Sotheby’s contemporary evening sale vaults over estimate

A trio of strong paintings helped Sothebys contemporary evening sale vault over its pre-sale estimate of 24.1m to 32.7m to fetch 41.2m, or 48m with fees on 7 October. The sell through rate was a strong 91%.
An early and unusual Richter painting in two parts, Garten (1982), sparked a telephone bidding contest, eventually selling for 9m, or 10.2m with fees (est 3m-4m). Richters paintings from the early 1980s have been undervalued for a long time, Alex Branczik, Sothebys head of contemporary art in