Artprice by Art Market: Top 10 auction gains in H1 2019

Art Press Agency

The resale of artworks illustrates the financial potential of Art, a potential that depends on numerous factors including the artists’ notoriety, the intrinsic qualities of the works and, of course, the intensity of demand over time. While the average return on art investments is approximately 4.6% p.a. for an average duration of 13 years, certain works obviously generate much better returns, especially in the Contemporary Art segment.

For thierry Ehrmann, Founder/CEO of Artprice: the most profitable artists on the Art Market are no longer the great Moderns, as in the last century. Major buyers have transferred their investments onto the most recognisedContemporary artists – onto the great classicsof our era – artists like Jean-Michel Basquiat and Yayoi Kusama who now represent a sort of holy grail for any museum or any major collector and who are enjoying ever-growing…

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