paris - Top 10: The world's most expensive works of artArtprice - 22 october 2013 The world's most expensive works were all produced by European artists during the Impressionist and post-war periods. Surrounded by luminaries such as Pablo Picasso (with three works in the top 10), Edvard Munch, Alberto Giacometti, Gustav Klimt, Francis Bacon, Vincent Van Gogh and Claude Monet, etc
The world's most expensive works were all produced by European artists during the Impressionist and post-war periods. Surrounded by luminaries such as Pablo Picasso (with three works in the top 10), Edvard Munch, Alberto Giacometti, Gustav Klimt, Francis Bacon, Vincent Van Gogh and Claude Monet, American artist Mark Rothko is the only non-European to make the list. We should perhaps mention that the Chinese art market is still a little too young to compete with these colossi of the art world.Top 10 : the world's ten most expensive works of art.
Number 1: The Scream Edvard Munch Impressionism is dethroned by the 20th century Just two days after acquiring the Van Gogh, Ryoei Saito went on to pick up an Impressionist masterpiece by Pierre-Auguste RENOIR. Au Moulin de la galette (1876, 78 x 114 cm) is considered to be one of Renoir's most important works and was originally presented at the Impressionist exhibition of 1877. Once again, Saito confounded all expectations and smashed the high estimate of $21 million by bidding $71 million ($78.1 million including buyer's premium) on 17 May 1990 at Sotheby's. Like the Portrait du Docteur Gachet, there are two versions of this work, with one of them held by the Musée d'Orsay. Au Moulin de la Galette hovers just outside our top 10, taking 11th place in the list of the world's most expensive artworks. Impressionism set the benchmark for the high-end art market during the late 1980s and into the 1990s. But as the market in major pieces began to dry up, the 20th century masters started taking over the high-end market with the dawn of the new millennium. Today, eight of the ten most expensive works in the world were produced in the 20th century, and three of them after 1950: L’Homme qui marche I by Alberto GIACOMETTI (1960), Orange, Red, Yellow by Mark ROTHKO(1961) and Triptych by Francis BACON (1976). Picasso, the perennial favourite The very high-end art market rewards iconic works, and particularly those where the history of art intersects with the personal history of the artist (as with Picasso and his women) or with the grand sweep of history. This Top 10 shows that the art market is taking its revenge on the ideological muddle of the past that attempted to gag some of Europe's greatest artists. Works affected included Van Gogh's Portrait du Docteur Gachet, accused of being degenerate art and confiscated before it passed through the hands of Hermann Goering; Portrait d’Adèle Bloch-Bauer II, the object of a protracted court battle after it was confiscated in 1939 following Austria's annexation by Germany, and later sold to the New York cosmetics magnate Ronald Lauder for $78.5 million on 8 November 2006; and of course the Scream by Edvard Munch, a marginal artist denounced as "degenerate" by the Nazis – an artist incapable of happiness whose anguish went on to rock the very foundations of art history. |
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