) (1994) are characterised by the presence of subtle vertical lines, the characteristic traces of squeegee that has been dragged across the wet surface of the artwork.

Such 1990s abstract works as Grün Blau Rot (Green, Blue, Red) stand in opposition to Richter’s monochrome paintings of the earlier period. They show how the experimentation with colourful layers of oil paint allows the artist to move in the direction of lively, genre-defying compositions.

  • Hailing from Germany, Gerhard Richter has not been confined to one visual style. A testament to versatility and artistic diversity, Richter's work spans from photorealism to abstraction and conceptual art, and his portfolio is rich in varied media. From creating bold canvases to working on glass to distort the lines between wall-based art and sculpture, Richter has honed in on the blur technique to impart an ambiguity on his creations. To this day, Richter is one of the most recognised artists of the 20th century with his art having been presented in exhibitions worldwide. His global impact underscores his legacy as a trailblazer of artistic exploration.

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