Richter painting sale sets record for living artist

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  • Visitors look at Gerhard Richter's "Abstraktes Bild (809-4) from 1994 which has an estimated value of £9 to £12 million (US$14.1-$18.8 million) at Sotheby's London October 8, 2012. REUTERS/Suzanne PlunkettView Photo

    Visitors look at Gerhard Richter's "Abstraktes Bild (809-4) from 1994 which has an …

LONDON (Reuters) - An abstract painting by German artist Gerhard Richter has a set a new record for the price paid at auction for the work of a living artist, after selling for $34.2 million, Sotheby's auction house in London said.

"Abstraktes Bild (809-4)", from the collection of rock guitarist Eric Clapton, was sold to anonymous buyer after five minutes of bidding late on Friday, triggering a round of applause.

via ca.news.yahoo.com