In the first six months of 2017, work by this small group of elite artists sold for a combined $1.2 billion—44.6 percent of the $2.7 billion total generated by all contemporary public auction sales worldwide.We're republishing the chart for two reasons. The first is that the list is inherently of interest. These market share numbers are telling in a market that is governed by power laws. But the second reason is because Artnet's analysis of their own numbers is somewhat at odds with what the charts themselves show. We thought it worth going over the numbers again separately.
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