Art Market
In 2009, the Gagosian Gallery was selected to represent the estate of Rauschenberg; his work had previously been handled by Pace Gallery for more than 15 years. In 2010 Studio Painting (1960‑61), one of Rauschenberg's "Combines", originally estimated at $6 million to $9 million, was bought from the collection of Michael Crichton for $11 million at Christie's, New York.
Read more about this topic: Robert Rauschenberg
Famous quotes containing the words art and/or market:
“In truth, the legitimate contention is, not of one age or school of literary art against another, but of all successive schools alike, against the stupidity which is dead to the substance, and the vulgarity which is dead to form.”
—Walter Pater (1839–1894)
“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.””
—John Michael Hayes (b. 1919)