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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

£300,000-£450,000Value Indicator

$590,000-$890,000 Value Indicator

$540,000-$810,000 Value Indicator

¥2,710,000-¥4,070,000 Value Indicator

360,000-540,000 Value Indicator

$2,920,000-$4,370,000 Value Indicator

¥58,400,000-¥87,600,000 Value Indicator

$370,000-$560,000 Value Indicator

3% AAGR

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

There aren't enough data points on this work for a comprehensive result. Please speak to a specialist by making an enquiry.

Medium: Mixed Media

Edition size: 115

Year: 1993

Size: H 30cm x W 40cm

Signed: Yes

Format: Signed Mixed Media

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Gerhard Richter's Grün Blau Rot (Green, Blue, Red) from 1993, a mixed media artwork, is estimated to be worth between £300,000 and £450,000. This artwork has been sold 43 times at auction since its initial sale on 16th November 2000. In the past five years, the hammer price has ranged from £215,792 in July 2020 to £484,307 in December 2021. The average annual growth rate of this piece is 3%. This is a rare artwork and is part of a limited edition of 115. This artwork is signed by the artist.

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Auction Results

Auction DateAuction HouseLocation
Hammer Price
Return to Seller
Buyer Paid
Lempertz, Cologne Germany
December 2023Ketterer Kunst Hamburg Germany
March 2023Phillips Hong Kong Hong Kong
March 2023Sotheby's Paris France
December 2021Ketterer Kunst Hamburg Germany
June 2021Sotheby's Zurich Switzerland
October 2020Christie's London United Kingdom

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.