There’s no direct link between museum show popularity and artist’s prices. Many artist’s markets grow in anticipation of major museum shows as there’s a run-up in buying (and selling) activity in advance of what many hope might be a “breakthrough”show. The Museum of Modern Art of the City of Paris just closed a four-month show of 25o Keith Haring works that drew an impressive 302,000 visitors. Not only was that figure well ahead of the anticipated 230,000 number but it also came close to the Jean-Michel Basquiat attendance figures of that artist’s Fall 2010 show which came in at 350,000 visitors.
Basquiat’s market went on a tear in the period following, not because of the show but because of the interest in the artist that made the show possible in the first place. Many collectors view the Haring market as undervalued.
Keith Haring Drew 302,000 Visitors (Le Figaro)