List of most expensive artworks by living artists

This is a progressive list of record auction prices for artworks by living artists. The current record price is $91.1 million for Jeff Koons's 1986 sculpture, Rabbit, in May 2019. The most expensive painting by a living artist sold at auction is David Hockney's 1972 Portrait of an Artist (Pool with Two Figures) at $90.3 million in 2018.

Overall, the highest known price paid for an artwork by a living artist was for Jasper Johns' 1958 painting Flag. The 2010 sale price was estimated to be about $110 million ($126 million in 2018 dollars).[1]

List of auction sales recordsEdit

Price

(in millions)

Work Artist Auction

Date

Auction

House

Ref.
91.1 Rabbit Jeff Koons May 2019 Christie's [2]
90.3 Portrait of an Artist (Pool with Two Figures) David Hockney November 2018 Christie's [3]
58.4 Balloon Dog (Orange) Jeff Koons November 2013 Christie's [4]
44.5 Abstraktes Bild (599) (1986) Gerhard Richter February 2015 Sotheby's [5]
37.1 Domplatz, Mailand Gerhard Richter May 2013 Sotheby's [6]
34.2 Abstraktes Bild (809-4) (1994) Gerhard Richter October 2012 Sotheby's [7]
33.6 Benefits Supervisor Sleeping Lucian Freud May 2008 Christie's [8]
23.6 Hanging Heart (Magenta/Gold) Jeff Koons November 2007 Sotheby's [9]
19.3 Lullaby Spring Damien Hirst June 2007 Sotheby's [10]
17 False Start Jasper Johns November 1988 Sotheby's [11]
12.2 Devolved Parliament Banksy October 2019 Sotheby's [12][13]
7 White Flag Jasper Johns November 1988 Christie's [14]
4.18 Diver Jasper Johns May 1988 Christie's [15]
3.63 (tied) Pink Lady Willem de Kooning May 1987 Sotheby's [16]
3.63 Out the Window Jasper Johns November 1986 Sotheby's [17]
1.2 Two Women Willem de Kooning May 1982 Christie's [18]
0.8 L'Enigme du Desir/Ma Mere, Ma Mere, Ma Mere Salvador Dali March 1982 Christie's [19]
0.35 Triptych Francis Bacon May 1981 Christie's [20]
0.34 Exchanges of View Jean Dubuffet 1974 Sotheby's [21]

Private salesEdit

  • Jasper Johns' 1958 Flag painting was sold by Steven A. Cohen to Jean-Christophe Castelli for ca $110 million in 2010 ($126 million in 2018 dollars).[1]
  • Privately, Damien Hirst's For the Love of God (2007), composed of diamond and platinum, sold to a consortium including the artist in August 2007 for $100 million.($121 million in 2018 dollars) [10]
  • Another Jasper Johns painting, "False Start" (1959), was sold by Kenneth C. Griffin to David Geffen on October 12, 2006, for a then record $80 million.($99 million in 2018 dollars)[22]
  • The Whitney Museum of American Art privately[23] purchased Jasper Johns's Three Flags in 1980 for $1 million ($3 million in 2018 dollars), then a record price for a living artist.[24][25]

See alsoEdit

ReferencesEdit

  1. ^ a b Vogel, Carol. "Planting a Johns 'Flag' in a Private Collection".
  2. ^ Reyburn, Scott (May 16, 2019). "Jeff Koons Rabbit Sets Auction Record for Most Expensive Work by Living Artist". The New York Times. ISSN 0362-4331.
  3. ^ Reyburn, Scott; Pogrebin, Robin (November 16, 2018). "David Hockney Painting Sells for $90 Million, Smashing Record for Living Artist". The New York Times. ISSN 0362-4331. Archived from the original on April 3, 2019. Retrieved May 16, 2019.
  4. ^ Vogel, Carol (October 19, 2018). "At $142.4 Million, Triptych Is the Most Expensive Artwork Ever Sold at an Auction". The New York Times. ISSN 0362-4331. Archived from the original on April 1, 2019. Retrieved May 16, 2019.
  5. ^ "Contemporary Titans Reign Supreme". Sotheby's. 11 February 2015. Archived from the original on 24 September 2015. Retrieved 21 September 2019.
  6. ^ "Richter painting breaks record". BBC News. May 15, 2013. Archived from the original on April 25, 2019. Retrieved May 16, 2019.
  7. ^ Ng, David (October 15, 2012). "Gerhard Richter painting owned by Eric Clapton sets auction record". Los Angeles Times. ISSN 0458-3035. Archived from the original on May 16, 2019. Retrieved May 16, 2019.
  8. ^ Gelder, Lawrence Van (May 19, 2008). "The Mystery Art Buyer". The New York Times. ISSN 0362-4331. Archived from the original on May 7, 2019. Retrieved May 16, 2019.
  9. ^ Gleadell, Colin (November 26, 2007). "Sothebys Scores Its Highest-Ever $316M Contemporary Auction". ARTnews. Archived from the original on November 20, 2018. Retrieved May 16, 2019.
  10. ^ a b Holmes, Pernilla (October 1, 2007). "The Branding of Damien Hirst". ARTnews. Archived from the original on June 1, 2016. Retrieved May 16, 2019.
  11. ^ Reif, Rita (November 11, 1988). "Jasper Johns Painting Is Sold for $17 Million". The New York Times. ISSN 0362-4331. Archived from the original on April 2, 2019. Retrieved May 16, 2019. Johns's 'False Start' was sold for $10 million more than his White Flag had brought at Christie's, establishing a new high for a work by a living artist.
  12. ^ Davies, Guy (October 3, 2019). "Banksy painting depicting British politicians as apes breaks auction record". ABC News. Retrieved October 4, 2019.
  13. ^ Reyburn, Scott (October 3, 2019). "Banksy Painting 'Devolved Parliament' Sells for $12 Million". The New York Times. London. Retrieved October 4, 2019.
  14. ^ Reif, Rita (November 10, 1988). "Johns's 'White Flag' Is Sold for Record Price". The New York Times. ISSN 0362-4331. Archived from the original on April 27, 2019. Retrieved May 16, 2019. Jasper Johns's ghostlike 'White Flag,' ... was sold last night at Christie's for $7 million, the highest price ever paid for a work by a living artist.
  15. ^ "Buyer of Johns Painting". The New York Times. May 9, 1988. ISSN 0362-4331. Archived from the original on May 25, 2015. Retrieved May 16, 2019. ... Jasper Johns's fiercely compelling Diver, from 1962, which brought $4.2 million last Tuesday at Christie's, ... was an auction record for a work by any living artist.
  16. ^ Reif, Rita (May 5, 1987). "De Kooning Painting Ties Auction Record". The New York Times. ISSN 0362-4331. Willem de Kooning's 'Pink Lady' from 1944 tied the record at auction for a contemporary painting and for a work by a living artist when it was sold last night for $3.63 million at Sotheby's.
  17. ^ Reif, Rita (November 11, 1986). "Jasper Johns Painting Brings Record Price". The New York Times. ISSN 0362-4331. Jasper Johns's boldly colored and Expressionistic 'Out the Window,' from 1959, was sold last night for the highest price ever paid at auction for a work by a living artist ...
  18. ^ Carter, E. Graydon (May 23, 1983). "People". Time. 121 (21): 51. ISSN 0040-781X – via EBSCOhost. At Christie's in New York City last week, the house applauded enthusiastically as the gavel went down on Abstract Expressionist Willem de Kooning's Two Women. Reason: a price of $1.2 million, the most money paid for a work by a living artist.
  19. ^ "Dali's 'Mere' Sets Auction Record". The New York Times. March 31, 1982. ISSN 0362-4331. Christie's, the auctioneer, said the price for 'Ma Mere,' French for 'My Mother,' was a record auction figure for a living artist.
  20. ^ Reif, Rita (June 7, 1981). "Auctions: Art Records Set in May". The New York Times. ISSN 0362-4331. ... Francis Bacon at $350,000 for a triptych, the highest price paid at auction for a work by a living artist.
  21. ^ Shirey, David L. (January 6, 1975). "Art Dealers Cite Softened Market, but Find No Cause for Alarm". The New York Times. ISSN 0362-4331. Jean Dubuffet's 'Exchanges of View' sold for $340,000, a record price for the work of a living artist.
  22. ^ Carol Vogel, Works by Johns and de Kooning Sell for $143.5 Million, The New York Times, October 12, 2006
  23. ^ Muchnic, Suzanne (February 19, 1988). "Is Jasper Johns New Van Gogh of the Art Market?". Los Angeles Times. ISSN 0458-3035. Johns' works bring high prices in private sales too. The Whitney Museum of American Art in 1980 paid $1 million--a stunning price at the time--for his "Three Flags" painting in a private transaction.
  24. ^ Vogel, Carol (February 3, 2008). "The Gray Areas of Jasper Johns". The New York Times. ISSN 0362-4331. Archived from the original on June 22, 2018. Retrieved May 16, 2019.
  25. ^ Biddle, Flora Miller (2017). The Whitney Women and the Museum They Made: A Family Memoir. Skyhorse. p. 381. ISBN 978-1-62872-809-5.