![]() Despite the rise of his price index since 2002 (following a major retrospective at the Royal Academy of Art in 2001) his works have remain affordable: 40% of his auction lots sell for less than $7,000. One of the founders of the London School has taken 4th place in the ranking: Frank AUERBACH’s charcoal drawing, Head of Leon Kossoff, fetched £890,000 ($1.4m) at Sotheby’s in London, a sum roughly 10 times the high estimate for the piece and which set a new record for the artist in the drawings category.Īuerbach’s market is essentially English: 97% of his auction revenue is generated in the UK from 93% of his total auction transactions. After a difficult 2009 with a 50% contraction in his price index and just one 7-figure result to his name, Manzoni is back with a price index up +87%. Much appreciated for his tapestries which generate 67% of his auction revenue, Boetti is one of the unavoidable signatures of Post-war & Contemporary Art sales in New York, London and Milan (54% of sales on Italian soil).Ī work entitled Achrome by Piero Manzoni (known for his Artist’s Shit which denounced mass production and consumerism) fetched €580,000 ($711,138) at Sotheby’s in Milan on. This biro work attracted strong bidding in February 2010 at Christie’s when it fetched £900,000 ($1.4m) against an estimate of £250,000. Boetti has signed a new record with his drawing a href= » »> Ononimo. There are also two places in the Top 10 for Arte PoveraĪlighiero BOETTI and Piero MANZONI, two figures of Arte Povera movement are in third and eighth place respectively. Since the beginning of the year, Jasper Johns’ price index has inflated by 101%, notably thanks to a new record for Flag, his version of the American flag, which fetched $25.5m at the 11 May sale in New York. Jasper JOHNS, another Pop Art figure, is in 5th and 6th place in the ranking with two drawings that sold at the Post-War & Contemporary Art sale orchestrated by Christie’s on : his ink on plastic Target With Four Faces fetched $1.15m and his Untitled (1988) water-colour sold for $840,000. ![]() Since January 2010, six of his drawings have changed hands (out of 219 lots sold) for sums ranging from $2,200 for a small collage (13 x 20 cm) to $3.6 million. No drawing by the artist had fetched more than $1.5m since 2007. The first two works in the ranking belong to Roy LICHTENSTEIN, one of the major figures of Pop Art who signed two new records for drawings during the first half of 2010: Collage for nude with red shirt sold in June for triple its high estimate at £2.4m ($3.6m) at Christie’s and Girl in Water, a lead pencil on paper drawing, fetched $1.6m at the same auctioneer.
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