Market value of art ~
The
Chinese artist Zhang Daqian tops the art market value achieving the
highest figure in auctions of 2011 (415,68 million €) according to the
Artprice Report. This ousted the art sale value of the world famous
painter Pablo Picasso's 1st place, 13 times during the past 14 years.
Following Zhang was his compatriot Qi Baishi (382,473 million €).
Picasso is in the 4th place (35,892 million €).
25 Years without Warhol ~
Hailed
as 'King Of Pop Art' in his day, now on the 25th anniversary of his
death at the very young age of 57, his work still fascinates and
maintains sure value in the art market.
If
one has to select just 2 names as the most significant and profitable
artists in the 20th century, there's no doubt these are Pablo Picasso
& Andy Warhol, in that order. Their works are ranked in 2010 to be
the most sought after and fetched the highest market value in auctions.
But
things have changed, and the epicentre of the the art market is moving
towards the East, with China being the most active and profitable in
art sales, quite ahead of the US and England, leaders in the past since
the 50's. Consequently Chinese artists are fast gaining ground. In 2010 Warhol took up the 3rd place, and Picasso the 4th in 2011.
Next: 21st Feb 2012 An Irresistible Ad.25th
No comments:
Post a Comment