Original Art Oil on Canvas & Gouache

Top Art Auctions of 2012

Added on by Ted Easler.

The year is coming to a close...What were the top auctioned off pieces of art in 2012?

Even with a volatile global economy, people paid a total of $594.6 million for the top 10 pieces of art in 2012, up 44% over the $413.6 million in 2011.  

Here's a look at some interesting works of art from that list:

Edvard Munch:  "The Scream"

Edvard Munch:  "The Scream"

1.  Edvard Munch's "The Scream" sold for $119.9 million at Sothebuy's on 5/2/12.  This is the all time highest amount paid for a work of art at auction, beating out the $106.50 million paid in 5/2010 for one of Pablo Picasso's paintings.

The picture was consigned by Norwegian businessman Petter Olsen, whose father, Thomas, was a friend, neighbor and patron of the artist. It was bought by Apollo Global Management co- founder Leon Black, according to the Wall Street Journal. Black is also a trustee of the Museum of Modern Art, where “The Scream” is on view until April 29, 2013.

2.  Mark Rothko's "Orange, Red & Yellow:  $86.9 million at Christie's auction.  This was more than another Rothko that sold for $72.8 million in 2007.  

3.  Rothko also takes spot #3 for "No.1 (Royal Red & Blue) for $75.1 on 11/13/12 also sold at Christie's.  Interesting that it was sold in 1982 for $500,000.  

6.  Roy Lichenstein's "Sleeping Girl" sold for $44.9 million at Sotheby's in New York City on 5/9/12.  

8.  Andy Warhol's 1962 work "Statue of Liberty" sold for $43.8 million at Christie's on 11/14/12.  Designed to be viewed through 3-D glasses.  

9.  Claude Monet's painting of water lilies sold for $43.8 million dollars on 11/5/12.  Orginallly painted in 1905.

Roy Lichenstein:  "Sleeping Girl"

Roy Lichenstein:  "Sleeping Girl"

10.  Pablo Picasso's "Nature Morte aux Tulipes" was painted in 1932 and sold on 11/8/12 for $41.5 million.  

Andy Warhol:  "Statue of Liberty"

Andy Warhol:  "Statue of Liberty"