Gerhard Richter 🇩🇪 Abstract • Contemporary Art • New Relea

[Poster Bob]

Jun 29, 2016 15:55:30 GMT 1 cyberkid said:

btw, P1 was sold yesterday at Philips, London for £31,250 (Estimate £8,000 - 12,000) !!
Richter is still a good investment...

Squigee style yes, flow, not so sure. The results for those have varied to a great extent in recent times.  

[Poster Bob]

Jun 29, 2016 16:28:39 GMT 1 therivler1 said:

anyone else get followup?

Even if Serpentine only had half the edition to sell, it is still a couple hundred people they need to get in touch with.

Many people have already been invoiced and paid. The prints will be ready in August. This is now standard procedure for a HENI release. Applications are gathered and those whom have previously purchased pieces but not sold them at auction (the edition numbers of which are recorded) are given priority. Once they've been taken care of they will move on to people who have no previous purchase history. 

[Billy Sport]

I think a big difference with these compared to other flow P series is the size. These should look impressive. Can anyone confirm if these are diptychs or not, I have heard conflicting reports.

[Poster Bob]

Two 100x100 cm panels just like the original works.

Jun 29, 2016 18:07:20 GMT 1 Billy Sport said:

I think a big difference with these compared to other flow P series is the size. These should look impressive. Can anyone confirm if these are diptychs or not, I have heard conflicting reports.

[john1539]

Hi, yes two panels of each 100x100cm. Very nice!

[Poster Bob]

Here are videos of the originals. They are shot close up so you can see the detail:

www.gerhard-richter.com/en/videos/abstracts/flow-cr-933-2-203

www.gerhard-richter.com/en/videos/abstracts/flow-cr-933-3-205

[cmodart]

Pulling the trigger
These are beautiful, and huge.
Also, at today's exchange rate, it's $6,650 USD. that's a ridiculous price for 2 x 40 x 40" panels.

[Pawel]

This waiting is killing me.
It's been an week or so since I sent the registration of interests. I will have so sell some art to fund it but I think it's worth it. The wait though...

[Dice]

Jul 1, 2016 13:08:05 GMT 1 cmodart said:

Pulling the trigger
These are beautiful, and huge.
Also, at today's exchange rate, it's $6,650 USD. that's a ridiculous price for 2 x 40 x 40" panels.

Lucky people living abroad :/

[Gunny]

Anyone else get lucky? Are they still sending offers?

[Poster Bob]

Jul 1, 2016 13:26:49 GMT 1 Pawel said:

This waiting is killing me.
It's been an week or so since I sent the registration of interests. I will have so sell some art to fund it but I think it's worth it. The wait though...

I think that there will be many of these soon available. A lot of people are not going to carry through with their purchase due to Brexit. Plus, these are not a solid investment. I have seen a number of posts in this thread in which people think the size dictates their future value. In Banksy terms, they think they're buying the next Girl With Balloon but lo and behold, they're actually buying a 100x200 unsigned Toxic Mary that many auction houses won't be interested in right out of the gate because of the massive edition size and the lack of a signature. 

[Happy Shopper]

Jul 1, 2016 14:47:01 GMT 1 Poster Bob said:

Jul 1, 2016 13:26:49 GMT 1 Pawel said:

...many auction houses won't be interested in right out of the gate because of the massive edition size and the lack of a signature. 

Sotheby's just sold a few of the these a couple of days ago. Small ones went unsold, but P1 £30,000
www.sothebys.com/en/auctions/ecatalogue/2016/contemporary-art-day-l16023/lot.255.htmland and P3 £5000
www.sothebys.com/content/sothebys/en/auctions/ecatalogue/2016/contemporary-art-day-l16023/lot.264.html

I've no idea why the huge price difference with these !??

[Poster Bob]

Jul 1, 2016 15:03:21 GMT 1 Happy Shopper said:

Jul 1, 2016 14:47:01 GMT 1 Poster Bob said:

...many auction houses won't be interested in right out of the gate because of the massive edition size and the lack of a signature. 

Sotheby's just sold a few of the these a couple of days ago. Small ones went unsold, but P1 £30,000
www.sothebys.com/en/auctions/ecatalogue/2016/contemporary-art-day-l16023/lot.255.htmland and P3 £5000
www.sothebys.com/content/sothebys/en/auctions/ecatalogue/2016/contemporary-art-day-l16023/lot.264.html

I've no idea why the huge price difference with these !??

Exactly. It sounds like you're not too familiar with his work. I think the best comparison is what I posted above, in Banksy terms. P1, P2 and anything from the abstraktes bild series are Girl with Balloon and all of the Flow series prints are Toxic Mary. Some are highly desirable and the others not much appreciated. A very large, unappreciated piece won't sell for much. If you choose not to believe me you go ahead and buy a set. Then when you call up Phillips in a year and they decline to list them just remember I told you so. 

[CREAM]

They are definitely still offering them, got an invoice this morning and know of two others who also got one.

[Pawel]

The P3 price is quite disappointing alright.
Wondering why P8-P11 estimate was so high compared to P3. Actually P1 estimate was equally low.

[Poster Bob]

It's the standard auction house practice of stating a horribly low price to elicit bids. I agree though, the p8-p11 estimate was far too high, perhaps they perceived extra value in a matching numbered set. p8-p11 also failed to sell last week at Bonham's and p13 sold after the auction for £2k plus fees, so the seller would have only broken even if they charged them 10% fees.

[Pawel]

This had to hurt. P3 sold in March for 12.5k and now for less than half.

[cmodart]

Jul 1, 2016 15:06:59 GMT 1 Poster Bob said:

Jul 1, 2016 15:03:21 GMT 1 Happy Shopper said:

Sotheby's just sold a few of the these a couple of days ago. Small ones went unsold, but P1 £30,000
www.sothebys.com/en/auctions/ecatalogue/2016/contemporary-art-day-l16023/lot.255.htmland and P3 £5000
www.sothebys.com/content/sothebys/en/auctions/ecatalogue/2016/contemporary-art-day-l16023/lot.264.html

I've no idea why the huge price difference with these !??

Exactly. It sounds like you're not too familiar with his work. I think the best comparison is what I posted above, in Banksy terms. P1, P2 and anything from the abstraktes bild series are Girl with Balloon and all of the Flow series prints are Toxic Mary. Some are highly desirable and the others not much appreciated. A very large, unappreciated piece won't sell for much. If you choose not to believe me you go ahead and buy a set. Then when you call up Phillips in a year and they decline to list them just remember I told you so. 

I will appreciate it very much on my wall, where the size does matter.  Forget all that other noise.

[nobokov]

Jun 30, 2016 10:31:51 GMT 1 Poster Bob said:

Here are videos of the originals. They are shot close up so you can see the detail:

www.gerhard-richter.com/en/videos/abstracts/flow-cr-933-2-203

www.gerhard-richter.com/en/videos/abstracts/flow-cr-933-3-205

The P15 in the video seems to be a lot greener and more vibrant than this reproduction.

I haven't heard back from Serpentine yet, beyond the initial confirmation email they sent last week. They must have a lot of people to work through.

[pippyt75]

I applied and got a no today. Sold out apparently. Hoping that a fair few of the sales don't go through so will hopefully get another chance but we'll see!

[cmodart]

I suspect the queue is substantial, notwithstanding those that might not make the wire. Nice people to deal with.

[superman]

Jul 1, 2016 15:43:49 GMT 1 Pawel said:

The P3 price is quite disappointing alright.
Wondering why P8-P11 estimate was so high compared to P3. Actually P1 estimate was equally low.

I personally love P1, P2 and P3.

P3 is amazing in flesh compared to P8 to P11, even P15 and P16.

[thisisit]

Jul 2, 2016 19:38:29 GMT 1 superman said:

Jul 1, 2016 15:43:49 GMT 1 Pawel said:

The P3 price is quite disappointing alright.
Wondering why P8-P11 estimate was so high compared to P3. Actually P1 estimate was equally low.

I personally love P1, P2 and P3.

P3 is amazing in flesh compared to P8 to P11, even P15 and P16.

How can you say that something is amazing in flesh compared to something that you have not see yet in flesh (i presume)?

[superman]

Jul 3, 2016 2:09:22 GMT 1 thisisit said:

Jul 2, 2016 19:38:29 GMT 1 superman said:

I personally love P1, P2 and P3.

P3 is amazing in flesh compared to P8 to P11, even P15 and P16.

How can you say that something is amazing in flesh compared to something that you have not see yet in flesh (i presume)?

I do own few bild prints by richter and flow series. it's like comparing banksy gwb with banksy sliver flag

[thisisit]

Jul 3, 2016 15:30:44 GMT 1 superman said:

Jul 3, 2016 2:09:22 GMT 1 thisisit said:

How can you say that something is amazing in flesh compared to something that you have not see yet in flesh (i presume)?

I do own few bild prints by richter and flow series. it's like comparing banksy Girl With Balloon with banksy sliver flag

You very specifically said that in flesh the p16 is not as good. And you have not seen it in flesh. That's all I have to say.
As for the banksy comparisons. I think they are dumb.

[Poster Bob]

If you think that his Banksy comparisons are inapt you know nothing of Richter's work and it clearly shows. Abstraktes Bild are held in much higher regard than the Flow Series. That's a fact and auction results prove it without a doubt. Richter's sought after works are abstract or photo-realism.

[thisisit]

Jul 3, 2016 19:58:34 GMT 1 Poster Bob said:

If you think that his Banksy comparisons are inapt you know nothing of Richter's work and it clearly shows. Abstraktes Bild are held in much higher regard than the Flow Series. That's a fact and auction results prove it without a doubt. Richter's sought after works are abstract or photo-realism.

I think that He compared the balloon girl that is a very low edition print on a regular screen printed paper, with the silver flag print of a much higher edition on a scrappy paper. 
The richter prints are same edition size and on similar material.  

He did specify on the physical appeal of them initially. and how they will look in person. which is what i was criticising.

And yes i do recognise that the abstraktes bild are more iconic of Richter's work. 

but at the same time the size gap in the richter prints is immense.  

So no I don't think that the Dimensions / print Material and edition size reflect onto the Richter comparison.

[Poster Bob]

You're clueless. That's fine. You go buy a set and try to sell them for £60k each, I mean they're twice the size, that's how it works.

[thisisit]

Jul 3, 2016 21:06:34 GMT 1 Poster Bob said:

You're clueless. That's fine. You go buy a set and try to sell them for £60k each, I mean they're twice the size, that's how it works.

Im not buying a set, and i have never sold any art before. I buy what i like. and i like P16

added this just because:

and i never said that they would sell double due to size. no need to twist stuff. 
I think you are just trying to enforce your points.
yes P1-P3 are better than any other P! I agree with that. 

what I'm saying is that no one can say if P16 is not good looking in person which is what i initially attacked, and will continue to if stupid Banksy comparisons keep coming up.
(p16 is not even physically made for you to see yet)

[Quinnster]

Jul 3, 2016 20:21:32 GMT 1 thisisit said:

Jul 3, 2016 19:58:34 GMT 1 Poster Bob said:

If you think that his Banksy comparisons are inapt you know nothing of Richter's work and it clearly shows. Abstraktes Bild are held in much higher regard than the Flow Series. That's a fact and auction results prove it without a doubt. Richter's sought after works are abstract or photo-realism.

I think that He compared the balloon girl that is a very low edition print on a regular screen printed paper, with the silver flag print of a much higher edition on a scrappy paper. 
The richter prints are same edition size and on similar material.  

He did specify on the physical appeal of them initially. and how they will look in person. which is what i was criticising.

And yes i do recognise that the abstraktes bild are more iconic of Richter's work. 

but at the same time the size gap in the richter prints is immense.  

So no I don't think that the Dimensions / print Material and edition size reflect onto the Richter comparison.

GWB is not a low edition print with all the APs...
150 signed 600 unsigned at least 88aps