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The highest known prices for a painting by a living artist in private sales are for two paintings by Jasper Johns (born 1930): in 2006, Kenneth C. Griffin bought Johns' False Start for about $80 million ($121 million in 2023) from David Geffen, [17] and in 2010 Steven A. Cohen bought Johns' 1958 Flag for around $110 million (equivalent to $154 ...
This is a list of the highest known prices paid for paintings. The record is approximately US$450.3 million (which includes commission), paid for Leonardo da Vinci's Salvator Mundi (c. 1500). The painting was sold in November 2017, [1] [2] through the auction house Christie's in New York City.
Art sales slow in downturns resulting in the market becoming more illiquid. There is a greater degree of liquidity risk facing the art investor than with other financial assets because there is a limited pool of potential buyers, and with artworks not reaching their reserve prices and not being sold, this has an effect on the auction prices. [11]
Depending on the materials, the price will range greatly anywhere from $120 per square foot to $400 per square foot. This can increase for custom builds, as the estimate jumps to about $200 to ...
US existing home sales hit 14-year low; prices remain elevated. WASHINGTON (Reuters) -U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and ...
The highest known price paid for an artwork by a living artist was for Jasper Johns's 1958 painting Flag. Its 2010 private sale price was estimated to be about US$110 million ($154 million in 2023 dollars). All-time This is a list of highest prices ever paid—at auction or private sale—for an artwork by an artist living at time of sale. Adjusted price (in millions of USD) Original price (in ...
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