September 07, 2012

Warhol vs. S&P

The Andy Warhol Foundation for the Visual Arts is auctioning off the rest of the Pop artist’s estate. A sale of this magnitude will most likely affect the Mugrabi family the most, as they are said to have one of the largest collections of Warhol artworks.

We used artnet Analytics to compare Warhol’s index from 2001 to 2011 against the S&P. The first chart shows that Warhol’s market recovered quickly from the crash that took place from 2007 to 2009. This index does not include prints.

The second image is a Print Market graph showing the total sales volume of Warhol prints from 2001 to 2011. This graph also shows Warhol’s quick recovery and the strength of his market.