Top 10 Ten High Price Famous Auction Paintings
How much is art worth? Relative question isn't it? The art market reads value and worth as best it can by numerous criteria that are based on numerous other criteria - so their is no hard equation really. Art collectors must speculate to some extent when it comes to making art investments. The "Top 10 Ten High Price Famous Auction Paintings" is the short list of record setting art buys.
Their are some art deals that go beyond hard speculation however. The prices on some art deals may become astronomical for one of two reasons: 1) the obsessional interests of competing collectors at a particular sale for a particular work, or 2) a planned bidding scheme to drive up a contrived sale price for a particular art work as an entree' to valuing other related works by a particular artist or school. You would not really want to be a bidder in either of these astronomically pricey scenarios.
Art works found at the level of those listed in the Top 10 Ten High Price Famous Auction Paintings are above reproach as works of art, but does the price really reflect the work's value? Historic hindsight is the easiest way to judge the value of any buyer's investment. To make real investments a buyer must speculate at times. Ten years from now you can be the judge. Here is the Top Ten 10 Ten High Price Famous Auction Paintings:
1) "Portrait of Adele Bloch-Bauer" by Gustav Klimt - $135,000,000
This unbelievable price was paid for a record shattering purchase beacause of a court order in the Austria judiciary as a necessary effort to allow the return of this painting to Klimt's heir. This painting, taken by Nazis, was ordered to be returned to the heir after a year long court battle.
Portrait of Adele Bloch-Bauer was completed in 1907 by Gustav Klimt, the renowned art nouveau master, and was bought in 2006 by Ronald S. Lauder, cosmetics heir.
2) "Garcon a la Pipe" by Pablo Picasso - $104,100,000
This painting was created during Picasso's "Pink Period." Garcon a la Pipe is a beautiful example of Picasso's use of a warm and sensitive orange and pink palette. This canvas, an oil, that measures approximately 39 inches by 32 inches, depicts a boy with a pipe in his left hand.
This price was paid at auction on May 4, 2004 in Sotheby's. This was the first such price paid for a Picasso outside of his more recognized styles.
3) "Dora Maar with Cat" by Pablo Picasso - $95,200,000
Here was another surprise even with Picasso prices surging in 2006. The paid price was nearly twice the estimate made before the sale. Bought at auction at Sotheby's on May 3, 2006.
This canvas was done in 1941. It is the somewhat controversial portrait of Picasso's mistress, Dora Maar. Dora Maar was a photographer and artist who became mistress to Picasso in the 30s, and whose relationship with Picasso lasted ten years.
4) "Portrait of Dr. Gachet" by Vincent van Gogh - $82,500,000
This canvas by the Neo-Impressionist master Van Gogh was already well known when Ryoei Saito, a Japanese businessman paid $82.5 million for it. The painting was sold at auction in Christie's. Saito is said to have been so fond of the painting that he wanted it to be burned with him when he was to be cremated at the time of his death. When Saito died in 1996 the painting was saved.
Vincent van Gogh painted two variations of Dr. Gachet's portrait. The other version, done in slightly different colors is at the Musee d'Orsay in Paris.
5) "Bal Au Moulin de la Galette" by Pierre-Auguste Renoir - $78,000,000
This famous painting was created by French artist Pierre-Auguste Renoir in 1876. It was sold for $78 million on May 17, 1990 at Sotheby's in New York City to Ryoei Saito at the same time he purchased "Portrait of Dr Gachet."
6) "Massacre of the Innocents" by Peter Paul Rubens - $76,700,000
This painting was created in 1611 by Peter Paul Rubens. It is the single painting in this list painted before 19th century. It was bought by Baron of Fleet, Kenneth Thomson for $76,700,000 at Sotheby's in 2002.
7) "Portrait de l'Artiste sans Barbe" by Vincent van Gogh - $71,500,000
"Self-portrait without beard" is one of the many self-portraits done by Vincent van Gogh. This portrait was painted in Saint-Remy-de-Provence, France in 1889. The painting is an oil on canvas, approximately 16" x 13".
This self-portrait is rather different from Van Gogh's others because his he always depicted himself with a beard. This self-portrait sold for $71.5 million in 1998 in New York.
8) "Rideau, Cruchon et Compotier" by Paul Cezanne - $60,500,000
This work by Paul Cezanne was done in about 1893. It sold for $60,500,000 at Sotheby's on May 10, 1999 to the Whitney family. Whitney was from one of America's wealthiest families. He was a venture capitalist, publisher, and film producer.
9) "Femme aux Bras Croises" by Pablo Picasso - $55,000,000
Painted in 1901, this canvas was from Picasso's "Blue Period," the most somber time of the artist's production. The beautiful blue hued color variations are very typical of this period. The painting shows a woman with crossed arms looking into space.
"Femme aux Bras Croises" was sold for $55,000,000 on November 8, 2000 at Christie's in New York.
10) "Irises" by Vincent Van Gogh - $53,900,000
Vincent van Gogh painted this masterpiece in Saint-Remy-de-Provence, France in 1889. It was painted one year prior to his suicide. In 1987 it sold for $53,900,000 to Alan Bond, and was later resold to the Getty Museum.
That makes up the "Top 10 Ten High Price Famous Auction Paintings" as of this date.
How much is art worth? Relative question isn't it? The art market reads value and worth as best it can by numerous criteria that are based on numerous other criteria - so their is no hard equation really. Art collectors must speculate to some extent when it comes to making art investments. The "Top 10 Ten High Price Famous Auction Paintings" is the short list of record setting art buys.
Their are some art deals that go beyond hard speculation however. The prices on some art deals may become astronomical for one of two reasons: 1) the obsessional interests of competing collectors at a particular sale for a particular work, or 2) a planned bidding scheme to drive up a contrived sale price for a particular art work as an entree' to valuing other related works by a particular artist or school. You would not really want to be a bidder in either of these astronomically pricey scenarios.
Art works found at the level of those listed in the Top 10 Ten High Price Famous Auction Paintings are above reproach as works of art, but does the price really reflect the work's value? Historic hindsight is the easiest way to judge the value of any buyer's investment. To make real investments a buyer must speculate at times. Ten years from now you can be the judge. Here is the Top Ten 10 Ten High Price Famous Auction Paintings:
1) "Portrait of Adele Bloch-Bauer" by Gustav Klimt - $135,000,000
This unbelievable price was paid for a record shattering purchase beacause of a court order in the Austria judiciary as a necessary effort to allow the return of this painting to Klimt's heir. This painting, taken by Nazis, was ordered to be returned to the heir after a year long court battle.
Portrait of Adele Bloch-Bauer was completed in 1907 by Gustav Klimt, the renowned art nouveau master, and was bought in 2006 by Ronald S. Lauder, cosmetics heir.
2) "Garcon a la Pipe" by Pablo Picasso - $104,100,000
This painting was created during Picasso's "Pink Period." Garcon a la Pipe is a beautiful example of Picasso's use of a warm and sensitive orange and pink palette. This canvas, an oil, that measures approximately 39 inches by 32 inches, depicts a boy with a pipe in his left hand.
This price was paid at auction on May 4, 2004 in Sotheby's. This was the first such price paid for a Picasso outside of his more recognized styles.
3) "Dora Maar with Cat" by Pablo Picasso - $95,200,000
Here was another surprise even with Picasso prices surging in 2006. The paid price was nearly twice the estimate made before the sale. Bought at auction at Sotheby's on May 3, 2006.
This canvas was done in 1941. It is the somewhat controversial portrait of Picasso's mistress, Dora Maar. Dora Maar was a photographer and artist who became mistress to Picasso in the 30s, and whose relationship with Picasso lasted ten years.
4) "Portrait of Dr. Gachet" by Vincent van Gogh - $82,500,000
This canvas by the Neo-Impressionist master Van Gogh was already well known when Ryoei Saito, a Japanese businessman paid $82.5 million for it. The painting was sold at auction in Christie's. Saito is said to have been so fond of the painting that he wanted it to be burned with him when he was to be cremated at the time of his death. When Saito died in 1996 the painting was saved.
Vincent van Gogh painted two variations of Dr. Gachet's portrait. The other version, done in slightly different colors is at the Musee d'Orsay in Paris.
5) "Bal Au Moulin de la Galette" by Pierre-Auguste Renoir - $78,000,000
This famous painting was created by French artist Pierre-Auguste Renoir in 1876. It was sold for $78 million on May 17, 1990 at Sotheby's in New York City to Ryoei Saito at the same time he purchased "Portrait of Dr Gachet."
6) "Massacre of the Innocents" by Peter Paul Rubens - $76,700,000
This painting was created in 1611 by Peter Paul Rubens. It is the single painting in this list painted before 19th century. It was bought by Baron of Fleet, Kenneth Thomson for $76,700,000 at Sotheby's in 2002.
7) "Portrait de l'Artiste sans Barbe" by Vincent van Gogh - $71,500,000
"Self-portrait without beard" is one of the many self-portraits done by Vincent van Gogh. This portrait was painted in Saint-Remy-de-Provence, France in 1889. The painting is an oil on canvas, approximately 16" x 13".
This self-portrait is rather different from Van Gogh's others because his he always depicted himself with a beard. This self-portrait sold for $71.5 million in 1998 in New York.
8) "Rideau, Cruchon et Compotier" by Paul Cezanne - $60,500,000
This work by Paul Cezanne was done in about 1893. It sold for $60,500,000 at Sotheby's on May 10, 1999 to the Whitney family. Whitney was from one of America's wealthiest families. He was a venture capitalist, publisher, and film producer.
9) "Femme aux Bras Croises" by Pablo Picasso - $55,000,000
Painted in 1901, this canvas was from Picasso's "Blue Period," the most somber time of the artist's production. The beautiful blue hued color variations are very typical of this period. The painting shows a woman with crossed arms looking into space.
"Femme aux Bras Croises" was sold for $55,000,000 on November 8, 2000 at Christie's in New York.
10) "Irises" by Vincent Van Gogh - $53,900,000
Vincent van Gogh painted this masterpiece in Saint-Remy-de-Provence, France in 1889. It was painted one year prior to his suicide. In 1987 it sold for $53,900,000 to Alan Bond, and was later resold to the Getty Museum.
That makes up the "Top 10 Ten High Price Famous Auction Paintings" as of this date.
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