Eric Clapton's Richter Sells for $34.2 Million
LONDON (AP) -- A Gerhard Richter painting owned by Eric Clapton has sold for 21.3 million pounds ($34.2 million), handily beating pre-sale estimates and setting a new auction record for the German abstract artist.
RELATED: Richest Stars Under 30
Sotheby's auction house says Richter's "Abstraktes Bild" sold to an anonymous buyer Friday in London, ending a more than five-minute bidding competition between two telephone buyers.
The 1994 abstract oil on canvas piece from guitarist Clapton's collection was expected to sell for between 9 million and 12 million pounds.
Friday's sale handily beat Richter's previous auction record of $21.9 million set in May in New York with the sale of his "Abstract Picture (7938-3)."
RELATED: Bing: Stars Who Went Broke
Mandy & Minka
From girls’ nights out to working out, see how Minka Kelly is helping Mandy Moore cope post-breakup!Watch Video »
Naomi Watts dishes on the secret to staying in touch with her inner child and more with Wonderwall.Watch Video »
Check out Salma Hayek's most wonderfully wacky Instagram posts on today's Celebs Gone Social.Watch Video »
Takes on Tinder!
Find out all about Hilary's experience with the dating app on Replay hosted by Wonderwall's Kirby Kristen.Watch Video »
Check out some of Kim Kardashian's tightest outfits.Watch Video »
Check out everything you need to know about Brooklyn Beckham from Instagram on today's Celebs Gone Social.Watch Video »
Like us on Facebook?
UP NEXTPrincess Debut
From Crowd Ignite