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:
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Most choice forsaken, and most loved despised,
Thee and thy virtues here I seize upon.”
—William Shakespeare (1564–1616)
“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)