Public art has an illustrious history that predates even the Renaissance. The evolution of this art form throughout history is truly remarkable, showcasing the transformative power of artistic expression. Keith Haring, the beloved New York artist, embraced this tradition in his own contemporary fashion, particularly with his iconic subway drawings.
Haring, though not exclusively categorised as a street artist, emerged when art in urban environments was gaining significant momentum. His innovative approach and belief in art's accessibility to all made him a true pioneer. His contributions to the world of public art have captivated audiences and continue to inspire with their vibrancy, inclusivity, and enduring legacy.
Download our complete The American Pop Prints Report, which explores the prints and multiples performance of various artists over the past five years leading up to the May Marquee sales of 2023 Quarter 2.
Our value index blends public auction data and private sales data from our collectors network. Our market value index uses artwork & artist data and a Repeat-Sales Regression (RSR) approach. Using the sale price of individual prints to estimate the fluctuations in the value of an average representative print over a unique period of time.
Our algorithm tracks over 48,500 auction histories & our own private sales data across 3,500 artworks spanning 30 years, including signed, unsigned, APs, PPs, TPs and sets of prints & editions.
We use several metrics when comparing artists:
Reviewing the YoY sales turnover of Keith Haring's print market, 2022 stood out as a peak year. The market turnover for Haring in 2022 reached an impressive 4.2 million (£GBP), accompanied by a transaction volume of 133. These figures represent record highs over the past five-year period, resulting in a noteworthy and record annual ASP of 32,000 (£GBP).
While a slight decline in total sales was observed in 2020, Haring’s print market has demonstrated an upward trend. As of 2023, the total sales turnover stands at 978,000 (£GBP) with 39 sales recorded year-to-date (YTD).
Quarter 1 of 2023 showcased a remarkable performance, surpassing the sales turnover of the same quarter in the previous two years and exceeding the transaction volume for the entire five-year period.
The strong investment potential for Haring prints is further heightened by the average selling price CAGR of nearly 15%, which can potentially yield a return of 15,000 (£GBP) over a five-year period.
The appearance of Haring’s most iconic works in the first half of 2023 has contributed to this remarkable market performance. Notably, his coveted Pop Shop series continues to attract significant attention and interest as demonstrated by Phillips latest Prints and Editions June sale. Additionally, the highly anticipated Keith Haring: Art Is For Everyone exhibition at The Broad in Los Angeles, California, will feature an extensive collection of over 120 artworks, which will likely further strengthen the artist’s market presence in 2023. These factors, combined with a significant volume of Haring’s works entering the secondary market, create a fertile ground for potential investment returns.
Request a free and zero-obligation valuation with our team without hesitation. Track your Haring prints & editions with MyPortfolio.