Art Market Prices
Emin's auction record, set at Christie's, London, in December 2010, is £130,000 (hammer price), paid for her 2004 appliqué blanket It's The Way We Think. Only one other of her works has ever fetched more than £100,000, the red neon light installation I promise to love you, which fetched £102,040 (US$200,000) at Sotheby's, New York, in February 2008.
Read more about this topic: Tracey Emin
Famous quotes containing the words art, market and/or prices:
“There is in fact no such thing as art for art’s sake, art that stands above classes, art that is detached from or independent of politics. Proletarian literature and art are part of the whole proletarian revolutionary cause.”
—Mao Zedong (1893–1976)
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
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“The earth only has so much bounty to offer and inventing ever larger and more notional prices for that bounty does not change its real value.”
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