Kunstmarkt-News über Jean-Michel BASQUIAT (1960-1988)

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The Artprice100© index was up 1.55% in 2023 [08.04.2024]

The simulated portfolio put together by Artprice to evaluate the annual performance of a weighted investment in the world’s 100 top-selling blue-chip artists on the global art auction market continued to grow with an overall return on investment of 1.55 % between January 1, 2023, and December 31, 2023. The portfolio’s yield in 2023 was […]

The top 10 global art auction results in October [31.10.2023]

Among the nearly 50,000 artworks sold around the world during the month of October, the Top 10 results alone generated $154 million, only $10 million less than in October 2022. Three of these top 10 results were hammered in Paris, two in London and – above all – five in Hong Kong, once again proving […]

Christie’s leads the way in London [24.10.2023]

Against a backdrop of market jitters, Christie’s latest sales dedicated to 20th and 21st Century Art in London managed to equal last year’s results. The turnover total of $117.7 million hammered by Christie’s from two sales on 13 October lent a degree of reassurance to the art market. The evening consisted of a first part […]

The American art market is holding up well [13.06.2023]

After our overview of the French art market (see our article French art market: end of the post-covid rebound effect) which notes a sharp contraction in auction turnover at the leading art auctioneers since the beginning of the year (-38% for Christie’s France and -68% for Artcurial), Artprice by Artmarket takes a quick look at […]

Works co-signed by Jean-Michel Basquiat and Andy Warhol are currently showing at the Fondation Louis Vuitton in Paris [25.04.2023]

While a canvas by Andy Warhol generated the art auction market’s second best-ever result last year (at $195 million) and a work by Jean-Michel Basquiat fetched over $110 million in 2017, the prices of works jointly produced by the two artists peaked at $11 million almost nine years ago. But that value differential hasn’t discouraged […]

New York’s recent Contemporary Art sales [25.11.2022]

Christie’s, Sotheby’s and Phillips each hosted major Contemporary Art sessions in New York last week. Artprice looks back at the highlights. Sotheby’s: an exceptional result of $856 million The overall tally from Sotheby’s New York sales between November 14 and 18 was exceptional: Patrick Drahi’s company took a total $856 million from six sessions of […]

Fast money on the art auction market: from Picasso and Basquiat… to flipping Ultra-Contemporaries [27.09.2022]

Pablo Picasso and Jean-Michel Basquiat represent two of the most important figures in 20th century Art History, but in auction market terms their works generate more turnover than any other artists living or dead. While Picasso regularly takes top position in our annual auction turnover ranking (with over $550 million in 2021), Basquiat reached second […]

A stunning selection of Masterpieces in May! [10.05.2022]

The major sales in May will be offering works from a number of exceptional collections including the Macklowe, the Ammann, the Anne H. Bass, the Maezawa and even the Gersten and Jacobs collections. So important are these collections that the sale of their “nuggets” promises to revise several global auction records! An Andy Warhol Marilyn […]

Sotheby’s Hong Kong: an exceptional start… [03.05.2022]

Last Wednesday, three marquee sales at Sotheby’s Hong Kong took a total of 221.8 million dollars, the highest amount ever achieved in a single evening at Sotheby’s Hong Kong. This spectacular total included the sale of an exceptional De Beers Blue Diamond that fetched 57.5 million dollars, one of the highest prices ever paid for […]

Flash News: Christie’s took $330 million and Phillips expect $70 million for Basquiat [04.03.2022]

Christie’s took $330 million on 1 March This week Christie’s hosted its first major sales of 20th and 21st Century Art of the year, with results confirming trends seen in recent months. Its Art of the Surreal evening sale in London was clearly dominated by René Magritte, whose five works fetched a total of $16.9 […]

What’s coming up in March? [18.02.2022]

The calendar of major art auctions has been underway since the end of January, in particular with the sale of Botticelli’s superb The Man of Sorrows, a masterpiece that fetched $45.4 million at Sotheby’s New York at the end of January. Nevertheless, the pace will accelerate in 15 days: Christie’s and Sotheby’s are once again […]

The top-selling American artists in 2021 [14.12.2021]

As the year draws to a close, we can calculate provisional conclusions about the most in-demand artists on the global auction market in 2021. After a review of the most successful French artists (French artists on top of the market!), Artprice looks at which American signatures attracted the highest bids during 2021. Four Basquiats in […]

Christie’s hammers $970 million in a week! [16.11.2021]

Last week Christie’s took $970 million from three sales and two very lively auction evenings. With 15 new auction records, 22 artists, from Van Gogh to Beeple, crossed the $10 million threshold. The whole week was animated by an augmented audience with the auctions being organized live from New York, but also from Hong Kong […]

The high end market for prints: focus on Hokusai’s Great Wave [10.11.2021]

Matisse and Picasso, Haring and Basquiat, Warhol, Richter and Banksy… the year’s top-selling prints have shown a distinct preference for Modern & Contemporary works over ‘historical’ works. Indeed, the appeal of the new is perfectly illustrated by the fact that the year’s highest price in this medium so far is for a work by Banksy, […]

Market temperature in Hong Kong after Sotheby’s recent sales [19.10.2021]

In the first half of 2021 Sotheby’s posted a spectacular total of HK $1.3 billion ($167 million) from its Hong Kong Modern Art sales, a new record for Sotheby’s in Asia. Christie’s, for its part, posted a clear turnover increase on its HK fine art sales during H1 2021, with a significant evolution in the […]

A weakened position for London ? [12.10.2021]

As the Hong Kong art market develops at a phenomenal pace, London is relatively less attractive than it was ten years ago. Christie’s, Sotheby’s and Phillips are now selling certain Western masterpieces – for example, by Basquiat, Still, Richter and Ghenie – in Asia rather than in London, reflecting a general shift of the global […]

Capital gains and losses in the Contemporary art field [17.08.2021]

The Contemporary art market has posted a spectacular recovery with sky-high results worldwide and an unprecedented demand dynamic. But before presenting our analyses of the key figures and major trends in our upcoming Contemporary Art Market Annual Report (scheduled for publication in early October 2021), Artprice has looked at a number of resales that reveal […]

Artprice analyses the art market’s dazzling recovery from the health crisis in H1 2021, fortified by its digital transformation [04.08.2021]

In the first semester of 2021 the art auction market managed to recover all of its dynamism. If all goes well, the art fairs which will resume in September. They will, however, have to contend with a substantially modified market characterised by the sensational arrival of NFTs and sky-high prices for works by very young […]

The 3 most expensive Contemporary artists of the year so far [27.07.2021]

The fact that Jean-Michel Basquiat is still the most expensive Contemporary artists at auction is not surprising. The African-American star, who died in 1988, is to Contemporary art what Picasso is to Modern art. On the other hand, the logic behind the other two artists in the year’s top 3 auction Contemporary results is more […]

Artprice sees explosion of Contemporary Art and the Hi-Lite Movement in Southeast Asia [06.07.2021]

Hong Kong’s art auction market is about to post its best-ever first semester on record. According to our data, so far this year the city has generated 15% of total global fine art auction turnover. This growth is all the more remarkable as it is very largely based on sales of Contemporary and even Ultra-Contemporary […]

Eli Broad: the unreasonable collector [25.05.2021]

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man” George Bernard Shaw. Eli Broad made this maxim his own; he even alluded to it in the title of his autobiography / success manual published in 2012, […]

Afro-American Artist : focus on Noah Davis (1983-2015) [18.05.2021]

Noah Davis Is Gone, His Paintings Continue to Hypnotize declared Roberta Smith in the New York Times in February 2020, her article enthusiastically celebrating David Zwirner’s New York exhibition of Davis’s work five years after the artist’s untimely death from a rare form of cancer at the age of 32 . If Davis’s works had […]

Over a billion dollars worth of art sold in New York this week [14.05.2021]

The high-end art market appears to have regained its full strength with sales totalling $691 million at Christie’s and $677 million at Sotheby’s. This week’s activity clearly signals a return to pre-pandemic dynamism. The two auction majors have just dispersed nearly $1.4 billion worth of Impressionist, Modern and Contemporary works (11 – 13 May). We […]

Monet and Basquiat tomorrow at Sotheby’s… Over $40 million each? [11.05.2021]

On 12 May in New York, Sotheby’s will be hosting two evening sales: one dedicated to Impressionist & Modern art, the other to Contemporary art. The two most expensive works – a Monet and a Basquiat respectively – could each exceed $40 million. An important painting from Claude MONET’s Water Lilies series and one of […]

What Christie’s has in store for us in May… [04.05.2021]

A clear sign the art market is returning to its pre-pandemic condition, the catalogues for Christie’s mid-May sales see the return of major masterpieces… in number, in diversity and in price… Whereas all the indicators were in the red last year with a constrained and impoverished market, the selection of Modern and Contemporary works due […]

Historic volume of transactions in the first quarter [20.04.2021]

Despite all the restrictions art market professionals have faced, Q1 2021 ended with a historic record in terms of the number of lots sold on the auction market. During the first quarter of 2021, more than 112,000 artworks changed hands in auction sales around the world. This remarkable figure illustrates the strong growth dynamic of […]

Stability: the new market standard? [18.11.2019]

Following their Impressionist & Modern Art sales last week, Christie’s and Sotheby’s Contemporary Art sessions generated a combined total of $595.8 million, down 11% on last year’s total, but still reflecting a remarkably buoyant market. After New York’s latest round of major Contemporary Art sales, an article in the New York Times suggests that stability […]

Phillips’ Top Results in Q1 [19.04.2019]

In Artprice’s fortnightly series of auction rankings identifying the Art Market’s primary trends – this week’s Friday Top article looks at the top 10 results hammered by Phillips during the first quarter of 2019. Richter, Lichtenstein, Kippenberger, Basquiat, Brown, Wool and Kaws … Phillips is increasingly taking a leading position on the Contemporary Art market […]

Top 10 results so far in Post-War and Contemporary Art [22.03.2019]

Every other Friday, Artprice posts a “Top” ranking that provides insight into the Art market’s major trends. This week, we look at the artists who have generated the best auction results in Post-War and Contemporary Art so far this year. The prestige sales held during February and March this year highlight four works which each […]

New York sales: key figures [19.11.2018]

After the records hammered at New York’s prestige Impressionist and Modern Art sales (including records for René Magritte, Oskar Kokoschka, Jean Arp and Tamara de Lempicka), the city’s prestige Contemporary Art sales have just generated even stronger results, with two works close to the 100 million threshold at Christie’s. Christie’s announces a turnover total of […]

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