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:
“To thee, fair Freedom! I retire
From flattery, cards, and dice, and din:
Nor art thou found in mansions higher
Than the low cot, or humble inn.
‘Tis here with boundless pow’r I reign;
And ev’ry health which I begin
Converts dull port to bright champagne;
Such Freedom crowns it, at an inn.”
—William Shenstone (1714–1763)
“The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.”
—Mikhail Gorbachev (b. 1931)