http://artmarketinsider.com/2006/11/pollock-pierces-peak-price/ Your backstage pass to the art world Thu, 24 Jul 2008 10:18:57 +0000 http://wordpress.org/?v=2.0 http://artmarketinsider.com/2006/11/pollock-pierces-peak-price/#comment-16279 Wed, 04 Apr 2007 23:11:09 +0000 http://artmarketinsider.com/2006/11/pollock-pierces-peak-price/#comment-16279 [...] One interesting thing to watch: While public Ab Ex price records currently hover between $20 million and $30 million (for Rothko, de Kooning, Clyfford Still and David Smith), a few private sales have topped $100 million in the last six months: namely a Jackson Pollock and a de Kooning that hedge fund guru Steven Cohen cherry-picked out of David Geffen’s splendiferous collection. I’m curious whether any other big dogs will rise to that aberrational level while trying to prove that they can play in Stevie’s sandbox. Or will the price stay closer to $50 million? After all, a Rockefeller provenance trumps a Geffen provenance…. [...] […] One interesting thing to watch: While public Ab Ex price records currently hover between $20 million and $30 million (for Rothko, de Kooning, Clyfford Still and David Smith), a few private sales have topped $100 million in the last six months: namely a Jackson Pollock and a de Kooning that hedge fund guru Steven Cohen cherry-picked out of David Geffen’s splendiferous collection. I’m curious whether any other big dogs will rise to that aberrational level while trying to prove that they can play in Stevie’s sandbox. Or will the price stay closer to $50 million? After all, a Rockefeller provenance trumps a Geffen provenance…. […]

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