Art: Japan's Picture Boom

"We couldn't have gotten a better price," said Director Thomas P. Moving, struggling to defend the clandestine sale of the Metropolitan Museum's major Rousseau, The Tropics, which—together with a Van Gogh—went out the back door to a dealer for a rumored total of $1.5 million. He might have tried Japan first. Last week Tokyo Art Dealer Tokushichi Hasegawa took delivery of the Rousseau, which he had bought from Marlborough Fine Art in London and resold to an Osaka businessman (anonymous, for "tax reasons") for $2,000,000. Said Hasegawa who, at 33, is vice president...

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

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