News

The art market has been bustling with astonishing record prices during the past decade mainly to the advantage of rich people who can afford to spend much money to buy major works with the aim of gaining substantial profits in the short term.

Making money has thus become a lucrative game on the art market. Still, buyers need to have quite a good knowledge of what seems much interesting to acquire meaning they must be endowed with some flair and also much luck.

Artcult has chosen a selection of artists to determine the evolution of their average value over the past 20 years in order to establish a list of those whose

works have recorded the highest percentage of profit during that time.

List of selected artists (Completed every week)

PAINTERS:

Francis Bacon (1909-1992) Best price 1990: 5 million USD  Average:  3,8 million USD  Best Price 2000: 6 million USD Average for 2000: 5 million USD (only two works sold)   Best price 2010-2011: 25282500 USD Average: 12,3 million USD

Miguel Barcelo (Born in 1957) Best price 1990: 265 310 USD  Average:  100 000 USD Best price 2000: 403 461 USD. Average price for 2000: 235 000 USD Best price 2010-2011: 6 488 527 USD Average price: 1,5 million USD