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:
“Art for art’s sake, with no purpose, for any purpose perverts art. But art achieves a purpose which is not its own.”
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