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:
“The wealthy are always surrounded by hangers-on; science and art are as well.”
—Anton Pavlovich Chekhov (1860–1904)
“Forbede us thing, and that desiren we;
Preesse on us faste, and thanne wol we flee.
With daunger oute we al oure chaffare:
Greet prees at market maketh dere ware,
And too greet chepe is holden at litel pris.”
—Geoffrey Chaucer (1340?–1400)