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Gerhard Richter painting sold for $34 million

An oil painting by the German artist Gerhard Richter — and owned by guitarist Eric Clapton — has been sold for $34 million, an auction record for a work by a living artist. Titled “Abstraktes Bild,” the painting was done in 1994. The artwork was sold to an anonymous bidder at Sotheby’s in London Friday. Richter, 80, who lives in Cologne, is considered by some to be the world’s greatest living painter.

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