Eric Clapton-owned Richter painting to sell in NYC

Associated Press
This photo provided by Christie’s Auction House shows a 1994 oil painting by German abstract painter Gerhard Richter entitled "Abstraktes Bild." The painting, currently owned by English guitarist and songwriter Eric Clapton, will be offered at auction by Christie’s on November 12, 2013. (AP Photo/Christie’s Auction House)

NEW YORK (AP) — An oil painting by German abstract artist Gerhard Richter (GEHR'-hahrd RIHK'-tur) from Eric Clapton's collection is heading for a New York City auction.

Christie's auction house says "Abstraktes Bild" is estimated to sell for $20 million to $25 million on Nov. 12. It says the English guitarist and songwriter bought the painting at auction in 2001.

The large oil painting was executed in 1994. It has a rich palette of red, purple, violet and yellow evocative of a fall landscape.

Richter's "Domplatz, Mailand" (DOHM'-plahtz MY'-lahnd) set a record for any living artist at auction in May when it sold at Sotheby's for $37 million.