Art auction market report: March 2024
In March 2024, ArtSell recorded 9,833 auction lots from 45 auction houses, of which 7,473 sold (76% sell-through). The 7,395 sales with a published price total $79,257,228, with a median of $1,512 (USD at the sale-date rate). The top sale was Andy Warhol, “Portrait of Princess Diana”, at $3,069,803 (Phillips). 15 artists set a new high compared with every earlier result in the database.
Top sales
Top American artists
Ranked by total of priced sales in the month; region from the artist’s recorded nationality.
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Andy Warhol American | $3,707,374 | 13 | Portrait of Princess Diana — $3,069,803 |
| 2 | George Condo American | $645,036 | 4 | Irish Girl — $489,052 |
| 3 | Wade Guyton American | $428,958 | 3 | Untitled — $241,300 |
| 4 | Reggie Burrows Hodges American | $372,457 | 1 | Single Source — $372,457 |
| 5 | Sayre Gomez American | $363,525 | 5 | Untitled Landscape — $244,526 |
| 6 | Richard Prince American | $327,589 | 5 | Just My Luck — $293,431 |
| 7 | Mickalene Thomas American | $259,100 | 1 | Keri On — $259,100 |
| 8 | Jordan Wolfson American | $251,003 | 1 | Untitled — $251,003 |
| 9 | William Copley American | $246,542 | 2 | Frigid Bridget — $244,526 |
| 10 | Shara Hughes American | $234,950 | 1 | Lillypad Palace — $234,950 |
Top European artists
| # | Artist | Total sold | Priced sales | Top result |
|---|---|---|---|---|
| 1 | Cecily Brown British | $1,912,650 | 1 | Luck Just Kissed You Hello — $1,912,650 |
| 2 | Anselm Kiefer German | $1,263,114 | 1 | Ich Bin, Der Ich Bin — $1,263,114 |
| 3 | Salvo Italian | $928,476 | 5 | Mediterraneo — $469,619 |
| 4 | Frank Auerbach British | $809,689 | 1 | J.Y.M. Seated in the Studio II — $809,689 |
| 5 | Antony Gormley British | $764,991 | 5 | 6 Times Left — $404,844 |
| 6 | Damien Hirst British | $758,050 | 9 | Cupric Nitrate — $728,720 |
| 7 | Alighiero Boetti Italian | $716,958 | 8 | Aerei — $323,875 |
| 8 | Francis Picabia French | $680,138 | 1 | Untitled (Femme et Fleurs) — $680,138 |
| 9 | Ugo Rondinone Italian | $605,241 | 4 | for what? for space and stars? — $510,104 |
| 10 | Juan Luna Spanish | $598,785 | 3 | Idilio (Idyll) — $324,252 |
New artist records
The artist’s best price this month exceeded every earlier priced result for them in the ArtSell database (artists with at least three earlier priced results).
| Artist | Work | Price | Previous high |
|---|---|---|---|
| C. F. Goldie | Te Aho-o-te-Rangi Wharepu, A Noted Waikato Warrior Art+Object | $1,260,861 | $1,150,804 (21 earlier) |
| Kehinde Wiley | Christian Martyr Tarcisius Phillips | $842,076 | $403,200 (82 earlier) |
| Frank Auerbach | J.Y.M. Seated in the Studio II Phillips | $809,689 | $416,081 (24 earlier) |
| Francis Picabia | Untitled (Femme et Fleurs) Phillips | $680,138 | $450,920 (27 earlier) |
| Leon Tarasewicz | Bez tytułu Polswiss Art | $313,988 | $98,532 (83 earlier) |
| Carl Gustav Carus | Abenddämmerung. Zu Goethes Faust Schmidt Kunstauktionen Dresden | $302,764 | $250,515 (41 earlier) |
| Sayre Gomez | Untitled Landscape Phillips | $244,526 | $88,900 (10 earlier) |
| Jonathan Gardner | Reading Menus Phillips | $161,938 | $125,000 (3 earlier) |
| Jan Styka | Quo vadis Domine? Polswiss Art | $150,714 | $128,634 (54 earlier) |
| Keith Tyson | Nature Painting (Deep Impact) Phillips | $130,414 | $96,368 (19 earlier) |
| Ghada Amer | A Beautiful Day for Trini Phillips | $120,650 | $93,750 (8 earlier) |
| Gretchen Albrecht | Karekare Sky - Sunset Art+Object | $109,566 | $83,876 (129 earlier) |
| Paulina Olowska | Nina Polswiss Art | $108,012 | $89,328 (16 earlier) |
| Nena Saguil | Sans Titre (Untitled) León Gallery | $86,467 | $24,334 (16 earlier) |
| Zofia Stryjeńska | PRZED KAPLICZKĄ Agra-Art | $85,203 | $66,422 (106 earlier) |
Auction houses this month
Rago Auctions (765)im Kinsky (703)Auktionshaus Mehlis (668)Phillips (624)Bonhams (567)Morton Subastas (493)Strauss & Co (458)Whyte's (432)Davidson Auctions (391)Toomey & Co. (375)Los Angeles Modern Auctions (LAMA) (372)Artmark (311)Piguet Hôtel des Ventes (292)Capitolium Art (242)Maison Bibelot (233)Schmidt Kunstauktionen Dresden (231)Levis Fine Art Auctions (224)Brunk Auctions (200)Van Ham (187)Pandolfini (161)León Gallery (158)Agra-Art (156)Sloans & Kenyon (146)Arthouse Hejtmánek (144)Billings (125)Menzies (124)Austin Auction Gallery (123)Sopocki Dom Aukcyjny (115)Clarke Auction Gallery (107)deVeres (98)Leonard Joel (84)Art+Object (77)Bertolami Fine Art (72)Polswiss Art (70)Grisebach (59)Bolsa de Arte (47)Cottone Auctions (46)Michaan's Auctions (46)Pananti (43)Haynault (21)Sheffield Auction Gallery (19)Olympia Auctions (17)Sworders (4)Vogt Auction (2)Lyon & Turnbull (1)