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Artprice: The Top 20 Female Artists in the Global Art Market During 2018

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News provided by

Artprice.com

07 Jan, 2019, 19:28 GMT

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PARIS, January 7, 2019 /PRNewswire/ --

Although women account for half of the world's population (and therefore half of the world's intelligence, sensitivity and inspiration...), they are still substantially under-represented on the global Art Market. Looking back, women did not become a regular part of art history's narrative until the end of the 19th century. However, today's secondary art market is still largely dominated by men.

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Artprice’s price index for Christine Ay Tjoe (PRNewsfoto/Artprice.com)

     (Logo: https://mma.prnewswire.com/media/644091/Artprice_Logo.jpg )

     (Photo: https://mma.prnewswire.com/media/805007/Artprice_com_Infographic.jpg )

According to Artprice's founder/CEO thierry Ehrmann, "the generation now imposing itself on the secondary market - that of artists under 40 - is fortunately closing the gender gap". In 2018, the Top 5 artists (by auction turnover) born after 1978 include three women. This highly symbolic transformation of the market is being accompanied by an increasing recognition of major female signatures who are gradually being admitted into the Pantheon of the high-end Art Market, with big-number results in auction rooms.

Top 20 Female Artists by Auction Turnover in 2018 

© Artprice.com

1. Yayoi Kusama (1929-)

Auction turnover: $102,532,176

The top selling female artist in the global Art Market - all periods of creation combined - is none other than an 89-year-old Japanese woman who has spent 40 years living in a psychiatric hospital. A key figure in 20th-century art with her obsessive creative practices, Yayoi Kusama's work is in many respects close to Art Brut.

Moreover, this is the fourth consecutive year in which Kusama has generated the highest annual auction turnover for a female artist in the world. In 2018, twenty-one of her works fetched sums above the million-dollar threshold worldwide: fifteen in Hong Kong, three in New York, two in London and one in Seoul.

2. Joan Mitchell (1926-1992)

Auction turnover: $83,925,120

On 1 May 2018 the David Zwirner Gallery announced publicly that it now has exclusive representation rights with the Joan Mitchell Foundation. A first solo exhibition of the artist is scheduled in New York in 2019, but the Market has already reacted very positively. On 17 May 2018, her Blueberry (1969) buried its estimate of $5-7 million when it fetched $16.6 million at Christie's in New York, setting a new auction record for the American artist.

3. Georgia O'Keeffe (1887-1986)

Auction turnover: $66,666,700

4. Cecily Brown (1969-)

Auction turnover: $32,480,908

Following a remarkable performance in 2017, the English artist Cecily Brown emerged as one of the major figures of the Contemporary Art Market in 2018. On 16 May, her painting Suddenly Last Summer (1999) fetched $6,776,200 at Sotheby's New York, setting an impressive new record. The canvas, originally acquired from the Gagosian in 2000, was sold in May 2010 for $1,082,500, at Sotheby's New York. Since then its value has multiplied by six in just eight years.

5. Louise Bourgeois (1911-2010)

Auction turnover: $24,616,761

6. Barbara Hepworth (1903-1975)

Auction turnover: $19,947,414

7. Agnes Martin (1912-2004)

Auction turnover: $17,208,649

8. Tamara De Lempicka (1898-1980)

Auction turnover: $16,382,986

9. Jenny Saville (1970-)

Auction turnover: $13,225,583

British artists are definitely in vogue on the Art Market. Jenny Saville (known for her participation in the Young British Artists movement) is today the most expensive living female artist in the world. A few months after David Hockney earned the same title in the male artists category, Saville saw her Propped (1992) acquired for $12.5 million at Sotheby's in London. The price of her works has a lot to do with scarcity of supply: only 41 paintings by Jenny Saville have been auctioned in 20 years.  

10. Mary CASSATT (1844-1926)

Auction turnover: $10,317,602

11. Maria Elena VIEIRA DA SILVA (1908-1992)

Auction turnover: $7,707,244

12. Bridget RILEY (1931-)

Auction turnover: $7,103,990

13. Camille CLAUDEL (1864-1943)

Auction turnover: $6,996,741

14. Cindy SHERMAN (1954-)

Auction turnover: $6,755,382

15. Elizabeth PEYTON (1965-)

Auction turnover: $6,123,286

16. Elisabeth FRINK (1930-1993)

Auction turnover: $4,390,860

17. Christine AY TJOE (1973-)

Auction turnover: $3,989,020

In 2018 the Indonesian artist Christine Ay Tjoe continued her ascent with 13 lots sold at auction and no unsolds. Since 2008, her price index has risen +1,200%.

18. Niki DE SAINT-Phalle (1930-2002)

Auction turnover: $3,966,458

19. Njideka Akunyili CROSBY (1983-)

Auction turnover: $3,868,973

The great revelation of the year 2017, Njideka Akunyili Crosby, has just finished twelve reassuring months on the auction market. Three paintings and a drawing were sold, either within or above the pre-sale estimates. The decline in supply is also good news as it suggests collectors do not expect a drop in her prices. This situation is ideal for the young painter who saw the prices of her paintings rocket after her exhibition at the Victoria Miro gallery in London in October 2016.  

20. Louise NEVELSON (1899-1988)

Auction turnover: $3,845,112

Try our services (free demo):

https://www.artprice.com/artist/23640/baishi-qi

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https://www.artprice.com/subscription

Copyright ©2019 thierry Ehrmann - http://www.artprice.com

About Artprice: 

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF. 

Founded by thierry Ehrmann (see Who's who certified Biography ) (c) https://imgpublic.artprice.com/img/wp/sites/11/2018/10/bio-2019-whos-who-thierry-ehrmann.pdf ).

Dicover Artprice in video: https://www.artprice.com/video

Artprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 700,000 artists. Artprice Images® gives unlimited access to the largest Art Market resource in the world: a library of 126 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice's art historians.

Artprice permanently enriches its databanks with information from 6,300 auctioneers and it publishes a constant flow of art market trends for the world's principal news agencies and approximately 7,200 international press publications. For its 4,500,000 members, Artprice gives access to the world's leading Standardised Marketplace for buying and selling art. Artprice is preparing its blockchain for the Art Market. It is BPI-labelled (scientific national French label) Artprice's Global Art Market Annual Report for 2017 published last March 2018: https://www.artprice.com/artprice-reports/the-art-market-in-2017

Artprice is associated with Artron Group the Chinese leader in the Art Market, its solid institutional partner. 

About the Artron Group: 

"Artron Art Group (Artron), a comprehensive cultural industrial group founded in 1993 by Wan jie, is committed to inheriting, enhancing and spreading art value. Based on abundant art data, Artron provides art industry and art fans with professional service and experience of quality products by integrated application of IT, advanced digital science and innovative crafts and materials. Having produced more than 60,000 books and auction catalogues, Artron is the world's largest art book printer with a total print volume of 300 million a year. It has more than 3 million professional members in the arts sector and an average of 15 million daily visits, making it the world's leading art website."

Artron's Web: http://www.Artron.net

Artprice's Contemporary Art Market Annual Report for 2017 - free access at: https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2017

Artprice's press releases:

http://serveur.serveur.com/Press_Release/pressreleaseen.htm

https://twitter.com/artpricedotcom

Artmarket News:

https://twitter.com/artpricedotcom & https://twitter.com/artmarketdotcom

https://www.facebook.com/artpricedotcom 3.4 million subscribers

http://artmarketinsight.wordpress.com/

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos:

http://goo.gl/zJssd

https://vimeo.com/124643720

The Contemporary Art Museum The Abode of Chaos 

https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999 3.4 million subscribers

Contact: thierry Ehrmann,  ir@artprice.com

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