Richter gift to Dresden
Art in America, Oct, 2004
German artist Gerhard Richter, born in Dresden in 1932, recently gave his hometown 41 works from his private collection. Consisting mostly of major paintings dating from the early 1960s to the present, the gift is valued by experts at around $120 million. The works have already entered the Dresden State Art Collections and are on view this fall at the Albertinum gallery. Currently based in Cologne, Richter reestablished ties with Dresden in 2002 after giving the city a work to sell in support of that year's Danube flood relief efforts. At the moment, the works are in the form of a 20-year loan while specifics are worked out for their permanent transfer.
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