Its sales exceeded USD 2 billion, a quarter of the sales values. They are known as “blue chips” because of the low financial risk involved in acquiring their paintings.
Only six artists represented 25 percent of the transactions made in the international art market in 2021, a select list that included names such as Pablo Picasso, Vincent Van Gogh, Claude Monet and Andy Warhol.
In order of collection, Pablo Picasso, Jean-Michel Basquiat, Andy Warhol, Claude Monet, Gerhard Richter and Vincent Van Gogh were the names that caused the most interest in collectors around the world, according to the report made by the specialized magazine Artsy.
While Spain’s Pablo Picasso was the highest-grossing artist in 2021, with works sold for a total of $620 million (or also 7 percent of the market); the second best-selling artist was New York graffiti artist Jean-Michel Basquiat, with $434 million, or an equivalent of 5 percent of the auction market in 2021.
The American Andy Warhol ranks third in this percentage, of the artists sold in 2021, with a total collection of 325 million dollars, while behind him was the French impressionist Claude Monet, whose works reached 277 million dollars.
This record of the best sellers is completed with the German Gerhard Richter -the only living artist on the list- for 235 million and finally, the Dutch Vincent Van Gogh, at USD 226 million. Between the six, they moved USD 2,117 million.
In this way, 25% of the total value of the auction market was concentrated in these six artists, a graph that is equivalent to 7% in sales for Picasso; 5% Basquiat; 4% Warhol and 3% for both Monet, Richter and Van Gogh.
? If we organize ourselves we all buy
