Art Market
As the style of his later works continued to evolve into early 1989, his vintage works drew increasing profits; at Sotheby's auctions Pink Lady (1944) sold for US$3.6 million in 1987 and Interchange (1955) brought $20.6 million in 1989. In November 2006, Kooning's Woman III was sold by David Geffen to Steven A. Cohen for $137.5 million, making it the second most expensive painting ever sold at that time.
Read more about this topic: Willem De Kooning
Famous quotes containing the words art and/or market:
“Fine art, that exists for itself alone, is art in a final state of impotence. If nobody, including the artist, acknowledges art as a means of knowing the world, then art is relegated to a kind of rumpus room of the mind and the irresponsibility of the artist and the irrelevance of art to actual living becomes part and parcel of the practice of art.”
—Angela Carter (1940–1992)
“At market and fair, all folks do declare,
There is none like the Boy that sold Broom, green Broom.”
—Unknown. Broom, Green Broom (l. 23–24)