Turkish Fine Art Auction Markets Summary First Half of 2021
|
INDICES |
Index Value |
Change Since End of 2020 (%) |
Average Annual Return Between 2000-2021H1 (%) |
Average Annual Standard Deviation Between 2000-2021H1 |
Average Annual Return Per Unit of Risk Between 2000-2021H1 |
|
TURKISH ART INDEX (TL) |
1060.88 |
37 |
13.690 |
21 |
0.65 |
|
TURKISH ART INDEX (USD) |
84.89 |
23 |
1.700 |
23 |
0.07 |
|
TURKİSH MODERN ART INDEX (TL) |
1406.40 |
42 |
16.600 |
29 |
0.57 |
|
TURKİSH MODERN ART INDEX (USD) |
110.01 |
25 |
4.170 |
29 |
0.15 |
|
TURKİSH CONTEMPORARY ART INDEX (TL) |
2356.37 |
23 |
20.270 |
35 |
0.58 |
|
TURKİSH CONTEMPORARY ART INDEX (USD) |
172.13 |
8 |
5.470 |
26 |
0.21 |
Source: Turkish Art Market Price Indices constructed by Dr. Zafer Ozdem with Artprice Database.
zafer ozdem Turkish Fine Art Markets Indexes: from 2000 to the end of June 2021
|
TURKISH MODERN ART INDEX (TL) |
TURKISH CONTEMPORARY ART INDEX (TL) |
TURKISH ART INDEX (TL) |
|
|
2021 |
1406.40 |
2356.37 |
1060.88 |
|
2020 |
988.10 |
1900.57 |
775.25 |
|
2019 |
1050.53 |
1540.77 |
784.40 |
|
2018 |
1355.93 |
1052.16 |
859.33 |
|
2017 |
1011.89 |
1067.69 |
673.63 |
|
2016 |
1043.26 |
1017.65 |
696.53 |
|
2015 |
1291.81 |
905.98 |
802.31 |
|
2014 |
822.13 |
839.84 |
555.33 |
|
2013 |
863.30 |
918.02 |
589.27 |
|
2012 |
918.01 |
949.63 |
631.85 |
|
2011 |
929.77 |
945.48 |
627.30 |
|
2010 |
845.29 |
892.35 |
575.88 |
|
2009 |
770.45 |
602.47 |
489.06 |
|
2008 |
587.42 |
363.37 |
378.88 |
|
2007 |
364.57 |
375.08 |
263.62 |
|
2006 |
305.38 |
339.02 |
237.48 |
|
2005 |
275.50 |
243.56 |
250.59 |
|
2004 |
167.94 |
299.16 |
167.11 |
|
2003 |
180.45 |
184.10 |
152.24 |
|
2002 |
176.17 |
210.00 |
161.64 |
|
2001 |
100.20 |
230.39 |
108.17 |
|
2000 |
100.00 |
100.00 |
100.00 |
Source: Turkish Art Market Price Indices constructed by Dr. Zafer Ozdem with Artprice Database
by Dr. Zafer Ozdem
The Highest Price Increase of the Artists at Auction Market in the First Half of 2021
|
Change (%) |
|
|
Mubin Orhon |
128.86 |
|
Haluk Akakçe |
91.92 |
|
Erol Akyavaş |
83.74 |
|
Yiğit Yazıcı |
83.12 |
|
Nuri iyem |
73.38 |
|
Selma Gürbüz |
62.22 |
|
Komet (Coşkun Gürkan) |
64.63 |
|
Ferruh Başağa |
54.05 |
|
Alaettin Aksoy |
48.60 |
|
Devrim Erbil |
47.14 |
|
Kezban Arca Batıbeki |
46.28 |
|
Mustafa Ata |
40.88 |
|
Adnan Çoker |
36.62 |
|
Nejad Devrim |
33.96 |
|
Kemal Önsoy |
32.24 |
|
Nuri Abaç |
22.95 |
|
Ahmet Oran |
21.27 |
|
Ahmet Güneştekin |
20.93 |
|
Ekrem Yalçındağ |
20.71 |
|
Ergin İnan |
18.74 |
|
Burcu Perçin |
15.00 |
|
Zekai Ormancı |
13.09 |
|
Ömer Uluç |
9.01 |
|
Mehmet Güleryüz |
8.53 |
|
Avni Arbaş |
7.70 |
|
Abidin Dino |
-11.37 |
|
Balkan Naci İslimyeli |
-20.27 |
|
Burhan Doğançay |
-31.22 |
|
Güngör Taner |
-45.27 |
by Dr. Zafer Ozdem
The Most İn-Demand Artists at Auctions in the First 6 Months 2021
|
Sales In Value (TL) |
Sales In Numbers |
Unsold Lot In Value (TL) |
Unsold Lot In Numbers |
Unsold Rate in Value |
Unsold Rate In Numbers |
|
|
Bedri Rahmi |
5331.800 |
398 |
210.500 |
25 |
0.04 |
0.06 |
|
Ergin Inan |
5179.700 |
233 |
674.600 |
78 |
0.13 |
0.33 |
|
Devrim Erbil |
4725.300 |
365 |
234.100 |
57 |
0.05 |
0.16 |
|
Burhan Doğançay |
4508.000 |
123 |
324.750 |
13 |
0.07 |
0.11 |
|
Haluk Akakçe |
3666.400 |
86 |
181.000 |
4 |
0.05 |
0.05 |
|
Fikret Mualla |
3628.400 |
67 |
167.000 |
5 |
0.05 |
0.07 |
|
Ömer Uluç |
3435.200 |
40 |
310.500 |
5 |
0.09 |
0.13 |
|
Nuri İyem |
3365.750 |
32 |
165.000 |
2 |
0.05 |
0.06 |
|
Mehmet Gün |
2867.400 |
133 |
147.000 |
15 |
0.05 |
0.11 |
|
Komet |
2549.150 |
97 |
258.500 |
9 |
0.10 |
0.09 |
|
Kemal Onsoy |
2545.400 |
60 |
200.000 |
2 |
0.08 |
0.03 |
|
Selma Gürbüz |
2531.60 |
33 |
- |
- |
- |
- |
|
Ahmet Oran |
2236.50 |
62 |
94.00 |
2 |
0.04 |
0.03 |
|
Ekrem Yalçındağ |
1990.500 |
60 |
28.000 |
1 |
0.01 |
0.02 |
|
Avni Arbaş |
1777.70 |
160 |
459.00 |
17 |
0.26 |
0.11 |
|
Mustafa Ata |
1756.400 |
30 |
- |
- |
- |
- |
|
Ahmet Güneştekin |
1694.50 |
20 |
260.00 |
3 |
0.15 |
0.15 |
|
Mehmet Güleryüz |
1680.80 |
31 |
61.500 |
5 |
0.04 |
0.16 |
|
Selim Turan |
1608.80 |
128 |
231.000 |
19 |
0.14 |
0.15 |
|
Fahrelnisa Zeid |
1390.25 |
51 |
466.500 |
5 |
0.34 |
0.10 |
|
Erol Akyavaş |
1387.800 |
23 |
286.500 |
11 |
0.21 |
0.48 |
by Dr. Zafer Ozdem
In Highest Demand Artists at Auctions in First 6 Months 2021
|
Average Bids Number Per Artwork of Bidders |
|
|
Abidin Dino |
39 |
|
Fahrelnisa Zeid |
36 |
|
Fikret Mualla |
32 |
|
Mustafa Ata |
31 |
|
Bedri Rahmi |
27 |
|
Selim Turan |
25 |
|
Mehmet Gün |
24 |
|
Ekrem Yalçındağ |
23 |
|
Kemal Onsoy |
21 |
|
Ergin Inan |
19 |
|
Burhan Doğançay |
19 |
|
Komet |
18 |
|
Erol Akyavaş |
18 |
|
Haluk Akakçe |
16 |
|
Ömer Uluç |
16 |
|
Selma Gürbüz |
16 |
|
Mehmet Güleryüz |
16 |
|
Avni Arbaş |
15 |
|
Devrim Erbil |
13 |
|
Nuri İyem |
13 |
by Dr. Zafer
İn the highest price (TL) per square of Contemporary & Modern artists end of June 2021
|
Nuri iyem |
44.68 |
|
Erol Akyavaş |
38.75 |
|
Nejad Devrim |
38.18 |
|
Alaettin Aksoy |
29.72 |
|
Mehmet Güleryüz |
28.62 |
|
Burhan Doğançay |
20.53 |
|
Nuri Abaç |
20.20 |
|
Avni Arbaş |
15.94 |
|
Komet (Coşkun Gürkan) |
15.87 |
|
Mubin Orhon |
14.67 |
|
Ömer Uluç |
12.34 |
|
Adnan Çoker |
11.08 |
|
Ferruh Başağa |
10.66 |
|
Abidin Dino |
9.82 |
|
Selma Gürbüz |
9.49 |
|
Ahmet Güneştekin |
8.03 |
|
Devrim Erbil |
7.21 |
|
Ergin İnan |
6.59 |
|
Kemal Önsoy |
6.03 |
|
Mustafa Ata |
4.79 |
|
Haluk Akakçe |
3.80 |
|
Balkan Naci İslimyeli |
2.99 |
|
Ahmet Oran |
2.68 |
|
Güngör Taner |
2.20 |
|
Zekai Ormancı |
2.16 |
|
Kezban Arca Batıbeki |
1.77 |
|
Ekrem Yalçındağ |
1.69 |
|
Yiğit Yazıcı |
0.96 |
|
Burcu Perçin |
0.69 |
by Dr. Zafer Ozdem
The Highest Price Increase of Artists at Auction Market From Base Years of Each Artists in Means
From First Record in Secondary Art Market to the End of June 2021
|
Between Base Year-to end of |
Index Value |
|
|
Nuri Abaç |
2000-2021H1 |
5459.46 |
|
Ferruh Başağa |
2003-2021H1 |
4634.78 |
|
Mehmet Güleryüz |
2003-2021H1 |
4336.36 |
|
Neşet Günal |
2000-2018 |
4226.77 |
|
Neşe Erdok |
2006-2020 |
3183.87 |
|
Alaettin Aksoy |
2001-2021H1 |
3095.83 |
|
Ömer Uluç |
2002-2021H1 |
2869.77 |
|
Ahmet Güneştekin |
2007-2021H1 |
2509.38 |
|
Nuri iyem |
2000-2021H1 |
2402.15 |
|
Nejad Devrim |
2003-2021 |
2259.17 |
|
Mustafa Ata |
2002-2021H1 |
2082.61 |
|
Yiğit Yazıcı |
2003-2021H1 |
1950.03 |
|
Devrim Erbil |
2000-2021H1 |
1948.65 |
|
Canan Tolon |
2006-2020 |
1609.38 |
|
Mubin Orhon |
2004-2021H1 |
1577.42 |
|
Ergin İnan |
2001-2021H1 |
1569.05 |
|
Komet (Coşkun Gürkan) |
2001-2021H1 |
1483.18 |
|
Erol Akyavaş |
2003-2021H1 |
1403.99 |
|
Fahrelnisa Zeid |
2003-2019 |
1380.89 |
|
Avni Arbaş |
2000-2021H1 |
1362.39 |
|
Zekai Ormancı |
2002-2021H1 |
1028.57 |
|
Burhan Doğançay |
2003-2021H1 |
1006.37 |
|
Adnan Çoker |
2004-2021H1 |
955.17 |
|
Selim Turan |
2000-2019 |
881.33 |
|
Kemal Önsoy |
2006-2021H1 |
861.43 |
|
Abidin Dino |
2001-2021H1 |
825.21 |
|
Balkan Naci İslimyeli |
2003-2021H1 |
598.00 |
|
Nedim Günsur |
2009-2019 |
524.27 |
|
Ebru Uygun |
2007-2020 |
523.53 |
|
Ahmet Oran |
2008-2021H1 |
487.27 |
|
Burcu Perçin |
2008-2021H1 |
328.57 |
|
Bedri Baykam |
2003-2019 |
309.38 |
|
Kezban Arca Batıbeki |
2006-2021H1 |
295.00 |
|
Selma Gürbüz |
2009-2021H1 |
279.12 |
|
Haluk Akakçe |
2009-2021H1 |
231.71 |
|
Güngör Taner |
2006-2021H1 |
178.86 |
|
Ekrem Yalçındağ |
2007-2021H1 |
157.94 |
by Dr. Zafer Ozdem
The Highest Average Annual Return of Artists in Terms Of Investment
|
Between Base Year-to the end of |
Average Annual Return (%) |
|
|
Alaettin Aksoy |
2001-2021H1 |
52.18 |
|
Neşet Günal |
2000-2018 |
51.32 |
|
Mubin Orhon |
2004-2021H1 |
48.15 |
|
Ahmet Güneştekin |
2007-2021H1 |
38.06 |
|
Mehmet Güleryüz |
2003-2021H1 |
31.91 |
|
Nedim Günsur |
2009-2019 |
30.15 |
|
Fahrelnisa Zeid |
2003-2019 |
29.36 |
|
Canan Tolon |
2006-2020 |
28.31 |
|
Nuri Abaç |
2000-2021H1 |
27.00 |
|
Ömer Uluç |
2002-2021H1 |
26.97 |
|
Balkan Naci İslimyeli |
2003-2021H1 |
26.54 |
|
Selim Turan |
2000-2019 |
26.17 |
|
Ergin İnan |
2001-2021H1 |
25.91 |
|
Ebru Uygun |
2007-2020 |
25.68 |
|
Ferruh Başağa |
2003-2021H1 |
24.83 |
|
Avni Arbaş |
2000-2021H1 |
24.70 |
|
Devrim Erbil |
2000-2021H1 |
24.56 |
|
Neşe Erdok |
2006-2020 |
23.81 |
|
Abidin Dino |
2001-2021H1 |
23.43 |
|
Yiğit Yazıcı |
2003-2021H1 |
23.17 |
|
Burhan Doğançay |
2003-2021H1 |
22.42 |
|
Nejad Devrim |
2003-2021 |
20.23 |
|
Mustafa Ata |
2002-2021H1 |
19.81 |
|
Zekai Ormancı |
2002-2021H1 |
19.58 |
|
Kemal Önsoy |
2006-2021H1 |
17.94 |
|
Erol Akyavaş |
2003-2021H1 |
16.82 |
|
Komet (Coşkun Gürkan) |
2001-2021H1 |
16.73 |
|
Nuri iyem |
2000-2021H1 |
16.36 |
|
Ahmet Oran |
2008-2021H1 |
16.06 |
|
Adnan Çoker |
2004-2021H1 |
15.76 |
|
Bedri Baykam |
2003-2019 |
14.76 |
|
Burcu Perçin |
2008-2021H1 |
13.69 |
|
Güngör Taner |
2006-2021H1 |
13.26 |
|
Kezban Arca Batıbeki |
2006-2021H1 |
10.35 |
|
Selma Gürbüz |
2009-2021H1 |
7.69 |
|
Haluk Akakçe |
2009-2021H1 |
7.03 |
|
Ekrem Yalçındağ |
2007-2021H1 |
4.32 |
by Dr. Zafer Ozdem
