Recent Trends

Revolver Gallery publishes the Warhol Print Market Report—the most comprehensive analysis of Andy Warhol’s secondary print market available to collectors and investors. Authored by Ron Rivlin, founder of Revolver Gallery and one of the world’s foremost authorities on Warhol’s printed work, these reports track sales volume, average hammer prices, portfolio performance, and long-term appreciation trends across the full spectrum of Warhol’s output. The data and analysis on these pages is drawn directly from those reports, organized by year to give collectors and researchers a clear view of how the market has evolved.

The Warhol print market has consistently outperformed major financial indices over the past two decades. Since 2000, the Warhol Print Market Index — Revolver’s proprietary measure of average print valuations — has delivered a compound annual growth rate of 6.9 percent, compared to 5.9 percent for the Dow Jones Industrial Average. The five highest-volume Warhol print series have performed even more strongly, generating a CAGR of 9.1 percent and a total return of 713 percent over the same period. The pages below translate that long-term performance into year-by-year analysis, series-level rankings, and portfolio data that anyone following the Warhol market will find useful.