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:

    In one sense it is evident that the art of kingship does include the art of lawmaking. But the political ideal is not full authority for laws but rather full authority for a man who understands the art of kingship and has kingly ability.
    Plato (428–348 B.C.)

    To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.
    Elizabeth Cady Stanton (1815–1902)