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 Four Commitments of a Winning Team
The four commitments of a winning team as told by Mark Eaton. Mark made it from a 19 year old auto mechanic to a 7′4″ NBA All-Star, who still holds 2 NBA records and played with the Utah Jazz for 12 seasons, he discovered the simple commitments that teams need to perfectly synchronize and become…
Thanksgiving Week & Gratitude
Thanksgiving week and gratitude Thanksgiving is one of my favorite times of the year because it helps me to remember the many things I have to be grateful for: my family, relatively good health, friends, job, religious freedoms (I should probably use more often), and too many other blessings to list. Not to mention the Thanksgiving…
Charles Sullivan- A Legacy of Football, Entertainment & Medicine
Charles Sullivan, A Legacy of Football, interview transcript, by Alan Olsen for The American Dreams Show: Alan Olsen: Can you share a little about your background with us? Charles Sullivan: Yes, my late father during the Second World War was assigned to the US Naval Academy at Annapolis, Maryland. And he was director of public…
Jory Mack- Reno Solar
Jory Mack, Reno Solar, interview transcript, by Alan Olsen for The American Dreams Show: Alan Olsen: Can you share a little about your background and how your company, Reno Solar came about? Jory Mack: I was working at a gym and had a friend that, that wanted to be partners. I basically I quit the…