08202017Headline:

10 Most Expensive Artworks Sold During Spring Auction 2012

Spring 2012 has been an interesting time for the art world. Industry watchers have recently been marveling at the high prices fetched by some of the most expensive paintings in the world. Art auctions featuring the most famous paintings of the world are drawing attention from billionaires and millionaires around the world. Record prices have become a common feature as well-known artworks regularly overshoot pre-auction estimates by huge margins. Take the example of Edvard Munch’s “The Scream”. On 2 May 2012, the artwork set a new record for paintings sold at auctions by selling for an impressive $ 119.9 million at a Sotheby’s New York auction.

Christie’s has fared especially well during the spring auctions, recording sales of $ 388.5 million in the category of postwar and contemporary art in early May 2012.

Sotheby’s was not within touching distance, but its own sales of $ 266.6 million in the same category is worth celebrating. Prior to that, Sotheby’s auctions of Impressionist and modern art had led to a record for the auction house with sales of $ 330 million. Yet, all this time the economic situation is not getting any better.

The staggering prices being commanded by the most expensive paintings these days are widely regarded as the result of binge buying, though not always. And as we all know, binge buying is not good news for any industry because it does not have the staying power.

 10 Most Expensive Artworks Sold During Spring Auction 201210. Study for Self-Portrait
Artist: Francis Bacon

Price: $ 33.6 million

Date of Sale: 27 June 2012

Auction House: Christie’s London
Another Francis Bacon artwork makes it to the top 10 highest selling paintings of the spring 2012 auction circuit. This time it is a portrait of the artist himself.

 10 Most Expensive Artworks Sold During Spring Auction 20129. The Lock
Artist: John Constable

Price: $ 35.2 million

Date of Sale: 3 July 2012

Auction House: Christie’s London
The painting was sold by a Spanish baroness, who did not want to part with the painting. Baroness Carmen Thyssen-Bornemisza was forced to due to financial circumstances. John Constable painted this beautiful piece in 1824.

 10 Most Expensive Artworks Sold During Spring Auction 20128. FC1 (Fire Color 1)
Artist: Yves Klein

Price: $ 36.5 million

Date of Sale: 8 May 2012

Auction House: Christie’s
Another work by Yves Klein won big during the spring auction season. This was FC1, an interesting and massive panel featuring graceful female silhouettes on a painting made using dry pigments and synthetic resin.

 10 Most Expensive Artworks Sold During Spring Auction 20127. Le Rose Du Bleu (RE 22)
Artist: Yves Klein

Price: $ 36.8 million

Date of Sale: 27 June 2012

Auction House: Christie’s London
Yves Klein surpassed his own previous records thanks to a recent auction in Christie’s London. His “Le Rose du Bleu” now ranks among the most expensive paintings in the world.

 10 Most Expensive Artworks Sold During Spring Auction 20126. Peinture (Étoile Bleue)
Artist: Joan Miro

Price: $ 36.9 million

Date of Sale: 19 June 2012

Auction House: Sotheby’s London
Spanish artist Joan Miro was one of the big winners of the spring auctions of 2012. His 1927 artwork, “Peinture (Étoile Bleue)” sold for an impressive price of $ 36.9 million in June this year.

 10 Most Expensive Artworks Sold During Spring Auction 20125. Double Elvis (Ferus Type)
Artist: Andy Warhol

Price: $ 37 million

Date of Sale: 9 May 2012

Auction House: Sotheby’s
Elvis fans may recognize the still as one of the singing star playing a gunslinger in a movie. Warhol recreated that image in pale grey back in 1963. The painting was done on linen using silkscreen and spray paint.

 10 Most Expensive Artworks Sold During Spring Auction 20124. Sleeping Girl
Artist: Roy Lichtenstein

Price: $ 44.9 million

Date of Sale: 9 May 2012

Auction House: Sotheby’s
Fans of comic book art can finally aspire to comic book-style art. Roy Lichtenstein was heavily inspired by comic book graphics when he created the painting of the “Sleeping Girl”, one of his best-known works to date.

 10 Most Expensive Artworks Sold During Spring Auction 20123. Figure Writing Reflected In Mirror
Artist: Francis Bacon

Price: $ 44.9 million

Date of Sale: 9 May 201
2
Auction House: Sotheby’s
Painted in 1976, this well-known artwork is a fine example of the English artist’s expressionistic style. The painting was sold to an anonymous bidder who cut four other bidders to the chase.

 10 Most Expensive Artworks Sold During Spring Auction 20122. Orange, Red, Yellow
Artist: Mark Rothko

Price: $ 86.9 million

Date of Sale: 8 May 2012

Auction House: Christie’s
Leading the way for abstract paintings is the insanely famous “Orange, Red, Yellow”, a painting that is deceptively simple but is known to produce a strong impression when placed under the correct lighting and other spatial conditions.

 10 Most Expensive Artworks Sold During Spring Auction 20121. The Scream
Artist: Edvard Munch

Price: $ 119.9 million

Date of Sale: 2 May 2012

Auction House: Sotheby’s
This famous artwork currently rules the roost as the most expensive painting to ever sell at an auction. It is also the fifth most expensive painting in the world. This famous painting by Edvard Munnch has entered the realm of pop culture and is one of the most recognized artworks ever.

What Next?

Related Articles