As a grown up price indices of modern and post-war artists for the last 10 years?
ARTinvestment.RU   09 июля 2013

According to estimates site artprice, over the past 10 years, the price indexes of leading contemporary and post-war artists grew up in two, three or even five (as in the case of Jean-Michel Basquiat) times

evening auction of postwar and contemporary art in recent shine records - both in total revenue and new personal records of key artists. Website artprice calculated as price indices increased number of major authors in the last decade.

So, the best the best - Jean-Michel Basquiat . Its price index with 2003 increased by 501%, that is up to 6 times! The most expensive work to date Basquiat - "blurred head (Dustheads)» 1982: at Christie's on May 15 this year it paid for 48.8 million dollars . And just at the end of last month at a London auction another job Basquiat in 1982 sold for 18.76 million pounds ($ 28.97 million): the result was about a quarter of total revenue evening auction Christie's.

After Jean-Michel Basquiat's solid price gains in 10 years showed the following post-war and contemporary authors: Yves Klein (421%of the price index), Lucio Fontana (214 %), Tom Wesselmann (186%), Gerhard Richter (157%) and Francis Bacon (152%).


YVES KLEIN
Untitled sculpture of the blue sponges. 1959
Sotheby's. 14.05.2013
Estimate on request
Result: $ 22 million
Source: sothebys.com
Lucio FONTANA Spatial Concept, the churches of Venice. 1961
Lucio FONTANA Spatial Concept, the churches of Venice. 1961
Sotheby's. 26.06.2013
Estimate: 4-6 million pounds
Source: sothebys.com

TOM Wesselmann The Great American Nude number 44. 1963
Sotheby's. 14.05.2013
Estimate: 4-6 million
Result: 4 million dollars
Source: artprice.com
GERHARD RICHTER Cathedral Square, Milan. 1968
GERHARD RICHTER
Cathedral Square, Milan. 1968
Sotheby's. 14.05.2013
Estimate: $ 30-40 million
Result: 37.1 million dollars
Source: sothebys.com

FRANCIS BACON Head III. 1949
Sotheby's. 26.06.2013
Estimate: 5-7 million pounds
Result: 10.4 million pounds
Source: sothebys.com
ANDREAS
Andreas Gursky
Chicago Board of Trade III. 1999-2009
Sotheby's. 26.06.2013
Estimate: 600-800 thousand pounds
Result: 2.2 million pounds
Source: sothebys.com

It is worth mentioning an increase in prices of the most successful in the world of the photographer Andreas Gursky . From 2003 to 2013, its price index rose by a total of 45%. It seems that it is not so much as compared with the above-mentioned artists. However, in talking about Gursky should not forget that the market for his work quite speculative. His images have dramatically increased in price during the art boom in 2008, and since then the price index Gursky had to fall by 43%. However, collectors continue to invest in its work. The author of at least 19 seven-digit results. Among them was the conquest of the last evening auction Sotheby's: picture "Chicago Board of Trade III» (1999-2009) was a example, sold for 2.2 million pounds (3.3 million dollars) .

Prepared by Mary Onuchina, AI

Sources : artprice.com , artinvestment.ru



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Индексы арт-рынка ARTIMX
Индекс
Дата
Знач.
Изм.
ARTIMX
13/07
1502.83
+4,31%
ARTIMX-RUS
13/07
1502.83
+4,31%
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