Art Market : The Week in numbers Richard Serra – Data Artprice

American sculptor Richard Serra received the French Legion of Honor Award this first week of June. Serra, who was born in 1939 in San Francisco, CA, and is famous for his monumental steel pieces, invented a minimalist form of art that can be seen in many places around the global and most especially in France: he was commissioned to create pieces to be exhibited at Paris’s Jardin des Tuileries in 2007 and for the 2008 Monumenta at the Grand Palais. This award is a high point in Serra’s life and the perfect opportunity for Artprice to comment on the artist’s market and key figures.

US$2.7 million

The 2014 total auction proceeds for pieces by Serra – a figure that makes him the 607th best performing artist of that year.

US$3.7 million

The highest hammer price for a work by Serra –
L.A. Cone, a 1986 piece measuring over 4 m x 5 m, sold on 15 May 2013 at Christie’s New York.

+54.7 %

The share of sculptures in the auction total for works by Serra over the last ten years. Sculpture remains the artist’s preferred technique, but paintings and drawings are also sought-after by collectors and account for 21.3% and 17.5% of the auction total, respectively.

+357 %

The appreciation of Port Hood VII, a 1993 drawing that sold for US$80,000 in November 2005 at Christie’s New York, and US$365,664 on 11 February 2015 at Sotheby’s London.

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