Artemundi’s 2018 Recap
Over the last 12 months, the art market has demonstrated a level of maturity perfectly commensurate in view of the state of the global economy. Political instability and financial uncertainty have brought us big surprises such as Gilbert Stuart’s George Washington sale for 8 ½ times its high estimate, and disappointments such as the BI of Clyfford Still’s PH-916 (1946-No.1) estimated between $20 M and $30 M. Still, wonderful museums opened their doors worldwide with architectonic masterpieces such as the much-anticipated The Louvre Abu Dhabi and the Glenstone Museum.
This publication also features the Top 10 Lots and Top 10 Artists By Total Sales and Volume. In addition, we have included a brief summary of the Ups and Downs in the art market for this year and some trends that we have identified for the next year.
Top Lots of 2018
![Amedeo Modigliani Nu Couché](https://media.artemundi.com/wp-content/uploads/2021/05/modigliani.png)
![Pablo Picasso, Fillette à la Corbeille Fleurie](https://media.artemundi.com/wp-content/uploads/2021/05/picasso.png)
![Edward Hopper, Chop Suey](https://media.artemundi.com/wp-content/uploads/2021/05/hopper.png)
![David Hockney, Portrait of an Artist](https://media.artemundi.com/wp-content/uploads/2021/05/hockney.png)
![Kazimir Malevich, Suprematist Composition](https://media.artemundi.com/wp-content/uploads/2021/05/malevich.png)
![Claude Monet, Nymphéas en Fleur](https://media.artemundi.com/wp-content/uploads/2021/05/monet.png)
![Henri Matisse, Odalisque Couchée aux Magnolias](https://media.artemundi.com/wp-content/uploads/2021/05/matisse.png)
![Willem de Kooning, Woman as Landscape](https://media.artemundi.com/wp-content/uploads/2021/05/kooning.png)
![Pablo Picasso, Femme Au Béret et á la Robe Quadrillée](https://media.artemundi.com/wp-content/uploads/2021/05/picasso2-1.png)
![Zao Wou-Ki, Juin-octobre](https://media.artemundi.com/wp-content/uploads/2021/05/zao.png)
Ups & Downs
![Artemundi’s 2018 Recap](https://media.artemundi.com/wp-content/uploads/2021/05/upsanddowns1.png)
![Artemundi’s 2018 Recap](https://media.artemundi.com/wp-content/uploads/2021/05/upsanddowns2.png)
Top Artists by Total Sales and Volume of 2018 (Paintings Category)
![Pablo Picasso](https://media.artemundi.com/wp-content/uploads/2021/05/picasso-port.png)
$622.4 M
64 Lots
![Claude Monet](https://media.artemundi.com/wp-content/uploads/2021/05/monet-port.png)
$352.5 M
40 Lots
![Zao Wou-Ki](https://media.artemundi.com/wp-content/uploads/2021/05/zao-port.png)
$294.0 M
62 Lots
![Jean-Michel Basquiat](https://media.artemundi.com/wp-content/uploads/2021/05/basquiat-port.png)
$251.5 M
53 Lots
![Andy Warhol](https://media.artemundi.com/wp-content/uploads/2021/05/warhol-port.png)
$183.8 M
82 Lots
![David Hockney](https://media.artemundi.com/wp-content/uploads/2021/05/hockney-port.png)
$178.3 M
15 Lots
![Amedeo Modigliani](https://media.artemundi.com/wp-content/uploads/2021/05/modigliani-port.png)
$157.2 M
9 Lots
![Willem de Kooning](https://media.artemundi.com/wp-content/uploads/2021/05/kooning-port.png)
$149.2 M
33 Lots
![Gerhard Richter](https://media.artemundi.com/wp-content/uploads/2021/05/richter-port.png)
$133.8 M
63 Lots
![Francis Bacon](https://media.artemundi.com/wp-content/uploads/2021/05/bacon-port.png)
$123.6 M
16 Lots
What will 2019 hold for the Art Market?
![Artemundi’s 2018 Recap](https://media.artemundi.com/wp-content/uploads/2021/05/future-art-mrkt_small.png)
Top New Art Museums of 2018
![The Louvre Abu Dhabi, United Arab Emirates](https://media.artemundi.com/wp-content/uploads/2021/05/louvre.png)
![V&A Dundee, Scotland](https://media.artemundi.com/wp-content/uploads/2021/05/dundee.png)
![Zeitz Museum of Contemporary Art, South Africa](https://media.artemundi.com/wp-content/uploads/2021/05/zeitz.png)
![Institute for Contemporary Art Virginia Commonwealth University, USA](https://media.artemundi.com/wp-content/uploads/2021/05/virgina.png)
![Glenstone Museum, USA](https://media.artemundi.com/wp-content/uploads/2021/05/glenstone.png)
![The Menil Collection Drawing Institute, USA](https://media.artemundi.com/wp-content/uploads/2021/05/the-menil.png)
![Remai Modern, Canada](https://media.artemundi.com/wp-content/uploads/2021/05/remai.png)
![Museum of African Contemporary Art Al Maaden, Morocco](https://media.artemundi.com/wp-content/uploads/2021/05/maaden.png)
![Museum MACAN, Indonesia](https://media.artemundi.com/wp-content/uploads/2021/05/macan.png)
![Mori Building Digital Art Museum, Tokyo](https://media.artemundi.com/wp-content/uploads/2021/05/mori.png)
![Amedeo Modigliani Nu Couché](https://media.artemundi.com/wp-content/uploads/2021/05/modigliani.png)
![Pablo Picasso, Fillette à la Corbeille Fleurie](https://media.artemundi.com/wp-content/uploads/2021/05/picasso.png)
![Edward Hopper, Chop Suey](https://media.artemundi.com/wp-content/uploads/2021/05/hopper.png)
![David Hockney, Portrait of an Artist](https://media.artemundi.com/wp-content/uploads/2021/05/hockney.png)
![Kazimir Malevich, Suprematist Composition](https://media.artemundi.com/wp-content/uploads/2021/05/malevich.png)
![Claude Monet, Nymphéas en Fleur](https://media.artemundi.com/wp-content/uploads/2021/05/monet.png)
![Henri Matisse, Odalisque Couchée aux Magnolias](https://media.artemundi.com/wp-content/uploads/2021/05/matisse.png)
![Willem de Kooning, Woman as Landscape](https://media.artemundi.com/wp-content/uploads/2021/05/kooning.png)
![Pablo Picasso, Femme Au Béret et á la Robe Quadrillée](https://media.artemundi.com/wp-content/uploads/2021/05/picasso2-1.png)
![Zao Wou-Ki, Juin-octobre](https://media.artemundi.com/wp-content/uploads/2021/05/zao.png)
![Artemundi’s 2018 Recap](https://media.artemundi.com/wp-content/uploads/2021/05/upsanddowns1.png)
![Artemundi’s 2018 Recap](https://media.artemundi.com/wp-content/uploads/2021/05/upsanddowns2.png)
![Pablo Picasso](https://media.artemundi.com/wp-content/uploads/2021/05/picasso-port.png)
$622.4 M
64 Lots
![Claude Monet](https://media.artemundi.com/wp-content/uploads/2021/05/monet-port.png)
$352.5 M
40 Lots
![Zao Wou-Ki](https://media.artemundi.com/wp-content/uploads/2021/05/zao-port.png)
$294.0 M
62 Lots
![Jean-Michel Basquiat](https://media.artemundi.com/wp-content/uploads/2021/05/basquiat-port.png)
$251.5 M
53 Lots
![Andy Warhol](https://media.artemundi.com/wp-content/uploads/2021/05/warhol-port.png)
$183.8 M
82 Lots
![David Hockney](https://media.artemundi.com/wp-content/uploads/2021/05/hockney-port.png)
$178.3 M
15 Lots
![Amedeo Modigliani](https://media.artemundi.com/wp-content/uploads/2021/05/modigliani-port.png)
$157.2 M
9 Lots
![Willem de Kooning](https://media.artemundi.com/wp-content/uploads/2021/05/kooning-port.png)
$149.2 M
33 Lots
![Gerhard Richter](https://media.artemundi.com/wp-content/uploads/2021/05/richter-port.png)
$133.8 M
63 Lots
![Francis Bacon](https://media.artemundi.com/wp-content/uploads/2021/05/bacon-port.png)
$123.6 M
16 Lots
![Artemundi’s 2018 Recap](https://media.artemundi.com/wp-content/uploads/2021/05/future-art-mrkt_small.png)
![The Louvre Abu Dhabi, United Arab Emirates](https://media.artemundi.com/wp-content/uploads/2021/05/louvre.png)
![V&A Dundee, Scotland](https://media.artemundi.com/wp-content/uploads/2021/05/dundee.png)
![Zeitz Museum of Contemporary Art, South Africa](https://media.artemundi.com/wp-content/uploads/2021/05/zeitz.png)
![Institute for Contemporary Art Virginia Commonwealth University, USA](https://media.artemundi.com/wp-content/uploads/2021/05/virgina.png)
![Glenstone Museum, USA](https://media.artemundi.com/wp-content/uploads/2021/05/glenstone.png)
![The Menil Collection Drawing Institute, USA](https://media.artemundi.com/wp-content/uploads/2021/05/the-menil.png)
![Remai Modern, Canada](https://media.artemundi.com/wp-content/uploads/2021/05/remai.png)
![Museum of African Contemporary Art Al Maaden, Morocco](https://media.artemundi.com/wp-content/uploads/2021/05/maaden.png)
![Museum MACAN, Indonesia](https://media.artemundi.com/wp-content/uploads/2021/05/macan.png)
![Mori Building Digital Art Museum, Tokyo](https://media.artemundi.com/wp-content/uploads/2021/05/mori.png)