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
Demand Acceleration | Rajiv Parikh
About Rajiv Parikh Rajiv Parikh is the CEO of Position, an integrated digital marketing firm that drives brand visibility and new customer acquisition for technology-driven brands. Position² has operations in the US and Asia with clients from around the world. Their 200 person team combines advertising, marketing, product & technology expertise. The company is…
Building Communities and Balance In Life | John Dutra
About John Dutra John J. Dutra was appointed Chief Executive Officer in 2007. As CEO, he is committed to building on the company’s unrivaled reputation of partnering with local entities, political leaders, property owners and builders. John strongly believes in providing quality, personal integrity and a high level of service in all endeavors. From…
The Man Who Built Dreyer’s Grand Ice Cream | Gary Rogers
”You only get one trip around this track of life. There are no mulligans… let’s make it as good as it can be” – T. Gary Rogers About Gary Rogers T. Gary Rogers is the former Chairman of Safeway Inc., which he was instrumental in selling to Albertson’s in early 2015 for $10.4 billion. Previously…
The Art of Philanthropy | Tad Taube
Episode Transcript of: The Art of Philanthropy | Tad Taube Alan Welcome back and visiting here today with Tad Taube. And welcome to today’s show. Tad Thank you. Alan So, Tad you’ve done a lot throughout your life. But I want to focus a little bit on, on today more that philanthropic causes that…