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Painting in Eric Clapton’s collection fetches record price for living artist at auction

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Abstraktes Bild (809-4), which was owned by the rock guitarist Eric Clapton, sold at Sotheby’s auction house in London to an anonymous buyer after five minutes of bidding. Pre-sale estimates valued the painting at between £9m and £12m.

The sale broke the previous auction record for a living artist of £17.8m paid for Jasper Johns’ Flag at Christie’s auction house in New York in 2010.

The price for the 1994 oil on canvas also beat Richter’s previous record, set in May when Abstraktes Bild (7938-3) sold for £13.5m.

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