• BARNETT NEWMAN
  Black fire I. 1961
  , oil on Canvas. 289,5 × 213,3
  Christie"s. 13.05.2014. Lot 34
  Estimate on request
  Price: 84,165 million dollars
  the Most expensive work in the first half of 2014

the Turnover of the global art market in the II quarter of 2014 reached 6.4 billion, which is 7 % more than in the second quarter of 2013. The data published in the review of artnet. And if the estimate is entirely the I half of 2014, the revenue from the sale of art reaches 8.6 billion dollars (19 % more than in the first half 2013-го.

In the first half of 2014 best of all has shown art market in the U.S. (an increase of 27 %), the UK (an increase of 26 %) and China (an increase of 7 %). Together the markets of these three countries are responsible for about 80 % of turnover of all works of art that have passed through the art market in the first half of 2014. Compared with the first half of 2013 the number of lots in the top segment (more than $ 1 million) increased by 21 % and exceeded 1 140 works. These expensive items provided more than $ 4.6 billion, or more than half of the turnover of the art market. With 83 lots left 10 million more expensive dollarov@

Five most expensive lots in the first half 2014:

1. "Black fire I" of Barnett Newman — 84,1 million dollars (and this, by the way, 8-e a place in our rating of the most expensive works of art in history);

2 and 3. "Three sketches for a portrait of John Edwards" and "Portrait of George Dyer" by Francis bacon (to 80.8 70.2 million and $ respectively);

4. "Untitled" Mark Rothko for 66,2 million dollars;

5. "Racial mutiny" by Andy Warhol for 62,8 million dollarov@

And if you rank is not the most expensive work, and on the auction turnover for the half year, the top 10 will be sledujushim@

1. Pablo Picasso — 345,8 million dollars;

2. Andy Warhol — 299,2 million dollars;

3. Francis bacon — 236,5 million dollars;

4. Claude Monet — 177,6 million dollars;

5. Qi Baishi — 168,9 million dollars;

6. Gerhard Richter — 159,2 million dollars;

7. Mark Rothko — 146,4 million dollars;

8. Jean-Michel Basquiat — 131,9 million dollars;

9. Alberto Giacometti — of 115.7 million dollars;

10. Zhang Datsyan — 115,5 million dollarov@

artnet Analysts have identified four of the best living artists. In addition to those already mentioned by Gerhard Richter (turnover for the first half of 2014 — 159,2 million) included Jeff Koons ($113.3 million), Richard Prince (40.6 million dollars) and Christopher Wool (39.5 million dollars). The most successful artist in the first half of 2014  is Yayoi Kusama with a turnover of 17.9 million dollarov@

And if we talk separately about the American market, its turnover for the half year is $ 33 % worldwide (by revenue) and 19 % of the global total by the number of lots sold. Also significantly, with total revenue growth of 27 % compared to 2013, the number of lots sold has not changed. This indicates a General rise of prices on the American art market. Most (93 %) turnover ensured auction Christie's, Sotheby's and Phillips. One only Christie's at its auction of postwar and contemporary art in may 2014 sold works at 974 million dollarov@

Material was prepared by Maria Onuchin, AI

Sources: artnetmarketing.com, news.artnet.com, artinvestment.ru