Andy Warhol: Market Update – June 2016

Warhol market
Warhol market falls back to levels last seen in 2005

Often described as a ‘barometer’ for the overall art market, the Warhol market has dominated world auction sales in the last 16 years. However, only $29.5 million has been sold at auction in the first 5 months of 2016 This is compared to $206.1 million for the same period in 2015, the equivalent of an 86% drop in sales value. These sales levels have not been seen since the first half of 2005, the beginning of the art market boom.

The report contains the following elements:

  • Warhol financial and market guarantees
  • Mugrabi-effect
  • Warhol-Barometer
  • Total Sales and Average Prices analysis
  • Market Share of the Post-War & Contemporary Art Market
  • Marylin-Series analysis 2000-2016

This report is an update to previous Warhol research (see below) carried out by ArtTactic.

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