Chart of the day, contemporary art edition

By Felix Salmon
May 20, 2009
" data-share-img="" data-share="twitter,facebook,linkedin,reddit,google" data-share-count="true">

From Maneker:



We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see

I know the point of the graph is to be a birds-eye view of the NYC art marketplace, but several New York art developments have been pretty exciting. Last Thursday at the Christie’s sale in NY, the record lot sold was a piece by the contemporary Chinese artist Zhang Xiaogang, which sold for over $700K, in a western artist-focused show. That’s a pretty big development, and this and other sales of big Chinese artists like Zeng Fangzhi at the Phillips sale last week in NY indicate that the city’s art dynamics (and buyers’ habits) are a bit more fluid than single graphs show.