Franz Kline - Art Market

Art Market

In 2012, San Francisco financier George R. Roberts sold a nearly ten-foot wide, untitled black-and-white work from 1957 at Christie's, New York; the painting went to a telephone bidder for $36 million, or $40.4 million with fees (Christie’s guaranteed the seller Robert Mnuchin an undisclosed minimum), a record price for the artist at auction and more than six times the previous record, which was set in 2005 when Christie’s sold Crow Dancer (1958) for $6.4 million. Kline has no catalogue raisonné. As a consequence, the trade in Kline forgeries is extensive, and there have been a lot of Klines offered by major auction houses that are considered questionable by art historians.

Read more about this topic:  Franz Kline

Famous quotes containing the words art and/or market:

    O Rose, thou art sick!
    The invisible worm
    That flies in the night,
    In the howling storm,
    Has found out thy bed
    Of crimson joy:
    And his dark secret love
    Does thy life destroy.
    William Blake (1757–1827)

    A sentimentalist, my dear Darlington, is a man who sees an absurd value in everything, and doesn’t know the market price of any single thing.
    Oscar Wilde (1854–1900)