Top 10 Most Expensive Pieces of Art Sold in 2016
No. 10 – Kerry James Marshall- Plunge (1992) – $2.1 million
Plunge by Kerry James Marshall kicks off the list. This acrylic and paper collage on canvas is symbolic of the slave trade era. It garnered just north of $2 million at Christie’s.
No. 9 – Frida Kahlo – Two Nudes In A Forest (1939) – $8 million
This piece has seen a huge increase in value over the past two decades as twentieth century female artists have grown in popularity. While it once sold for $150,000 in 1989, this painting just fetched $8 million in 2016.
No. 8 – Richard Prince – Runaway Nurse (2006) – $9.7 million
This painting sold for just $6.8 million five years ago, but it has increased in value by nearly $3 million over that time period. Purchased for $9.7 million in 2016 by Yusaku Maezawa, this contemporary piece from 2006 is part of Richard Prince’s “Nurse” series and has earned a lot of attention from both those in and outside of the art world.
No. 7 – Sam Francis – Summer #1 (1957) – $10.4 million
Sam Francis has seen several of his pieces increase in value in the last few years, including this postwar/contemporary piece from 1957.
No. 6 – Agnes Martin – Orange Grove (1965) – $10.7 million
Perhaps the buyer of this painting loves oranges. It was expected to garner about $6-$8 million at auction but ended up fetching close to $11 million.
No. 5 – Claude Monet – Le bassin aux nympheas (1919) – $27 million
While most of Monet’s pieces are actually housed in museums, this one went on the block this year and fetched $27 million at auction.
No. 4 – Mark Rothko – No. 17 (1957) – $32.6 million
Coming in at number four is this symbolic postwar piece by Mark Rothko, which sold for more than $32 million at Christie’s earlier this year.
No. 3 – Jean-Michel Basquiat – Untitled (1982) – $57.2 million
This contemporary piece from 1982 is one of the top attractions in the neo- expressionist art genre, and it continues to increase in value. Twelve years ago it sold for just $4.5 million. But just like Runaway Nurse, it was purchased by Yusaku Maezawa for more than $57 million.
No. 2 – Peter Paul Rubens – Lot and His Daughters (1613-14) – $58 million
This is the second most expensive Rubens painting ever, trailing only his “Master of the Innocents.” This is an extremely old painting as well as extremely valuable.
No. 1 – Pablo Picasso – Femme Assise (1909) – $63.4 million
Picasso is not for everyone, but there’s no doubt his paintings have fetched some of the highest amounts of money in the world, including in 2016, which saw his Femme Assise sale for just over $63 million. Much of the value comes from this painting being credited with introducing a new form of art. And of course, it’s a Picasso.
You also might like the article Art as an Investment
Follow GROCO on Facebook
Nuraxi Holdings: Pioneering the Future of Health and Longevity with Sparrow Rogers, Serial Entrepreneur
Introducing Nuraxi Holdings Nuraxi Holdings, a trailblazing venture operating in stealth mode, is at the forefront of unraveling the enigma of longevity. Our journey takes us through the intricate landscape of biomedical research, advanced AI models, and an unprecedented dataset that disrupts the norm. With an unwavering commitment, we strive to decode the mysteries of…
Unlocking Value: When ROI Transcends Monetary Gains with Mary D’Souza – Chief Investment Officer at Misha Investments
Introduction In this interview, Alan Olsen, CPA, MBA discusses with Mary D’Souza unlocking value: when ROI transcends monetary gains. Mary is the Chief Investment Officer (CIO) at Misha Investments. Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Mary D’Souza. Mary, welcome to the show. Mary…
Rescuing Lives: Battling Sex Trafficking and Empowering Communities with Daphna Ziman – Founder of Children Uniting Nations
Introduction In this interview, Alan Olsen will discuss with Daphna Ziman about rescuing lives: battling sex trafficking and empowering communities. Daphna is the founder of Children Uniting Nations. Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Daphna Ziman. Daphna welcome to today’s show. Daphna Ziman Oh,…
Why Good Companies Face Preventable Lawsuits
Introduction In this interview, Alan Olsen, CPA, MBA discusses with Alex Gertsburg why good companies can face preventable lawsuits. Alex is the Managing Partner of Gertsburg Licata. Transcript: Alan Olsen Welcome to Alan Olsen’s American Dreams Show. My guest today is Alex Gertsburg, Alex, welcome to today’s show. Alex Gertsburg Thanks, Alan. Really, really great…