Intelligence Squared

Sign up for Intelligence Squared Premium here: https://iq2premium.supercast.com/ for ad-free listening, bonus content, early access and much more. See below for details. Until very recently, female artists have occupied a tiny space of the art market, undervalued and ignored. There are no women in the top 0.03% of the auction market, where 41% of the profit is concentrated. Overall, 96.1% of artworks sold at auction are by male artists. The most expensive work sold by a woman artist at auction, Georgia O’Keeffe’s Jimson Weed/White Flower No. 1, sold in 2014 for $44.4 million—over four hundred million dollars less than the auction record for a male artist: Leonardo Da Vinci’s Salvator Mundi, which sold in 2017 for $450.3 million, shattering the previous record of $179.4 million for a work by Picasso.  Now that’s changing. This year’s Venice Biennale was heavily skewed in favour of women for the first time ever. Historically, about 10% of artists in the main exhibition have tended to be women, rising to 30% in