“Being good in business is the most fascinating kind of art.
Making money is art, and working is art,
and good business is the best art.”
REVOLVER Gallery in West Hollywood just released its 2019 Andy Warhol Market Report (AWMR). The 32-page report offers a rich insight into Warhol and his place in the current art-market economy.
REVOLVER’s report: By understanding the Warhol market in the context of the contemporary art economy, and by investing in that market, we explore the duality between art and commerce that characterized Warhol’s career, and we subscribe to the mythos of the “business artist” that he created around himself.
Sharing our Warhol knowledge with clients and the public has been an integral part of Revolver Gallery’s business model since our inception. Since we first opened in 2013, we have curated numerous high-profile exhibitions, hosted academic lectures, and fostered educational initiatives in the public sphere, all while offering to clients our expertise and advice on buying and selling Warhol artwork.
REVOLVER Gallery in Los Angeles delivers a one-artist program. The gallery focuses on the life and work of Andy Warhol. Revolver has over 200 original prints and paintings in its collection, the largest gallery-owned Warhol collection worldwide. Revolver contextualizes the artist’s body of work and historical significance through outreach, strategic partnerships with leading institutions, and curating international Warhol exhibitions.
Revolver’s research is meticulous throughout the report. Among its other studies, the report— produced in collaboration with ArtNet Analytics—compares the performance of the Warhol Prints and Multiples Index to the Dow Jones, NASDAQ, and S&P over the
same period. Their calculation accounts for both the number of sales within a year, as well as the price of each sale. For example, there was nearly the same number of public sales in 2007 (1,102) as there was in 2018 (1,064); the spike in the index in 2018 versus 2007 is due to the increased adjusted average sales price.
Learn more at Revolver Gallery.