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Warhol IS the Art Market [UPDATED]

Andy Warhol was 17% of the Contemporary auction market in 2010, and 12% of the 2000-2010 total.less than a minute ago [http://twitter.com/felixsalmon/statuses/58196925094178816] via web [http://si0.twimg.com/images/dev/cms/intents/icons/favorite.png] Favorite [http://twitter.com/intent/favorite?twee

Hrag Vartanian

April 13, 2011

Andy Warhol was 17% of the Contemporary auction market in 2010, and 12% of the 2000-2010 total.

— Felix Salmon (@felixsalmon) April 13, 2011

This is the most incredible jaw-dropping statistic. When we reached out to Reuters financial blogger Felix Salmon, he explained that the stat comes from an ArtTactic report titled “Andy Warhol: The Art Market Zeitgeist.”

UPDATE: More from Felix Salmon on Warhol and the art market.

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