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
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“One thing that makes art different from life is that in art things have a shape ... it allows us to fix our emotions on events at the moment they occur, it permits a union of heart and mind and tongue and tear.”
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