What Really Happens to an Artist’s Market After They Die

Karl Wirsum, a prominent member of the Chicago artistic group The Hairy Who, was successful in life but less so in death.

A color photo shows an older man in a black hat and checkered shirt standing in a gallery in front of a brightly colored painting of two cartoon-style figures on an orange background.

Artists might starve during their lifetimes, but when they shake off this mortal coil, their work becomes more valuable, right? Wrong. Observer digs into why auction prices don’t always rise when an artist dies.

What Really Happens to an Artist’s Market After They Die