The world of art is an ever-evolving landscape, and this is especially true for modern pieces. Many of the most expensive modern pieces of art come from some of the most famous names in the industry.
For instance, Jeff Koons’ iconic Balloon Dog (Orange) sculpture sold for a whopping $58.4 million at Christie’s in 2013, making it the most expensive work by a living artist ever sold at auction. Two years prior, another of Koons’ works, Tulips, sold for $33.7 million.
The record for the most expensive modern artwork ever sold goes to American abstract expressionist painter, Mark Rothko’s Orange, red, yellow which was bought by Dmitry Rybolovlev, a Russian billionaire and art collector in August 2012 for a staggering $86.9 million.
Other notable pieces include Picasso’s Les Femmes d’Alger (Version O) which sold for $179 million at Christie’s in May 2015; Willem de Kooning’s Interchange which was purchased by Kenneth C Griffin for $300 million in September 2015; and Alberto Giacometti’s L’homme au doigt which was auctioned off by Sotheby’s in February 2015 for $141.3 million.
The world of modern art is filled with breathtaking works that are worth millions of dollars, but it’s clear that Mark Rothko’s Orange, red, yellow remains the single most expensive modern piece of art ever sold.
In conclusion, what is the most expensive modern piece of art? The answer is Mark Rothko’s Orange, red, yellow which was purchased by Dmitry Rybolovlev in August 2012 for an astonishing $86.
6 Related Question Answers Found
Modern art is often seen as an expensive form of expression. It can be seen in galleries, private collections, and museums all over the world, and the price tags associated with it can be staggering. But why is modern art so expensive?
Modern art is a broad movement that has grown and changed rapidly in the last century. It encompasses a variety of styles and mediums, ranging from abstract expressionism to pop art. Many people consider modern art to be expensive, but the truth is that it depends on the type of art and the artist.
Modern art has become increasingly more expensive over the years, and it’s a mystery to many why. But there are a few factors that contribute to the high cost of modern art.
1. Rarity and Supply and Demand
Modern art is often created in limited quantities, making it relatively rare.
Modern art is one of the most controversial topics in the world of art and culture. It’s often seen as a form of expression that is outside the boundaries of traditional forms of art, and it can be difficult to put a price on something that’s so unique and personal. In fact, modern art is often seen as being so abstract and subjective that it’s impossible to attach any real monetary value to it.
Modern art is often seen as more expensive than traditional art. This is due to the unique nature of modern art, its scarcity and its appeal to collectors. Modern art is often created with the intention of being a one-of-a-kind piece, or limited edition series.
Modern art heavily influences our culture, from film and television to home furnishings and fashion. It is often seen as a way to express emotion, and it can be a powerful tool for self-expression. With so many amazing artworks created in the last century, it is difficult to determine which one is the most famous modern art piece.
