Picasso for 93 million dollars, the auction of Damien Hirst's sale of the collection of Saint-Laurent - in general, the art market surprised the world

recently ARTinvestment.RU published excerpts from the annual report Artprice.com, which were set out all the main trends in 2009 . One of the chapters - a list of key figures 2000-ies - we present separately.

2000: Record of Pablo Picasso

November 8, 2000 painting" Blue Period "," Female with folded hands "went to New York's Christie's for record 50 million dollars. And it is less than 30 years after his death! Picasso was the most "young" artist whose painting crossed the threshold of 50 million.

2001: The rapid growth of prices for postwar art

In 2001, the price index of postwar art rose by 8%. And for the entire decade, it rose as much as 116%. The works of the postwar period were the most expensive on the art market: 18%of the millions of transactions in the years 2000-2009 is committed to them.

2002: The market became nervous

40%of works have appeared at auction in 2002, have not found a buyer - they were all afraid that because of the terrible events of September 11, 2001 in the world economic crisis. Fate decreed otherwise: from 2003 to 2007 the number of unsold lots not exceed 36%. But the crisis still could not be avoided: in 2008 the failure rate was 39,2%.

2003: The beginning of the boom in contemporary art

In 2003, the work of contemporary artists have risen by 20%. But millions of results was still not enough: only four. Nothing compared with 2008, when seven-and eight-sum brought much as 190 works executed by our contemporaries.

2004: The world record

« Boy with a Pipe by Pablo Picasso brought 93 million dollars on the New York's Sotheby's and became the most expensive work of all that has ever been sold at auction . The previous record belonged to « Portrait of Dr. Gachet "by Vincent Van Gogh , which was bought in 1990 for 82.5 million dollars. At the beginning of this year nearly surpassed Picasso, Alberto Giacometti, whose bronze" Running man I »left at Sotheby's for 92.5 million (and if you add a commission, it turns out that Giacometti expensive Picasso - 104.3 million against 104.2 million). Incorporeal sculpture was more than 170 other works of the artist, put up for auction in 2009.

2005: America - the leader of the art market

Prices for art in the United States to grow by 15,5%. In the 2000's America was responsible for 41%of the world total auction transactions.

2006: Globalization of the art market

The world art market is growing by leaps and bounds. In 2005, the global auction income was 4.2 billion dollars, and in 2006, rose to 6.7 billion (56%increase!). Number of millions of transactions doubled. Global price index rose by 19,2%, and the world auction scene has a new heavyweight - China.

2007: Multi-million results

In 2007 the art market is unprecedented activity: the auction houses have sold works by as much as $ 9 billion. Art became more expensive by 28.9%. May 15 Sotheby's sold a Francis Bacon for $ 47 million and Mark Rothko for 65 million . Christie's showed that he was not born yesterday: presentation of his work of Andy Warhol was bought for 64 million .

2008: The phenomenon of Damien Hirst

well-known British artist, arranged at Sotheby's sale of his new creations, the proceeds of which amounted to 171,6 million dollars. Evening auction on 15 September - just a few hours after it all the world's media reported the collapse of the bank Lehman Brothers. Four months later, the global price index was 25%lower.

2009: Sale of collections by Yves Saint Laurent and Pierre Berger

February 23, 2009 under the glass dome of the Paris Grand Palais sold one of the most stunning private collections . The sale, arranged house Christie's, brought more than 230 million dollars. More valuable than a million sold twenty-five lots. Four seats in the top ten most outstanding sales in 2009 took the deal with the works, who found new owners it is at this auction.

Material prepared Yulia Maksimova, AI

Sources: artprice. com , artinvestment.ru