Info

Skate Press actively makes use of analogue valuations based on Skate's Masterpieces Peer Group when working with large private banks and their customers. Standing alone, the rating of the world's 1000 most expensive artworks paints an interesting and intriguing picture of the world of art finance. The entire database is free but available only for registered users. Please use our registration form to apply for full access to Skate's Top 1000. Without registration you still can see Skate's Top 1000 rating with no detailed information for each entry. We also developed a special tool to help you create customized masterpieces peer group based on Skate's Top 1000 rating. Please note that until registration you will be able to use Peer Group Maker only on a limited number of fields of our database. Skate's Top Artists rating covers the artists whose artworks are included in Skate's Top 1000. Detailed information about each artist and his/her entries in Skate's Top 1000 is also available only upon registration. Skate's Masterpieces Peer Group also permits us to measure effective investment returns on the world's most significant art. An index of repeat sales designed by Skate Press tracks transactions for all of the artworks included in Skate's Masterpieces Peer Group that have subsequently been returned to the market, potentially several times. Currently, there have been only 108 repeat sales in Skate's Masterpieces Peer Group (based on data covering the period since January 1, 1985). In other words, only 10.8% of the world's most valuable artworks were sold more than once on the public market during the last 21 years. Given that repeat sales create at least two price data points on a timeline, information on them allows us to extract valuable information on actual (effective) rates of return achieved by art investors on the basis of completed transactions. Skate Press uses the Annualized Effective Rate of Return (ERR) as the metric of actual investment returns on art investments. The ERR reflects actual returns achieved from investment in art assets - net commissions paid to auction houses - before net VAT adjustments, personal taxes and ownership costs, with all values calculated in nominal rates and not adjusted to inflation. Based on Skate's Repeat Sales list, we have calculated the weighted average ERR for the world's most significant art by period. The following datasets are also available for your view: