Making Millions In The Art Market

Art sale prices include buyers premium at auction Have a few million dollars to spend? Want to see it experience 21% annual growth? How about 900% growth over a ten- year period? Try the art market.According to ArtPrice.com, pieces from the 15 highest-selling artists have totaled $527,556,988 thus far in 2009. Works by those artists have posted average annual growth of 151.47% since 1999. The S&P 500 is down 23.5% during that time. The best selling artists are listed here by absolute value of 2009 auction sales, but pay close attention to how these works appreciate over time… some of the returns may surprise you. Click ahead to find out! By Paul ToscanoPosted 31 Aug 2009»Article: Investing in Art»Slideshow: Investing in Vintage Cars

Photo Courtesy: Sotheby's Auctions 2009 Sales: $18,678,5902009 Price Growth: -7.13%Ten-Year Price Growth: -25.83 %Avg. Annual Price Growth: -2.51 %Pictured: Baroque Egg with Bow (1994)Sold for: $5,458,500 »More about Jeff Koons

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $19,122,4652009 Price Growth: -36.62%Ten-Year Price Growth: +44.53%Avg. Annual Price Growth: +3.18%Pictured: L’evenement (1978)Sold for: $3,666,500»More about Marc Chagall

Photo Courtesy: Sotheby's Auctions 2009 Auction Sales: $20,101,322009 Price Growth: -4.05%10-Year Price Growth: +278.97Avg. Annual Price Growth: 12.01%Pictured: A Cinq morceaux de bois (1934)Sold for: 2,617,250 GBP»More about Alexander Calder

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $20,941,8352009 Price Growth: +0.71%10-Year Price Growth: +144.86%Avg. Annual Price Growth: +7.92%Pictured: Il Ritornante (1918)Sold for: $14,285,950»More about Giorgio de Chirico

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $21,573,3832009 Price Growth: -0.3% 10-Year Price Growth: +426.65%Avg. Annual Price Growth: +15.19%Pictured: Buste de Diego (Stele III) Sold for: $7,698,500»More about Alberto Giacometti

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $22,638,1242009 Price Growth: +61.25%10-Year Price Growth: +899.36%Avg. Annual Price Growth: +21.64%Pictured: Portrait de Madame M. Sold for: $6,130,500»More about Tamara de Lempicka

Photo Courtesy: Sotheby's Auctions 2009 Auction Sales: $25,847,4802009 Price Growth: -11.13%10-Year Price Growth: +94.12%Avg. Annual Price Growth: +5.81%Pictured: Petite Daneuse de Quatorze ansSold for: 13,257,250 GBP»More about Edgar Degas

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $28,664,3522009 Price Growth: -14.82%10-Year Price Growth: +197.08%Avg. Annual Price Growth: +9.71Pictured: Peinture (Femme se poudrant)Sold for: 3,961,250 GBP»More about Joan Miro

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $32,678,3802009 Price Growth: +4.99%10-Year Price Growth: +212.3%Avg. Annual Price Growth: 10.18%Pictured: Au Parc Monceau (1878)Sold for: $10,284,284»More about Claude Monet

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $37,762,4722009 Price Growth: N/A10-Year Price Growth: N/AAvg. Annual Price Growth: N/APictured: Portrait de Mme L.R. (1914-17)Sold for: $37,762,472»More about Constantin Brancusi

Photo Courtesy: Sotheby's Auctions 2009 Auction Sales: $40,809,5882009 Price Growth: -20.24%10-Year Price Growth: +227.34%Avg. Annual Price Growth: +10.62%Pictured: Mrs. McCarthy & Mrs. Brown (Tunafish Disaster)Sold for: 3,737,250 GBP»More about Andy Warhol

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $41,053,7642009 Price Growth: -6.62%10-Year Price Growth: +270.46%Avg. Annual Price Growth: +11.79%Pictured: La tasse de thé (1921)Sold for: $14,865,617»More about Fernand Leger

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $57,943,1062009 Price Growth: N/A10-Year Price Growth: N/AAvg. Annual Price Growth: N/APictured: Composition avec bleu, rouge, jaune et noir (1922)Sold for: $27,908,129»More about Piet Mondriaan

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $65,095,0702009 Price Growth: +0.25%10-Year Price Growth: +101.39%Avg. Annual Price Growth:+4.94%Pictured: Les coucous, tapis bleu et rose (1911)Sold for: $46,457,480»More about Henri Matisse

Photo Courtesy: Christie's Images LTD. 2009 2009 Auction Sales: $79,002,9172009 Price Growth: -4.21%10-Year Price Growth: +76.31%Avg. Annual Price Growth: +4.94%Pictured: Mousquetaire à la pipe (1968)Sold for: $14,642,500»Replay Slideshow»Alternative Investments Home»More from ArtPrice.com»More about Pablo Picasso