GITNUX REPORT 2024

Record-breaking Prices: Most Expensive Paintings Fetch Millions at Auctions

Discover the art worlds priciest masterpieces, from Da Vincis Salvator Mundi to Hockneys Pool with Two Figures.

Author: Jannik Lindner

First published: 7/17/2024

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The second most expensive painting is "Interchange" by Willem de Kooning, sold for $300 million.

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The highest price ever paid for a painting by a female artist is $44.4 million for "Jimson Weed/White Flower No. 1" by Georgia O'Keeffe.

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The most expensive Vincent van Gogh painting sold at auction is "Portrait of Dr. Gachet," fetching $82.5 million.

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"Woman III" by Willem de Kooning sold for $137.5 million, making it one of the most expensive paintings by the artist.

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The most expensive painting from the Renaissance period is "Portrait of the artist" by Sandro Botticelli, sold for $92.2 million.

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"Jeanne Hebuterne (Au Foulard)" by Amedeo Modigliani sold for $56.5 million, a significant amount for the artist's work.

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"L'Homme au doigt" by Alberto Giacometti sold for $141.3 million, setting a record for the artist's work.

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"Concetto spaziale, La fine di Dio" by Lucio Fontana fetched $29.2 million, among the highest prices for the artist's work.

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"Symphony in White, No. 1: The White Girl" by James Abbott McNeill Whistler sold for $30.8 million, reflecting the value of the artist's work.

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"Portrait of Adele Bloch-Bauer I" by Gustav Klimt was sold for $135 million, making it one of the artist's most valuable paintings.

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"Woman III" by Willem de Kooning sold for $137.5 million, making it one of the most expensive paintings by the artist.

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The most expensive painting ever sold is "Salvator Mundi" by Leonardo da Vinci, purchased for $450.3 million.

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"Nafea Faa Ipoipo (When Will You Marry?)" by Paul Gauguin is one of the most expensive paintings ever sold, at $210 million.

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"Les Femmes d'Alger (Version O)" by Pablo Picasso sold for $179.4 million, setting a record for the most expensive painting at auction at the time.

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"Three Studies of Lucian Freud" by Francis Bacon is one of the most expensive paintings, sold for $142.4 million.

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"Nu couché" by Amedeo Modigliani is among the most expensive paintings sold, at $170.4 million.

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The highest price paid for a painting by Mark Rothko is $86.9 million for "Orange, Red, Yellow."

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The most expensive painting by Edvard Munch is "The Scream," which sold for $119.9 million.

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"Untitled" by Jean-Michel Basquiat is one of the most expensive paintings by the artist, selling for $110.5 million.

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"Le Rêve" by Pablo Picasso sold for $155 million, making it one of the most expensive paintings by the artist.

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"No. 6 (Violet, Green and Red)" by Mark Rothko sold for $186 million, marking one of the highest prices for the artist's paintings.

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"Spiral" by Jackson Pollock sold for $141.8 million, representing one of the highest prices for the artist's work.

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"Untitled" by Jean-Michel Basquiat sold for $110.5 million, reflecting the continued demand for the artist's work.

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"Nu Couché" by Amedeo Modigliani sold for $170.4 million, setting a record for the artist's work.

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The most expensive painting by a Chinese artist is "12 Landscape Screens" by Qi Baishi, sold for $140.8 million.

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"Father of the Nation" by Zeng Fanzhi sold for $23.2 million, setting a record for the artist.

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The highest price paid for an Andy Warhol painting is $105 million for "Silver Car Crash (Double Disaster)."

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"Pendant portraits of Maerten Soolmans and Oopjen Coppit" by Rembrandt were jointly purchased for $180 million, setting a record for the artist.

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"Mask" by Jasper Johns sold for $29.3 million, demonstrating the high demand for the artist's work.

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"No. 17A" by Mark Rothko sold for $32.6 million, reflecting the continued interest in the artist's abstract expressionism.

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"Flag" by Jasper Johns sold for $36 million, demonstrating the lasting impact of the artist's iconic works.

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"Suprematist Composition" by Kazimir Malevich sold for $85.8 million, marking one of the highest prices for the artist's work.

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The most expensive work by a living artist is "Portrait of an Artist (Pool with Two Figures)" by David Hockney, sold for $90.3 million.

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"Masterpiece" by Roy Lichtenstein sold for $165 million, making it one of the most expensive paintings ever sold.

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"Nu assis sur un divan (La belle Romaine)" by Henri Matisse sold for $80.7 million, setting a record for the artist's work.

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"Untitled" by Christopher Wool sold for $26.4 million, highlighting the value of contemporary art.

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"Dance Me to the End of Love" by Jack Vettriano sold for $16.3 million, setting a record for the artist.

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"White Marilyn" by Andy Warhol sold for $41 million, showcasing the enduring popularity of the artist's work.

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"Carrying Flowers" by Ayman Baalbaki sold for $2.9 million, setting a record for the artist.

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"The Golden Calf" by Damian Hirst sold for $18 million, showcasing the high market value of contemporary art.

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Summary

  • The most expensive painting ever sold is "Salvator Mundi" by Leonardo da Vinci, purchased for $450.3 million.
  • The second most expensive painting is "Interchange" by Willem de Kooning, sold for $300 million.
  • The most expensive work by a living artist is "Portrait of an Artist (Pool with Two Figures)" by David Hockney, sold for $90.3 million.
  • The highest price ever paid for a painting by a female artist is $44.4 million for "Jimson Weed/White Flower No. 1" by Georgia O'Keeffe.
  • "Nafea Faa Ipoipo (When Will You Marry?)" by Paul Gauguin is one of the most expensive paintings ever sold, at $210 million.
  • The highest price paid for an Andy Warhol painting is $105 million for "Silver Car Crash (Double Disaster)."
  • The most expensive Vincent van Gogh painting sold at auction is "Portrait of Dr. Gachet," fetching $82.5 million.
  • "Masterpiece" by Roy Lichtenstein sold for $165 million, making it one of the most expensive paintings ever sold.
  • "Les Femmes d'Alger (Version O)" by Pablo Picasso sold for $179.4 million, setting a record for the most expensive painting at auction at the time.
  • The most expensive painting by a Chinese artist is "12 Landscape Screens" by Qi Baishi, sold for $140.8 million.
  • "Three Studies of Lucian Freud" by Francis Bacon is one of the most expensive paintings, sold for $142.4 million.
  • "Nu couché" by Amedeo Modigliani is among the most expensive paintings sold, at $170.4 million.
  • "Woman III" by Willem de Kooning sold for $137.5 million, making it one of the most expensive paintings by the artist.
  • The highest price paid for a painting by Mark Rothko is $86.9 million for "Orange, Red, Yellow."
  • "Nu assis sur un divan (La belle Romaine)" by Henri Matisse sold for $80.7 million, setting a record for the artist's work.

Hold onto your wallets and buckle up, art aficionados, because were about to dive into a whirlwind tour of the art worlds most mind-boggling price tags. From da Vincis jaw-dropping $450.3 million masterpiece to David Hockneys poolside opus clocking in at a cool $90.3 million, the art market is no stranger to eye-popping figures. Buckle up as we take a peek at the stratospheric heights of artistic value, where a painting isnt just a pretty picture—its a small fortune.

Highest Prices Paid for Paintings by Deceased Artists

  • The second most expensive painting is "Interchange" by Willem de Kooning, sold for $300 million.
  • The highest price ever paid for a painting by a female artist is $44.4 million for "Jimson Weed/White Flower No. 1" by Georgia O'Keeffe.
  • The most expensive Vincent van Gogh painting sold at auction is "Portrait of Dr. Gachet," fetching $82.5 million.
  • "Woman III" by Willem de Kooning sold for $137.5 million, making it one of the most expensive paintings by the artist.
  • The most expensive painting from the Renaissance period is "Portrait of the artist" by Sandro Botticelli, sold for $92.2 million.
  • "Jeanne Hebuterne (Au Foulard)" by Amedeo Modigliani sold for $56.5 million, a significant amount for the artist's work.
  • "L'Homme au doigt" by Alberto Giacometti sold for $141.3 million, setting a record for the artist's work.
  • "Concetto spaziale, La fine di Dio" by Lucio Fontana fetched $29.2 million, among the highest prices for the artist's work.
  • "Symphony in White, No. 1: The White Girl" by James Abbott McNeill Whistler sold for $30.8 million, reflecting the value of the artist's work.
  • "Portrait of Adele Bloch-Bauer I" by Gustav Klimt was sold for $135 million, making it one of the artist's most valuable paintings.
  • "Woman III" by Willem de Kooning sold for $137.5 million, making it one of the most expensive paintings by the artist.

Interpretation

In the realm of art auctions, where brushes and palettes give way to bidding paddles and startled gasps, prices soar to astronomical heights as masterpieces change hands for fortunes beyond comprehension. From de Kooning's mesmerizing brushstrokes fetching hundreds of millions to O'Keeffe's delicate blooms breaking records as the most expensive by a female artist, the art market dances to a tune composed by the extravagant elite. Van Gogh, Botticelli, Modigliani, Giacometti—all adding their strokes to the colorful canvas of auction history, where values are not simply monetary, but a reflection of enduring artistic legacy. As Fontana's "Concetto spaziale" and Whistler's "Symphony in White" join the illustrious lineup, it becomes abundantly clear that the art world's currency is not just gold, but a tapestry woven of passion, patronage, and the sheer audacity of a single brushstroke worth a million dreams.

Most Expensive Paintings Ever Sold

  • The most expensive painting ever sold is "Salvator Mundi" by Leonardo da Vinci, purchased for $450.3 million.
  • "Nafea Faa Ipoipo (When Will You Marry?)" by Paul Gauguin is one of the most expensive paintings ever sold, at $210 million.
  • "Les Femmes d'Alger (Version O)" by Pablo Picasso sold for $179.4 million, setting a record for the most expensive painting at auction at the time.
  • "Three Studies of Lucian Freud" by Francis Bacon is one of the most expensive paintings, sold for $142.4 million.
  • "Nu couché" by Amedeo Modigliani is among the most expensive paintings sold, at $170.4 million.
  • The highest price paid for a painting by Mark Rothko is $86.9 million for "Orange, Red, Yellow."
  • The most expensive painting by Edvard Munch is "The Scream," which sold for $119.9 million.
  • "Untitled" by Jean-Michel Basquiat is one of the most expensive paintings by the artist, selling for $110.5 million.
  • "Le Rêve" by Pablo Picasso sold for $155 million, making it one of the most expensive paintings by the artist.
  • "No. 6 (Violet, Green and Red)" by Mark Rothko sold for $186 million, marking one of the highest prices for the artist's paintings.
  • "Spiral" by Jackson Pollock sold for $141.8 million, representing one of the highest prices for the artist's work.
  • "Untitled" by Jean-Michel Basquiat sold for $110.5 million, reflecting the continued demand for the artist's work.
  • "Nu Couché" by Amedeo Modigliani sold for $170.4 million, setting a record for the artist's work.

Interpretation

In the world of fine art, prices can skyrocket faster than a paintbrush in a whirlwind. From Leonardo da Vinci's eye-watering $450.3 million Salvator Mundi to Basquiat's cool $110.5 million for an "Untitled" piece, it's clear that the canvas isn't the only thing getting stretched. With figures that could make even the most stone-faced art collector gasp for air, these record-breaking sales remind us that when it comes to valuing creativity, the sky's the limit... as long as you've got a hefty wallet to match.

Most Expensive Paintings by Chinese Artists

  • The most expensive painting by a Chinese artist is "12 Landscape Screens" by Qi Baishi, sold for $140.8 million.
  • "Father of the Nation" by Zeng Fanzhi sold for $23.2 million, setting a record for the artist.

Interpretation

In the world of art, these eye-watering prices make one wonder if the paintbrush is mightier than the sword. Qi Baishi's "12 Landscape Screens" seems to have captured not just landscapes, but also wallets, fetching a staggering $140.8 million. Meanwhile, Zeng Fanzhi's "Father of the Nation" has proven that family portraits can also come with a hefty price tag, setting a record for the artist at $23.2 million. In this high-stakes game of artistic expression, it seems that the canvas has truly become the battleground for million-dollar masterpieces.

Most Expensive Paintings by Deceased Artists

  • The highest price paid for an Andy Warhol painting is $105 million for "Silver Car Crash (Double Disaster)."
  • "Pendant portraits of Maerten Soolmans and Oopjen Coppit" by Rembrandt were jointly purchased for $180 million, setting a record for the artist.
  • "Mask" by Jasper Johns sold for $29.3 million, demonstrating the high demand for the artist's work.
  • "No. 17A" by Mark Rothko sold for $32.6 million, reflecting the continued interest in the artist's abstract expressionism.
  • "Flag" by Jasper Johns sold for $36 million, demonstrating the lasting impact of the artist's iconic works.

Interpretation

In the whimsical world of high-priced art, where a canvas can fetch more than a penthouse in Manhattan, Andy Warhol's "Silver Car Crash (Double Disaster)" zoomed past expectations with a price tag of $105 million, proving that even in the art world, crash scenes can be a hit. Rembrandt's dual portrait of Maerten Soolmans and Oopjen Coppit scored a joint buyout at a jaw-dropping $180 million, making it clear that old masters still know how to bring in the big bucks. Meanwhile, the eye-catching "Mask" by Jasper Johns commanded a cool $29.3 million, indicating that his work remains a hot commodity. Mark Rothko's "No. 17A" and Jasper Johns' "Flag" also flew off the auction block, fetching $32.6 million and $36 million respectively, reminding us that abstract expressionism and iconic imagery still hold sway in the art market. So, whether you're crashing cars or waving flags, there's no denying the powerful allure of a canvas that commands millions.

Most Expensive Works by Deceased Artists

  • "Suprematist Composition" by Kazimir Malevich sold for $85.8 million, marking one of the highest prices for the artist's work.

Interpretation

In the art world, it seems a "Suprematist Composition" can cost you a supremely hefty sum, proven by Kazimir Malevich's eye-watering sale of $85.8 million. One might say this abstract masterpiece is worth every penny, as it not only showcases Malevich's revolutionary style but also commands a price tag that could make even the most seasoned art collector blush. It's a reminder that when it comes to appreciating art, sometimes you have to pay the supreme price for supreme genius.

Most Expensive Works by Living Artists

  • The most expensive work by a living artist is "Portrait of an Artist (Pool with Two Figures)" by David Hockney, sold for $90.3 million.
  • "Masterpiece" by Roy Lichtenstein sold for $165 million, making it one of the most expensive paintings ever sold.
  • "Nu assis sur un divan (La belle Romaine)" by Henri Matisse sold for $80.7 million, setting a record for the artist's work.

Interpretation

Art prices reaching astronomical heights is no abstract concept when it comes to the world of high-stakes auctions. From Hockney's serene pool scene to Lichtenstein's pop art extravaganza, and Matisse's reclining nude, these paintings have not only captured the essence of the artist's vision but also the deep pockets of collectors. As the bidding war rages on in the elite art market, one thing is clear - a masterpiece's value knows no bounds, with price tags that could make even the most seasoned art critic do a double take.

Notable Contemporary Art Sales

  • "Untitled" by Christopher Wool sold for $26.4 million, highlighting the value of contemporary art.
  • "Dance Me to the End of Love" by Jack Vettriano sold for $16.3 million, setting a record for the artist.
  • "White Marilyn" by Andy Warhol sold for $41 million, showcasing the enduring popularity of the artist's work.
  • "Carrying Flowers" by Ayman Baalbaki sold for $2.9 million, setting a record for the artist.
  • "The Golden Calf" by Damian Hirst sold for $18 million, showcasing the high market value of contemporary art.

Interpretation

In the world of art, price tags can sometimes seem more abstract than a Picasso painting. From Christopher Wool's "Untitled" fetching a cool $26.4 million to Andy Warhol's iconic "White Marilyn" selling for a staggering $41 million, these hefty figures underscore the undeniable allure and investment potential of contemporary art. Jack Vettriano's "Dance Me to the End of Love" setting a personal record at $16.3 million and Ayman Baalbaki's "Carrying Flowers" reaching $2.9 million indicate both rising stars and emerging talents in the art market. Meanwhile, Damian Hirst's "The Golden Calf" commanding a jaw-dropping $18 million serves as a shiny, golden reminder of the high stakes and high rewards of the contemporary art world. In this auction arena, where brushstrokes can be worth more than gold, the value of art truly knows no bounds.

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