«I LIKE MONEY ON THE WALL»

Andy Warhol is the closest thing the art market has to a commodity investment. He has an iconic and instantly recognizable name and oeuvre, he was prolific in his output, and his works are sold at auction frequently, often at dizzying prices.

Jackie, one of 20,000 works to be sold by the Warhol Foundation. "© The Andy Warhol Foundation for the Visual Arts, Inc. and Andy Warhol artwork © The Andy Warhol Foundation for the Visual Arts, Inc"

According to artprice, he was the world’s third best-selling artist in terms of total auction revenue in 2011, after two Chinese artists, Daqian Zhang and Baishi Qi. Fetching a hammer price of $33 million, his Double Elvis was also thesixth most expensive art work sold at auction in the first half of 2012. Given that the sale prices fetched for many of his silk screens keep going up, he presents a compelling argument for those who see the investment potential in art.

-Forbes september 9 2012