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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

£14,500-£22,000Value Indicator

$29,000-$45,000 Value Indicator

$26,000-$40,000 Value Indicator

¥130,000-¥200,000 Value Indicator

17,000-26,000 Value Indicator

$140,000-$220,000 Value Indicator

¥2,770,000-¥4,200,000 Value Indicator

$18,000-$28,000 Value Indicator

5% AAGR

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

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Medium: Mixed Media

Edition size: 128

Year: 1998

Size: H 42cm x W 30cm

Signed: Yes

Format: Signed Mixed Media

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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 £14,500 and £22,000. This mixed media artwork, created in 1998, has an auction history of 15 total sales since its initial sale on 30th October 2001. Over the past five years, the hammer price has ranged from £10,610 in October 2023 to £13,248 in November 2023. The average annual growth rate of this work is 5%. The edition size of this artwork is limited to 128.

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Auction Results

Auction DateAuction HouseLocation
Hammer Price
Return to Seller
Buyer Paid
Lempertz, Cologne Germany
December 2023Grisebach Germany
November 2023Van Ham Fine Art Auctions Germany
November 2023Van Ham Fine Art Auctions Germany
October 2023Van Ham Fine Art Auctions Germany
June 2023Grisebach Germany
June 2021Lempertz, Cologne Germany

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.