Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Friday, September 14, 2012

Clapton Places Painting For Auction

ArtEric Clapton, the legendary rock legend star, placed an abstract painting for auction and might be able to sell it for $19 million. The painting that he placed for auction is called "Abstraktes Bild (809-4)." While Clapton hopes to sell the painting for about $19 million, he could receive as little as $14 million. Regardless of what they sell the painting for, Clapton stands to make a profit because he purchased the painting for $3.4 million in 2001. 

See Eric Clapton Putting Abstract Painting Up For Auction, MSN, Sept. 13, 2012.

Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2012/09/clapton-places-painting-for-auction.html

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Comments

It is amazing that someone could sell a painting for that much. I'm actually wanting to attend a new england auctions to see what I can find. Hopefully I won't have to spend that much.

Posted by: Sally Johnson | Sep 19, 2012 7:21:02 AM

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