Eric Clapton is selling a painting by Gerhard Richter valued at $20 million -- almost 20 times what he paid for it in 2001.

The 1994 oil-on-canvas “Abstraktes Bild (809-4)” is one of a series of three Richter paintings bought by the U.K.-born rock guitarist for $3.4 million in total at Sotheby’s (BID) New York in November 2001. At the time, this was an auction record for a lot containing abstracts by the German artist.