This is a list of the highest known prices paid for
paintings. The earliest sale on the list (
Vase with Fifteen
Sunflowers by
Vincent van Gogh)
is from 1987, and more than trebled the previous record price, set
only two years before, introducing a new era in top picture prices.
The sale was also significant in that for the first time a "modern"
painting (in this case from 1888) became the record holder, as
opposed to the
old master
paintings which had always previously held it. Since that time
sales of the most valuable paintings have usually been made at
auctions, though that had by no means
always been the case before, and the list below still shows some
"private sales", including the three most expensive. The current
record price was paid for a work from 1948 by
Jackson Pollock, and there are only three
old master paintings on the list below.
The world's most famous paintings, especially old master works done
before 1800, are generally owned by
museums,
which very rarely sell them, and as such, they are quite literally
priceless.
Guinness World
Records lists the
Mona
Lisa as having the highest
insurance value for a painting in history.
It was
assessed at US$100 million on
December 14, 1962,
before the painting toured the United States
for several months. However, the Louvre
chose to
spend the money that would have been spent on the insurance premium
on security instead. Taking
inflation into account, the 1962 value would be
approximately US$670 million in 2006.
List of highest prices paid at auctions or private sales
(inflation adjusted)
This list is ordered by
consumer
price index inflation-adjusted value (
in bold) in
millions of 2009
United States
dollars. Where necessary, the price is first converted to
dollars using the
exchange rate at the
time the painting was sold. The inflation adjustment may change as
recent inflation rates are often revised. A list in another
currency would probably be in a slightly different order due to
exchange rate fluctuations. Paintings are only listed once, i.e.
for the highest price sold.
Before the
March 1987 sale of Van Gogh's Vase with Fifteen
Sunflowers for $39.7 million ($74.5 million in 2009 dollars),
the highest absolute price paid for a painting was $10.45 million
($20.7 million in 2009 dollars) paid by the J.
Paul Getty Museum
for Mantegna's Adoration of the Magi at
Christie's in London on April 18,
1985[32593]. In constant
dollars, the highest price paid before 1987 was by the National Gallery
of Art
when in February 1967 they acquired Da Vinci's Ginevra de'
Benci for around $5 million ($32 million in 2009 dollars) from
the Princely Family of
Liechtenstein.
| Adjusted price (in millions) |
Original price (in millions) |
Painting |
Artist |
Year |
Year of sale |
Seller |
Buyer |
Auction house |
| $148.1 |
$140 |
No. 5,
1948 |
Jackson Pollock |
1948 |
2006 |
David Geffen |
David Martinez ? |
private sale |
| $145.4 |
$137.5 |
Woman III |
Willem de Kooning |
1953 |
2006 |
David Geffen |
Steven A. Cohen |
private sale via Larry Gagosian |
| $142.8 |
$135 |
Portrait of Adele
Bloch-Bauer I |
Gustav Klimt |
1907 |
2006 |
Maria Altmann |
Ronald Lauder,
Neue
Galerie |
private sale |
| $134.6 |
$82.5 |
Portrait of Dr.
Gachet |
Vincent van Gogh |
1890 |
1990 |
Siegfried Kramarsky
family |
Ryoei Saito |
Christie's,
New
York |
| $127.4 |
$78.1 |
Bal du moulin de la
Galette |
Pierre-Auguste Renoir |
1876 |
1990 |
Betsey
Whitney |
Ryoei Saito |
Sotheby's, New York |
| $117.6 |
$104.2 |
Garçon à la pipe |
Pablo Picasso |
1905 |
2004 |
Greentree foundation
(Whitney family) |
|
Sotheby's, New York |
| $101.2 |
$53.9 |
Irises |
Vincent van Gogh |
1889 |
1987 |
son of Joan Whitney
Payson |
Alan Bond |
Sotheby's, New York |
| $100.7 |
$95.2 |
Dora Maar au Chat |
Pablo Picasso |
1941 |
2006 |
Gidwitz family |
|
Sotheby's, New York |
| $99.7 + |
$58 plus exchange of works |
"Portrait of Joseph Roulin" |
Vincent van Gogh |
1889 |
1989 |
Swiss private Collection |
Museum of Modern Art New York |
Private sale via Thomas Ammann
Fine Art Zurich |
| $93.5 |
$71.5 |
Portrait de
l'artiste sans barbe |
Vincent van Gogh |
1889 |
1998 |
heirs of Jacques Koerfer |
|
Christie's, New York |
| $93.0 |
$87.9 |
Portrait of Adele Bloch-Bauer
II |
Gustav Klimt |
1912 |
2006 |
Maria Altmann |
|
Christie's, New York |
$90.9
|
$76.7 (£49.5) |
Massacre of the
Innocents |
Peter Paul Rubens |
1611 |
2002 |
an Austrian family |
Kenneth Thomson |
Sotheby's, London |
| $85.5 |
$86.3 |
Triptych, 1976 |
Francis Bacon |
1976 |
2008 |
|
Roman Abramovich [32594] |
Sotheby's, New York |
$84.8
|
$49.3 (F300) |
Les Noces de
Pierrette |
Pablo Picasso |
1905 |
1989 |
Fredrik Roos |
Tomonori Tsurumaki |
Binoche et
Godeau Paris |
| $84.6 |
$80.0 |
False Start |
Jasper Johns |
1959 |
2006 |
David Geffen |
Kenneth C. Griffin |
private sale via Richard Gray |
| $84.1 |
$57 |
A Wheatfield with
Cypresses |
Vincent van Gogh |
1889 |
1993 |
son of Emil Georg
Bührle |
Walter H. Annenberg |
private sale via Steven Mazoh |
| $82.3 |
$47.85 |
Yo, Picasso |
Pablo Picasso |
1901 |
1989 |
Wendell Cherry |
Stavros Niarchos |
Sotheby's, New York |
| $79.7 |
$80.4 (£40.9) |
Le Bassin aux
Nymphéas |
Claude Monet |
1919 |
2008 |
J. Irwin and Xenia S. Miller |
|
Christie's, London |
| $77.4 |
$60.5 |
Rideau, Cruchon et
Compotier |
Paul Cézanne |
1894 |
1999 |
Whitney Family |
|
Sotheby's, New York |
| $74.9 |
$72.8 |
White
Center |
Mark Rothko |
1950 |
2007 |
David Rockefeller,
Sr. |
Sheikh Hamad bin Khalifa
Al-Thani |
Sotheby's, New York |
$74.5
|
$39.7 (£24.75) |
Vase with Fifteen
Sunflowers |
Vincent van Gogh |
1888 |
1987 |
daughter-in-law of Chester
Beatty |
Yasuo Goto, Yasuda Comp. |
Christie's, London |
| $73.7 |
$71.7 |
Green Car
Crash |
Andy Warhol |
1963 |
2007 |
Private Collection, Switzerland |
|
Christie's, New York |
$70.6
|
$70.6 (£50) |
Diana and
Actaeon |
Titian |
1556-1559 |
2009 |
Duke of
Sutherland |
National Galleries of
Scotland & National Gallery, London |
private sale [32595] [32596] [32597] |
| $70.0 |
$40.7 |
Au Lapin Agile |
Pablo Picasso |
1904 |
1989 |
daughter of Joan Whitney
Payson |
Walter H. Annenberg |
Sotheby's, New York |
$69.4
|
$38.5 (£20.9) |
Acrobate et jeune
Arlequin |
Pablo Picasso |
1905 |
1988 |
heir of Roger Janssen? |
Mitsukoshi |
Christie's, London |
| $68.1 |
$55.0 |
Femme aux Bras
Croisés |
Pablo Picasso |
1902 |
2000 |
McCormick family, Chicago |
|
Christie's, New York |
| $67.2 |
$63.5 |
Police Gazette |
Willem de Kooning |
1955 |
2006 |
David Geffen |
Steven A. Cohen |
private sale, Richard Gray Gallery |
| $64.3 |
$48.4 |
Le Rêve |
Pablo Picasso |
1932 |
1997 |
Ganz family |
Wolfgang Flöttl [32598] |
Christie's, New York. |
| $63.5 |
$49.6 |
Femme assise dans un
jardin |
Pablo Picasso |
1938 |
1999 |
Robert Saidenberg |
|
Sotheby's, New York |
| $63.1 |
$47.5 |
Peasant
Woman Against a Background of Wheat |
Vincent van Gogh |
1890 |
1997 |
|
Stephen Wynn |
private sale via Acquavella Galleries Inc., New York |
| $60.5 |
$35.2 |
Portrait of a
Halberdier |
Pontormo |
1537 |
1989 |
Chauncey Devereaux
Stillman |
Getty Museum |
Christie's, New York |
Gallery
Image:Gustav Klimt 046.jpg|
Portrait of Adele Bloch-Bauer
I (
Klimt)Image:Portrait of Dr.
Gachet.jpg|
Portrait of Dr.
Gachet (
Van
Gogh)Image:Renoir21.jpg|
Bal au moulin de la
Galette, Montmartre, (
Renoir)Image:VanGoghIrises2.jpg|
Irises
(
Van Gogh)Image:Vincent Willem van
Gogh 102.jpg|
Portrait de l'artiste sans
barbe (
Van
Gogh)Image:Gustav_Klimt_047.jpg|
Adele Bloch-Bauer II (
Klimt)Image:Ruebens massacre.jpg|
Massacre of the Innocents
(
Rubens)Image:Vincent Willem van
Gogh 049.jpg|
A
Wheatfield with Cypresses (
Van
Gogh) (may not be the version sold in
1993)Image:Paulcezanneart.jpg|
Rideau, Cruchon et
Compotier (
Cézanne)Image:Van Gogh Vase with Fifteen
Sunflowers.jpg|
Vase
with Fifteen Sunflowers (
Van
Gogh)
Notes
- Reportedly, Gachet's portrait was privately resold to a
European buyer in 1997 or 1998 for $65-$90 million through
Sotheby’s [1] [2]
- This is the small version of the painting; the large version is
at Musée
d'Orsay.
- Privately resold for ca. $50 million through Sotheby’s in 1997
[3]
- Alan Bond could not pay off the painting, and Irises was resold
(probably for somewhat less) to the Getty Museum.
- Kimmelman, Michael: How the MoMA got the Van Gogh, New York
Times, 09 October 1989.
- Later in 2002, Thomson donated his private collection,
including the Rubens, to the Art Gallery of Ontario [4]
- Most expensive painting by a living artist
- Annenberg donated it subsequently to the Metropolitan Museum of Art
- Steve Wynn, who bid on the painting at auction, privately
acquired the work several months later from the unidentified buyer
for an undisclosed, supposedly lower price. Kenneth Griffin
acquired it in 2004 from Wynn [5]. Some news articles, probably by mistake,
claim that Griffin was the buyer at Sotheby's in 1999 [6].
- resold for £12m to Stavros Niarchos in 1993
- In October 2006, Steve Wynn purportedly agreed to sell Le Rêve
to Steven Cohen for $139 million, but Wynn accidentally elbowed a
hole in the middle of the canvas, thus scuppering the sale. The
sale would have made Le Rêve the most expensive painting
at the time.
- On Oct. 7, 2005, The New York Times reported that Steven Cohen
bought van Gogh's "Peasant Woman Against a Background of Wheat" and
Gauguin's
"Bathers" (1903)
from Steve Wynn for approximately $110 million [7], though guesses range from $100-150 million. One
or both of the paintings may thus occur higher on this list.
External links