Art Investment

Richter's painting for 20 million transferred to the Museum of Israel

The most expensive work by Gerhard Richter, it turns out, bought at auction banker Edmond Safra's widow - Lily Safra. And the next day decided to give it to the Museum of Israel in memory of her husband

Gerhard Richter
abstract painting (849-3). 1997
Source: nytimes.com

One of the troubles of the art world in that the false rumor, repeated again and again, gradually begin to seem true. A recent example: after the abstract paintings by Gerhard Richter went under the hammer at Sotheby's in November 2011 for a record for the artist 20.8 million dollars , some spectators in the hall suggested that her anonymous telephone buyer was a French billionaire Bernard Arnault (Bernard Arnault).'s guess was based on strong reasons: Mr. Arno - a big fan of contemporary art at least large pockets, and he also plans to build a private museum for $ 200 million project of the Los Angeles architect Frank Gehry.

But now Richter is still not bought the Arno, and Lily Safra (Lily Safra) - widow of banker Edmond J. . Safra (Edmond J. Safra). This lady is famous for "extravagant» purchase of the sculpture" Walking man I »Alberto Giacometti for 104.3 million dollars at Sotheby's auction in London two years ago. And now appeared in her collection and record-high Richter. The next morning after this purchase, Mrs. Safra called the director of the Israel Museum, James Snyder (James S. Snyder): «she said she fell in love with this picture and wants to give it to the museum in memory of her husband. For us it was an absolute surprise ».

« abstract painting (849-3) "1997 glossy pink and blue colors is one of many of the same name (Abstraktes Bild) works Richter, and and the third and last in a series of 849. This is a huge (260 x 340) canvas created by smearing and scraping layers of paint with a spatula. This technique turns a peculiar effect obsharpannosti. This is the second important work in the Richter collection of the Museum of Israel, the first is completed in 1991 year and is in a museum in terms of a loan for a long time for an anonymous collector.

Safra was not the first time evince the museum's location: In 2009, Safra Foundation has allocated to the Museum of Israel's $ 12 million for construction new wing, named for the spouses.

Prepared by Mary Onuchina, AI

Source: artinvestment.ru


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