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...block. The creative heyday of the movement is over; the question was, how much of it survives in cash values Of 20 paintings, 13 belonged to Robert C. Scull a New York taxicab-fleet owner who has embraced pop art. His purpose m selling was to bankroll his new foundaion to support younger artists with-dealers. "Let the oldtimers pay for tomorrow," he said. They did. Top price -$37,000-was for Willem de Kooning's 1955 Police Gazette; Barnett Newman's Tundra, consisting of a red horizontal stripe on an orange ground, went...

Author: /time Magazine | Title: The Market: The $4,000,000 Auction | 10/22/1965 | See Source »

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