The high-end art market has gone crazy. This evening, a painting by German artist Gerhard Richter, “Abstraktes Bild (809-1),” is expected to sell for around $25 million. A triptych by Francis Bacon, “Three Studies of Lucian Freud,” also to be autioned by Christie’s this evening in New York, has an estimated value of $85 million. … Continue reading Art: Painting By Gerhard Richter Expected To Net Eric Clapton Nearly $25 Million →