Art: Prices Going Up

The market for modern art is booming as never before. Some startling particulars of the boom were ticked off this week by Collector-Critic James Thrall Soby, writing in the Saturday Review: "If the prices for Matisse, Picasso, Rouault and Bonnard have tripled or quadrupled since the war, those of some of their less overwhelming colleagues have soared in far greater proportion ... A Kandinsky costing less than $1,000 in 1930 would now fetch about $8,000; a Mondrian actually bought by an American museum 20 years ago for $400 would be almost $10,000 today . . . Paul Klees, which used to...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!