Andy Warhol: Market Update – June 2016
|Report Type||Artist Report|
Andy 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. The Warhol market reached its highest point in 2014, when sales of the artist’s paintings reached $517.13 million. However, only $29.5 million has been sold at auction in the first 5 months of 2016, 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.
This report is an update to previous Warhol paintings research (see below) carried out by ArtTactic.
ArtTactic also offer bespoke reports on the Andy Warhol market. For further information please contact us.
Warhol market and financial guarantees
Paintings: Total Sales and Average Prices analysis
Market Share of the Post-War & Contemporary Art Market
Marilyn-Series paintings analysis 2000-2016