ArtNews Compares Prices on Works of Contemporary Artists
Last month Sotheby’s and Christie’s earned about $185.5 million selling the paintings of Gerhard Richter, Cy Twombly, and Francis Bacon.
Three days ago ArtNews magazine published infographic featuring the paintings of the contemporary artists who sold work attwo auction houses – Sotheby’s and Christie’s – and yielded the highest revenues last month.
According to the chart, half of $370 million sales were made by selling the paintings of three artists: Gerhard Richter ($96 million), Cy Twombly ($51.5 million) and Francis Bacon ($38 million). The rest of the profit was made by selling less expensive works of the other postwar artists.
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