The best (& most lucrative) art investments from the past
decade
Art investments have proven to be a lucrative asset class
over the past decade, with several notable works achieving
substantial appreciation in value. While the art market can
be unpredictable and subject to fluctuations, here are some
of the best art investments from the last 10 years:
-
"Salvator Mundi" by Leonardo da Vinci (c. 1500): Sold in
2017 for $450 million, this artwork saw an extraordinary
growth in value since its rediscovery. While precise
percentage growth is difficult to determine, it represents
a substantial appreciation given its previous acquisition
for just $10,000 in 2005.
-
"Untitled" by Jean-Michel Basquiat (1982): Sold for $110.5
million in 2017, this painting showcases Basquiat's rising
market value. While exact percentage growth is challenging
to ascertain, Basquiat's works have experienced
substantial appreciation over the last decade.
-
"Rabbit" by Jeff Koons (1986): Selling for $91.1 million
in 2019, this stainless-steel sculpture demonstrated
impressive growth in value. Estimated percentage growth is
approximately 316% from its previous sale in 2007 for
$21.1 million.
-
"Nu Couché" by Amedeo Modigliani (1917-1918): Sold for
$170.4 million in 2015, this artwork experienced
substantial growth in value. Estimated percentage growth
is approximately 419% from its previous sale in 2003 for
$32.6 million.
-
"Les Femmes d'Alger (Version 'O')" by Pablo Picasso
(1955): Selling for $179.4 million in 2015, this painting
demonstrated significant growth. Estimated percentage
growth is approximately 572% from its previous sale in
1997 for $31.9 million.
-
"Balloon Dog (Orange)" by Jeff Koons (1994-2000): Selling
for $58.4 million in 2013, this sculpture exhibited
notable appreciation. Estimated percentage growth is
approximately 294% from its previous sale in 2008 for
$14.8 million.
Amazing, isn't it?