David Hockney Lucian Freud David Zwirner Jeff Koons London New York reports record art David Hockney Lucian Freud David Zwirner Jeff Koons London New York

What made the recent record-breaking years in the art market the most exciting ever?

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telegraph.co.uk

Brexit, Marian Goodman has closed in London and David Zwirner switched his attention to Paris.A dominant trans-Atlantic axis was visible not just in the auction statistics, which saw London closing the gap on market leaders New York, but in the title of “most expensive living artist” swinging backwards and forwards between the two.

Going into 2010, it was held by Lucian Freud whose Benefits Supervisor Sleeping (1995) sold in 2008 to Roman Abramovich for $33.6m (£17.2m).In 2013 it switched to America, where Jeff Koons’s Balloon Dog (Orange) (1994-200) sculpture sold for $58.4m, then back across the pond in 2018 to David Hockney for his 1972 painting Portrait of an Artist (Pool with Two Figures), which sold for $90.3m.

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