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
The Man Who Pioneered the Knee Replacement | Dr. E. Marlowe Goble
About Dr. E. Marlowe Goble Dr. Goble has over 30 years of experience as an orthopedic surgeon and has performed over 14,000 surgeries over the course of his career. innovator and entrepreneur. He has co-founded five companies, of which three have been acquired. He has brought a number of innovations from concept to the…
Parachut The Netflix of Camera Gear | Melissa Nui
About Melissa Nui Melissa started her career working for the Seattle Seahawks in broadcast journalism. She ultimately decided to leave the industry and became a mother of three. In 2016 she and her husband Philip ventured out to start their own company, Parachut, a camera gear subscription service that has taken the industry by…
The Business of Banking | Steve Tessler
About Steve Tessler Stephen Tessler, a resident of Oakland; has served as an Executive Vice President and Director of Sales of the Bank since 2007. Previously, Mr. Tessler served as a Manager of Business Development and Marketing for Diablo Valley Bank. Mr. Tessler has a degree from San Jose State & Golden Gate University.…
The Tech Museum of Innovation | Tim Ritchie
About Tim Ritchie Tim Ritchie has transformed The Tech Museum of Innovation into a vital community resource that excites and engages people of all ages with programs that help them discover their own problem-solving power. Under Ritchie’s leadership, The Tech has developed new partnerships with schools, created new teacher training programs, and increased its…