New York Magazine tries to put together a package on the Hirst Spot painting exhibition with a couple of fragmentary charts from Artnet. The first shows tracks Hirst prices v. the contemporary art market. But that chart suggests the Contemporary market had little movement over a period of rapid growth (and it shows the enormous body of Spot paintings tracking at the same rate as the much less valuable and popular Spin paintings:
The subsequent charts show repeat sales for two different spot works. But both rely on transactions that take place early in the Hirst price arc and then at the peak of 2008, the year of the landmark Sotheby’s Beautiful Inside My Head Forever Sale. Since that time, Spot prices have fallen sharply only beginning to recover recently:
Spots and Sharks and Maggots and Money (New York)
