Monday, September 25, 2017

Basquiat tops list of 25 Artists in nearly 50% of Contemporary Art Sales

Art market analysis by Artnet news states:

The ‘Winner Takes All’ Art Market: 25 Artists Account for Nearly 50% of All Contemporary Auction Sales

Jean-Michel Basquiat heads the list with total sales of $242 million for January - July 2017.   He is the sole African-American artist listed; same for 2007 and 2016.  Earlier this year, Jean Michel-Basquiat's Untitled (1982), sold at Sotheby's New York for 110.5 million USD, an auction record for the artist and for an American artist.

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