The Market's Most Wanted 2023
Untitled No.516 - Signed Print by David Hockney 2016 - MyArtBroker

Untitled No.516
Signed Print

David Hockney

£22,000-£35,000Value
Indicator

$40,000-$70,000 Value Indicator

$40,000-$60,000 Value Indicator

¥200,000-¥310,000 Value Indicator

26,000-40,000 Value Indicator

$220,000-$340,000 Value Indicator

¥4,000,000-¥6,370,000 Value Indicator

$28,000-$45,000 Value Indicator

32% AAGR (5YR)

This estimate blends recent public auction records with our own private sale data and network demand.

There aren’t enough data points on this work for a comprehensive result. Please speak to a specialist by making an enquiry.

Medium: Digital Print

Format: Signed Print

Year: 2016

Size: H 56cm x W 43cm

Edition size: 250

Signed: Yes

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Track auction value trend

David Hockney's "Untitled No.516" is a striking digital print from 2016. This signed artwork is estimated to be valued between £22,000 and £35,000. It has seen significant international interest with sales in the Republic of Korea, the United States, the United Kingdom, and Hong Kong. Over the last five years, the hammer price has varied from a low of £8,000 in January 2020 to a high of £40,320 in September 2022, demonstrating the piece's increasing value. In the last 12 months alone, the average return to the seller has been £23,227 with a total of 5 sales, indicating a robust market for this artwork. Since its first sale in June 2017, "Untitled No.516" has sold 14 times at auction, showcasing an impressive average annual growth rate of 34%. This artwork is part of an edition size of 250, making it a limited and sought-after piece by collectors worldwide.

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Auction Results

Auction DateAuction HouseArtwork
Hammer Price
Return to Seller
Buyer Paid
October 2023Sotheby's New York - United StatesUntitled No.516 - Signed Print
September 2023Phillips London - United KingdomUntitled No.516 - Signed Print
March 2023Christie's London - United KingdomUntitled No.516 - Signed Print
December 2022Bonhams New Bond Street - United KingdomUntitled No.516 - Signed Print
September 2022Sotheby's Online - United KingdomUntitled No.516 - Signed Print
October 2021Bonhams Hong Kong - Hong KongUntitled No.516 - Signed Print
April 2021Bonhams Knightsbridge - United KingdomUntitled No.516 - Signed Print

Meaning & Analysis

Untitled No. 516, executed by David Hockney in 2016 in an edition of 250 depicts a ceramic vase atop a blue chequered table cloth holding an assortment of flowers and ferns. The backdrop is a sketched red cross hatching, adding depth to the print. Hockney began sketching flowers from his bed when he bought his first iPhone in 2009. The energetic and lush quality of the flowers is contrasted by the more spartan backdrop. Throughout his career, owing to his technical curiosity, Hockney has successfully continued to reinvent himself without losing his artistic DNA. Whilst using digital media, Hockney is freed from the limitations of materials, supply and time. The iPad’s backlight allows one to paint at any time, whilst the colour wheel within the application presents an unlimited range of colours. Hockney’s digital works challenge the norms of conventional art and demonstrate the artist’s continuing innovativeness, which has spanned his decades-long career.

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