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October 14, 2012

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Art record price

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 US$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 an anonymous buyer.

 

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