Gerhard Richter's Dϋsenjäger, 1963

Gerhard Richter
Dϋsenjäger, 1963

Painting

Unique

"Estimated to sell for upwards of $25 million at a Phillips auction last November, Gerhard Richter’s Düsenjäger (1963) was the top lot at Phillips’s 20th-century and contemporary art evening sale last November—without attracting a single bid in the room. The Richter had been guaranteed for $24 million by 28-year-old Beijing businessman and art collector Zhang Chang. But Zhang has so far refused to pay." This has resulted in several lawsuits even as Phillips has already paid the seller, rumored to be Paul Allen. www.artsy.net/article/artsy-editorial-24-million-…

"Estimated to sell for upwards of $25 million at a Phillips auction last November, Gerhard Richter’s Düsenjäger (1963) was the top lot at Phillips’s 20th-century and contemporary art evening sale… more

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