Arshile Gorky’s Study for Agony I (1946-45), sold for $2,210,500 by Kathy Fuld at Christie’s New York on Nov. 12, 2008 (and reportedly bought by dealer Matthew Marks)
Exhibit A: The biggest issue facing the art business is that no one knows what anything is worth. Yet everyone I talk to seems to know exactly what their property is worth -- it’s still worth what it was before the crash!
