Here’s What The Most Expensive Art Auctions Of 2022 Say About The Art Market (And The Economy)

  • Date: 23-Dec-2022
  • Source: Forbes
  • Sector:Technology
  • Country:Jordan
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Here’s What The Most Expensive Art Auctions Of 2022 Say About The Art Market (And The Economy)

Share to Linkedin The year 2022 was record-breaking at the top levels of the art market in terms of valuable collections coming to market, expensive paintings and auction house sales, though some experts say sales at the lower levels of the market are beginning to slow as fears of a recession grow. Pop artist Andy Warhol's portrait of Marilyn Monroe, "Shot Sage Blue Marilyn," brought in a ... [+] record-breaking $195 million at auction this year. The most expensive artwork to sell at auction this year was Andy Warhol's $195 million portrait of Marilyn Monroe titled "Shot Sage Blue Marilyn," selling in May to famed art dealer Larry Gagosian, who works on behalf of billionaire collectors, though it's still unclear if he purchased it for himself or one of his clients. The painting, the most expensive ever sold at auction by an American artist and the most valuable from the 20th century, was sold as part of famed late Swiss art dealer Thomas Ammann and his sister Doris' collection at Christie's in May. Placing second was "Les Poseuses, Ensemble (Petite version)" by Georges Seurat, which fetched $149. 24 million and was the most valuable artwork sold during the record-breaking auction