AsiaNet 93366

PARIS, Nov. 30, 2021 /PRNewswire=KYODO JBN/ --

Despite the big result for an exceptional (and relatively small) painting by

Frida Kahlo, the Mexican artist was still only 18th in Artprice's ranking of

artists by auction turnover for the month of November 2021, behind 17 male

artists. And while this trend was completely reversed for the generation of

artists born after 1985 (the 8 top-selling signatures were all young women!),

we ask: what is the gender parity situation on the NFT market?

thierry Ehrmann, CEO and Founder of Artmarket.com and its Artprice department:

"The creation of the NFTs market should be an opportunity to achieve some sort

of gender parity on the art market. The technology is revolutionizing an entire

industry, as shown by Art Basel Miami Beach which opens its doors this year to

Tezos ("home to one of the fastest growing NFT artist communities") and Scope

Miami which has decided to issue its VIP invitations in the form of

non-fungible tokens".

"World of Women"

It's only a few years since NFTs first appeared on the web, and only a few

months since the general public discovered non-fungible digital tokens; but

some have already commented the lack of a female presence in this new world.

Several projects have nevertheless been developed to try to correct this

imbalance, starting with a collection of exclusively female PFPs (profile

pictures) by World of Women: https://opensea.io/collection/world-of-women-nft

"World of Women was created to bring more diversity and inclusiveness to the

NFT space while bridging the gap between collectibles and single edition art

worlds".

Considering the traditional art market's long-standing gender disparity, fears

of a male-dominated digital world seem perfectly rational. New York's prestige

sales in November – driven by the Macklowe Collection at Sotheby's and the Cox

Collection at Christie's – were once again dominated by the likes of Warhol,

Van Gogh, Picasso, Monet, Twombly, Rothko, Giacometti, Richter, etc.

But things are changing...

Frida Kahlo was the top-selling female artist at the November auctions this

year, but she was behind eighteen men. A study published by Ken Bromley Art

Supplies in 2020 revealed that the Mexican painter ranked second among the

world's most searched artists on Google (first in 29 countries) behind Leonardo

Da Vinci.

Diego y yo (1949) is one of the most important paintings by Frida Kahlo that

doesn't belong to a museum. On 16 November 2021 it fetched $34 million at

Sotheby's, 22 times its previous value in 1990. Although it was a very

impressive result for the Mexican artist, Frida Kahlo is still not competing

with Andy Warhol, whose signature generated $165 million at the November 2021

prestige auctions.

Top 10 female artists at auction in November 2021

Global ranking – Artist – Auction Turnover

18th – Frida KAHLO (1907-1954):                 $34,883,000

28th – Agnes MARTIN (1912-2004):                $21,765,500

30th – Cecily BROWN (1969- ):                   $20,706,150

32nd –  Joan MITCHELL (1926-1992):              $20,053,500

41st – Georgia O'KEEFFE (1887-1986):            $14,561,300

52nd – Yayoi KUSAMA (1929-):                     $9,198,600

53rd  – Lee BONTECOU (1931-):                    $9,176,500

58th – Helen FRANKENTHALER (1928-2011):              $8,177,100

59th – Cindy SHERMAN (1954-):                    $8,162,100

62nd – Tamara DE LEMPICKA (1898-1980):           $7,896,300

Over the past decade, female artists under 40 have nevertheless established

themselves as the most successful artists of their generation on the auction

market. In 2013 - 2014, collectors became enamoured with the work of Tauba

Auerbach (1981) represented by the Paula Cooper gallery. This trend has

gradually intensified to the point where the turnover ranking of artists born

after 1985 (for November 2021) is heavily dominated by female painters.

Top 10 artists born after 1985 at auction in November 2021

Global ranking – Artist – Auction turnover

1st –  Avery SINGER (1987-):                $4,638,900

2nd – Toyin Ojih ODUTOLA (1985-):           $2,235,900

3rd – Flora YUKHNOVICH (1990 -):            $1,951,100

4th – Jadé FADOJUTIMI (1993-):              $1,053,400

5th – Christina QUARLES (1985-):              $948,000

6th – Jordan CASTEEL (1989-):                 $806,500

7th – Issy WOOD (1993-):                      $768,750

8th – Allison ZUCKERMAN (1990-):              $636,600

9th – Ismail ISSHAQ (1989-):                  $589,300

10th – Oscar MURILLO (1986-):                 $432,900

Image :

[https://imgpublic.artprice.com/img/wp/sites/11/2021/11/image1-Frida-KAHLO.jpg]

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Artmarket is a global player in the Art Market with, among other structures,

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