Art Market : The Week in numbers: Philip Guston – Data Artprice


Philip Guston died 35 years ago but he still makes the news. Gallery Hauser & Wirth, one of the world’s most prominent galleries,has been appointed to represent his Estate a year ago and is now preparing a major exhibition that will showcase one of the main aspects of the artist’s works in its New York offices.
With the exhibition Philip Guston Painter, 1957 –- 1967 opening on 26 April and set to last until 29 July 2016, Artprice has chosen to examine the hammer prices of works by Guston to understand how they perform.

+500%

The appreciation of Beggar’s Joys (1954-55). The piece sold for US$1.7 million in November 1996 and US$10.2 million in 2008, i.e. a six-fold increase.

17

The number of paintings by Guston that sold at auction in the past five years, at an averageUS$8.8 million.

66.7%

The 2015 unsold rate at auction for paintings by Guston. Rare though these works may be, collectors are very demanding in terms of quality.

5

The number of times the piece Sleeper III (1960) went up for auction since 1989. It only sold once, at US$145,000 in 2008, and was bought-in twice last year – in May and November.

 

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http://www.artprice.com/artist/3416/francois-boucher

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