Art Market
As the style of his later works continued to evolve into early 1989, his vintage works drew increasing profits; at Sotheby's auctions Pink Lady (1944) sold for US$3.6 million in 1987 and Interchange (1955) brought $20.6 million in 1989. In November 2006, Kooning's Woman III was sold by David Geffen to Steven A. Cohen for $137.5 million, making it the second most expensive painting ever sold at that time.
Read more about this topic: Willem De Kooning
Famous quotes containing the words art and/or market:
“Politics has been called the “art of the possible,” and it actually is a realm akin to art insofar as, like art, it occupies a creatively mediating position between spirit and life, the idea and reality.”
—Thomas Mann (1875–1955)
“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 (1803–1882)