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Schwarz Rot Gold I - Signed Mixed Media by Gerhard Richter 1998 - MyArtBroker

Schwarz Rot Gold I
Signed Mixed Media

Gerhard Richter

£11,500-£18,000Value Indicator

$24,000-$35,000 Value Indicator

$21,000-$35,000 Value Indicator

¥110,000-¥170,000 Value Indicator

13,500-21,000 Value Indicator

$120,000-$190,000 Value Indicator

¥2,180,000-¥3,420,000 Value Indicator

$15,000-$24,000 Value Indicator

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42 x 30cm, Edition of 128, Mixed Media

Medium: Mixed Media
Edition size: 128
Year: 1998
Size: H 42cm x W 30cm
Signed: Yes
Format: Signed Mixed Media
Last Auction: December 2023

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Auction Results

Auction Date
Auction House
Location
Return to Seller
Hammer Price
Buyer Paid
December 2023
Grisebach
Germany
$14,000
$16,000
$22,000
November 2023
Van Ham Fine Art Auctions
Germany
November 2023
Van Ham Fine Art Auctions
Germany
October 2023
Van Ham Fine Art Auctions
Germany
June 2023
Grisebach
Germany
June 2021
Lempertz, Cologne
Germany
December 2019
Karl & Faber
Germany
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Track auction value trend

The value of Gerhard Richter's Schwarz Rot Gold I (signed) is estimated to be worth between £11,500 and £18,000. This mixed media artwork, created in 1998, has an auction history of 15 total sales since its entry to the market on 30th October 2001. The hammer price over the past five years has ranged from £10,610 in October 2023 to £13,248 in November 2023. The artwork has shown consistent value growth, with an average annual growth rate of 4%. This work is part of a limited edition of 128.

Created with Highcharts 11.4.8Dec 2019Aug 2020Apr 2021Dec 2021Aug 2022Apr 2023Dec 2023$10,000$12,500$15,000$17,500$20,000$22,500$25,000© MyArtBroker

Meaning & Analysis

In this simple yet effective print, we are party to the intricacies of Richter’s creative process. Resembling a fragment from the artist’s so-called ‘Atlas’ - a monumental collection of thousands of images, compiled by Richter himself, which has served as a cornerstone of his realist painting since the 1960s - the work speaks to Richter’s preparations for a sculptural work. This sculpture was commissioned by the German government in 1999, and was to hang in the atrium of the German Reichstag building. Racked by a 1933 fire that directly enabled the Nazi seizure of power, the Reichstag building had lain in ruins for over 60 years at its location in the heart of Berlin, adjacent to the Berlin Wall.

Consisting of three ‘bands’ of block colour, Richter’s sketch and its more polished cousin - (Schwarz Rot Gold IV (2015) - makes clear and symbolic reference to the German flag. These three bands of colour - black, red, and gold - were attacked by the Nazi regime, who reverted the German flag to its pre-1918, imperial colours following their seizure of power in 1933. Reinstated by both East and West Germany after the Second World War,  the flag stands as a symbol of German unity, democracy, and freedom. Conveying the renewed sense of social and political optimism that German reunification in 1991 brought with it, this work - and the 2043 centimetre-long site-specific sculpture it pre-dates - are emblematic of Richter’s long-standing engagement with German Vergangenheitsbewältigung - or ‘working through the past’.

  • 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.