[The Weekly Art News Fix For Editors, Journalists and Columnists

  On 1 May 2018, the David Zwirner Gallery publicly announced the conclusion of a deal for exclusive representation of the Joan Mitchell Foundation. A first solo exhibition of the artist is scheduled in New York in 2019… but the Market has already reacted to the news.

This week, Artprice takes a look at the evolution of Joan Mitchell's prices since the beginning of the year, and particularly since the announcement.

              +27.7%

  Joan Mitchell's price index has risen 27.7% since January 2018. Over the past fifteen years, the value of her paintings has soared: $100 invested in 2003 is worth an average of $1,000 today.

              $16.6 million

  Joan Mitchell has a new auction record since her Blueberry (1969) fetched $16.6 million on 17 May 2018 at Christie's in New York, largely exceeding the auctioneer's estimate of $5 - 7 million.

              12

  Twelve paintings by Joan Mitchell have been offered at auctions in 2018 and all have found buyers. On the other hand, so far, none of her drawings have been offered this year at auction.