Top 10 Most Expensive Pieces of Art Sold in 2016
What makes a piece of art truly great? For some it’s the artist and for others it’s the
piece itself. Still, for others it’s a combination of the two. It is difficult to put a finger
on what makes something truly artistic, as well as determining a piece of art’s true
value. After all, beauty and value are very subjective in the art world. However, the
following paintings have definitely found beauty (and value) in the eyes of their
No. 10 - Kerry James Marshall- Plunge (1992) – $2.1 million
Plunge by Kerry James Marshall kicks off the list. This acrylic and paper collage on
canvas is symbolic of the slave trade era. It garnered just north of $2 million at
No. 9 - Frida Kahlo – Two Nudes In A Forest (1939) – $8 million
This piece has seen a huge increase in value over the past two decades as twentieth
century female artists have grown in popularity. While it once sold for $150,000 in
1989, this painting just fetched $8 million in 2016.
No. 8 - Richard Prince – Runaway Nurse (2006) – $9.7 million
This painting sold for just $6.8 million five years ago, but it has increased in value by
nearly $3 million over that time period. Purchased for $9.7 million in 2016 by
Yusaku Maezawa, this contemporary piece from 2006 is part of Richard Prince’s
“Nurse” series and has earned a lot of attention from both those in and outside of
the art world.
No. 7 - Sam Francis – Summer #1 (1957) – $10.4 million
Sam Francis has seen several of his pieces increase in value in the last few years,
including this postwar/contemporary piece from 1957.
No. 6 - Agnes Martin – Orange Grove (1965) – $10.7 million
Perhaps the buyer of this painting loves oranges. It was expected to garner about
$6-$8 million at auction but ended up fetching close to $11 million.
No. 5 - Claude Monet – Le bassin aux nympheas (1919) - $27 million
While most of Monet’s pieces are actually housed in museums, this one went on the
block this year and fetched $27 million at auction.
No. 4 - Mark Rothko – No. 17 (1957) – $32.6 million
Coming in at number four is this symbolic postwar piece by Mark Rothko, which
sold for more than $32 million at Christie’s earlier this year.
No. 3 - Jean-Michel Basquiat – Untitled (1982) – $57.2 million
This contemporary piece from 1982 is one of the top attractions in the neo-
expressionist art genre, and it continues to increase in value. Twelve years ago it
sold for just $4.5 million. But just like Runaway Nurse, it was purchased by Yusaku
Maezawa for more than $57 million.
No. 2 - Peter Paul Rubens – Lot and His Daughters (1613-14) – $58 million
This is the second most expensive Rubens painting ever, trailing only his “Master of
the Innocents.” This is an extremely old painting as well as extremely valuable.
No. 1 - Pablo Picasso – Femme Assise (1909) – $63.4 million
Picasso is not for everyone, but there’s no doubt his paintings have fetched some of
the highest amounts of money in the world, including in 2016, which saw his Femme
Assise sale for just over $63 million. Much of the value comes from this painting
being credited with introducing a new form of art. And of course, it’s a Picasso.
You also might like the article Art as an Investment