Most Expensive Works of Art of All Time: Renaissance, mannerism, baroque, rococo, neoclassicism, romanticism, realism, impressionism, pointillism, modernism, expressionism, futurism, Dadaism, surrealism, modern art, pop art, graffiti, contemporary art… The world of art has always been full of fantasy and mystery, celebrities and glamour, intrigues and pretension. And its relationship with the market is quite interesting. Sometimes, a work of art can cost very much, and yet be virtually invaluable. And of course, contemporary art always poses the question about how can it be priced, taking into account new technologies, reproduction, art techniques, etc.
There is one person that’s usually one step ahead regarding is matter: Steven Cohen, American hedge fund manager and famous art investor, founder of SAC Capital Advisors, fund which focuses on equity market strategies. Steven Cohen is well known for his art investments and he has currently added some Picasso to his collection: “Le Reve”, acquired at a price of about $155 million. Previously we also covered the World’s 20 Most Expensive Paintings in a seperate article.
So, have you ever wondered how much a piece of art can cost? Here’s a countdown of the most expensive works of art sold. Getting the numbers accurate isn’t easy. Prices need to be adjusted from original sums and private sales and auctions need to be taken into account.
No. 10 Andy Warhol – “Silver Car Crash [Double Disaster]”, (1932)
This artwork was sold at Sotheby’s New York, in November 2013 by an anonymous buyer. It was worth $105.4 Million, and is considered the most expensive work of art by famous Pop Art legend Andy Warhol.
No. 9 Pablo Picasso – “Nude, Green Leaves and Bust”, (1932)
Pablo Picasso is indeed one of the most famous artists of the XXth century, and has numerous works of art highly valued. This masterpiece is the most expensive work of art by Picasso ever sold at an auction. Previously owned by Mrs. Sidney F. Brody, and un-exhibited in public since 1961, was bought by an anonymous buyer at Christie’s New York, during May 2010, at a price $106.5 Million.