Cindy Sherman - Art Market

Art Market

Sherman’s early photos come in editions of ten. Among the Film Stills, which come in three sizes, Untitled #13 (1978), Untitled #21 (1978), and Untitled #48 (1979) are regarded the most sought after. In 1981, when Metro Pictures first exhibited 12 Centerfolds (only 12 prints in editions of 10 were produced), each was priced at $1,000; prices have since developed rapidly. Starting with the Fairy Tales, Sherman began printing her color works in editions of six, with few exceptions.

Sherman’s annual auction revenue between 2000 and 2006 had remained mostly in the range of $1.5 million to $2.8 million and then jumped in 2007 to $8.9 million. In 2010, Sherman’s nearly six foot tall chromogenic color print Untitled #153 (1985), featuring the artist as a mudcaked corpse, was sold by Phillips de Pury & Company for a record $2.7 million, near the $3 million high estimate. In 2011, a print of Untitled #96, which depicts Sherman as a lovelorn woman clutching a personal ad while lying on a kitchen floor, fetched $3.89 million dollars at Christie's, making it the most expensive photograph at that time. It was a part of an edition of 10 from 1981.

Sherman has stayed with her original dealers Metro Pictures, the New York gallery that presented her first solo show in 1979, and Sprüth Magers, which has represented her in Europe since 1984. In addition, she sometimes has shown work with Gagosian Gallery in Los Angeles, Rome, and Paris.

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