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
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“The foundation of empire is art & science. Remove them or degrade them, & the empire is no more. Empire follows art & not vice versa as Englishmen suppose.”
—William Blake (17571827)
“It is a sign of our times, conspicuous to the coarsest observer, that many intelligent and religious persons withdraw themselves from the common labors and competitions of the market and the caucus, and betake themselves to a certain solitary and critical way of living, from which no solid fruit has yet appeared to justify their separation.”
—Ralph Waldo Emerson (18031882)