Art Market
By the end of his career, Moore was the world's most successful living artist at auction. In 1982, four years before his death, Sotheby's in New York sold a 6 ft Reclining Figure (1945), for $1.2 million to collector Wendell Cherry. Although a first record of $4.1 million was set in 1990, Moore's market slumped during the recession that followed. His eight-foot bronze, Reclining Figure: Festival (1951) sold for a record £19.1 million at Christie's, making him the second most expensive 20th century British artist after Francis Bacon.
Read more about this topic: Henry Moore
Famous quotes containing the words art and/or market:
“True works of art contain their own theory and give us the measurement according to which we should judge them.”
—Johann Wolfgang Von Goethe (1749–1832)
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)