The First Art Newspaper on the Net   Established in 1996 United States Thursday, July 27, 2017


Gerhard Richter's Abstraktes Bild (774-4) to be sold to realize Linda Pace's philanthropic vision
Gerhard Richter (b. 1932), Abstraktes Bild (774-4). Oil on canvas, 78 3/4 x 70 7/8in. (200 x 180cm.). Painted in 1992. Estimate: $14,000,000-18,000,000. Photo: Christie's Images Ltd 2014.


NEW YORK, NY.- Christie’s announced the upcoming sale of an important work by Gerhard Richter consigned by the Linda Pace Foundation, San Antonio, Texas. Painted in 1992, at the height of Gerhard Richter's abstract practice, Abstraktes Bild (774-4) is a seminal example of his multi-layered abstract style that the artist began exploring in the late 1980's. First exhibited in Rome the same year of its execution, the painting was shown alongside an exclusive selection of Richter’s finest work from that year, a corpus that today stands as the most beautiful and dramatic body of abstract paintings ever created by the artist. Estimated $14-18 million, all proceeds from the sale of this work will be directed to establish a board-designated fund to achieve the Founder’s mandate to build an architecturally significant exhibition space to showcase the Linda Pace Foundation’s growing permanent collection to the public.

“We are honored that Christie’s has been entrusted with the sale of Abstraktes Bild (774-4) from the Linda Pace Foundation. Linda had a prescient vision for contemporary art, and was one of the first collectors who truly understood the new visual language in this series of paintings, with an ability to embrace both the aesthetic beauty and conceptual rigor of this dazzling canvas. Gerhard Richter is certainly the greatest abstract painter working today and Abstraktes Bild is among one of his most significant works, a superb testament to the artist’s mastery of the most spectacularly iconic forms of abstraction in contemporary art. The demand for such a masterpiece will be global and we anticipate excitement in the saleroom as international collectors compete for this major work,” declared Laura Paulson, Chairman and International Director for Post-War and Contemporary Art.

Painted the year he first exhibited his large scale Abstraktes Bild at Documenta IX in 1992, this particular example explores the stunning effect of the vertical grid, treated in high-keyed, saturated chromatic striations, refracted light careens throughout the surface, which emerges as cascades of chroma that, as Robert Storr writes, almost “sting the eye”. These electric colors arise from the spontaneous melding of pigment as the squeegee is scraped over the canvas. Moving randomly among the group of four pictures from one to the next in this cycle, Richter’s bodily rhythms, his intuitive sense of when to move forward and when to stand away, create the rhythmic alternations of smear, line, and blur, allowing the paint to move in a heady start and stop of intentionality and chance, where flames of red interpenetrate the almost blackened magenta or cobalt blue hues configure striations of blazing yellow and red, which in turn enfold the whole in a sumptuous blanket of impasto. Abstraktes Bild (744-4) is stunning for its surface agitations, a surface that has come about as a result only in part through chance operations. Richter sets certain boundaries – canvas size, originating palette, tools, the manner of scraping and drawing the squeegee over the canvas – yet allows the elements to take their course. It is the combination of parameters set by the artist and the chance operations he activates that produce such glorious surfaces as we find in Abstraktes Bild (744-4).

The extraordinary vision of artist, collector, and philanthropist Linda Pace is clear from her immediate appreciation of Gerhard Richter’s abstract work. Purchased by Pace for her private collection upon its creation, Abstraktes Bild has not left the residence since 1993. Her deep aesthetic understanding continues to be championed by the work of the Linda Pace Foundation, which was founded in 2003 with the mission to foster the creation, presentation, and understanding of innovative expression through contemporary art. With nearly nine million dollars in Foundation grants awarded to artists and contemporary arts organizations around the world, the vision of the Founder, Linda Pace, will be fulfilled by the sale of this magnificent work. Funds from the sale will be used to realize the one remaining Founder mandate, which is the establishment of an arts campus in San Antonio, Texas, the home of the Foundation, which will have as its centerpiece an exhibition space for the Foundation’s growing collection of over six hundred paintings, sculptures, installation and video works by international contemporary artists.

“The Linda Pace Foundation is proud to partner with Christie’s for the sale of Abstraktes Bild (774-4) an impressive and art-historically relevant example of Gerhard Richter’s abstract paintings, which has been on view in Linda Pace's private residence since its acquisition in 1993. The Foundation's acquisitions are guided by Pace’s own collecting style, which favored works that reflected her own feminist perspective, her engagement in social issues, and consideration of spirituality and beauty. Linda's generous aspirations to make her collection available to the public through an arts campus may be realized by her investment in Richter's important work, Abstraktes Bild (774-4).” Declared Foundation Trustee, Kathryn Kanjo.

Linda Pace (1945–2007) is one of those rare individuals, who took great risks in order to make her mark on the world. An inspirational figure, Pace was driven by the belief that art is a vital social force. A true visionary, she boldly fostered today’s most adventurous artists by establishing ArtPace San Antonio in her hometown, which offers artists from all over the world an environment that encourages experimentation and growth. In stewardship and execution of her curatorial aesthetic, as well as her vision and mandate to create an “artful campus”, proceeds from the sale of Richter's Abstraktes Bild (774-4) will establish a board-designated fund to realize an arts campus that includes a David Adjaye-designed building to exhibit the Foundation’s growing collection and serve as a destination for contemplation and experience of adventurous artwork from the recent past.

The Linda Pace Foundation was founded in 2003 and is governed by Trustees, all of whom were appointed by Linda Pace. The Foundation provides annual support to ArtPace - the internationally respected artist residency program that Linda founded in 1995; CHRISpark – San Antonio’s only privately owned and operated public park, dedicated to Linda’s son, with visual experiences designed by Teresita Fernandez; and SPACE opened in 2013 which provides the first opportunity to publically exhibit works of the Foundation’s contemporary art collection. Since its inception, the Foundation has loaned over 200 works to museums throughout the world and continues to expand its collection.






Today's News

October 15, 2014

Exhibition at National Gallery in London explores Rembrandt's final years of painting

Christie's unveils Francis Bacon's 'Seated Figure (Red Cardinal)' in London

Gerhard Richter's Abstraktes Bild (774-4) to be sold to realize Linda Pace's philanthropic vision

Self-portrait by Pablo Picasso that has not previously been exhibited in public goes on view in London

Greek culture minister says Elgin Marbles return a matter of 'global heritage'

Exhibition at the Getty explores one of Peter Paul Rubens's greatest achievements

Austria desperately seeking taker for Hitler's house where he was born in Braunau

Vikings' European treasure trove unearthed by metal-detecting enthusiast in Scotland

Midnight Sun Antique Auctions to offer candelabrum from Wiener Werkstatte decorative arts and crafts movement

British team that found Richard III now looking for remains of last Anglo-Saxon king

Secret lives of the mannequin revealed at the Fitzwilliam Museum in Cambridge

Ned Kelly goes off with a bang at Bonhams' Sidney Nolan Estate sale in Melbourne

Christie's London sale of works from the Essl Collection achieves $75,306,431

The evolution of art in the home

Wendy Mark's 'Beginning with Square One' on view at Jill Newhouse Gallery

Philippe Parreno’s third solo exhibition at Pilar Corrias opens in London

Exhibition of new paintings by Kerry James Marshall on view at David Zwirner in London

November catalog auction to feature unprecedented football offering

Latvian Centre for Contemporary Art presents work on elderly Latvian woman with knowledge on healing

Carsten Höller turns Frieze booth into children's playground

Tate acquires 100th work from Frieze Art Fair

First U.K exhibition by American artist Justin Adian opens at Skarstedt London

Balloons, 'Heroes' to mark 25 years since fall of Berlin Wall

Most Popular Last Seven Days



1.- New Van Dyck painting on display at the Ashmolean

2.- Muscarelle Museum of Art chief curator identifies Paul Cézanne painting

3.- Sarah Lucas' first major museum exhibition in the United States opens in San Francisco

4.- The Museum of Contemporary Art Chicago opens first-ever museum exhibition of Amanda Williams

5.- "Irene Williams: Queen of Lincoln Road" harkens back to a more colorful time on South Beach

6.- Paris show of Impressionist masterpieces never seen in West

7.- Scientists find that Aborigines have been in Australia longer than previously thought

8.- Exhibition at Haus der Kunst focuses on two pivotal exhibitions held in 1937

9.- Spanish judge schedules Dali exhumation for July 20

10.- 'The Noise' breathes the romance back into Formula One



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez


Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful