People: May 23, 1983

At Christie's in New York City last week, the house applauded enthusiastically as the gavel went down on Abstract Expressionist Willem de Kooning's Two Women. Reason: a price of $1.2 million, the most money paid for a work by a living artist. (The previous record for a De Kooning was a scant $242,000.) "The art market looks alive and well and living in New York," said Art Dealer Allan Stone, who bid on the work for an anonymous collector. The artist, who is alive and well and living on Long Island, got no share...

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