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<p>[QUOTE="Pat P, post: 597898, member: 201"]It doesn't surprise me that you don't see auction results.</p><p><br /></p><p>My uncle's work has been held and exhibited by at least a dozen museums and galleries in the U.S., including the Museum of Modern Art and the Whitney Museum, and one piece is currently in the U.S. National Gallery of Art. But there are no auction results available for him since while he was alive he mostly held onto his work other than to lend it out for exhibits. After he died, my cousin was told by auction houses that since there were no prior auction results, they couldn't take his work. My understanding is that's common today, which I assume is because they can't estimate value without a known history to use as a base.</p><p><br /></p><p>So apparently it's a vicious circle... you need prior auction results to sell at auction, but you can't sell at auction unless there are prior auction results. <img src="styles/default/xenforo/smilies/rolleyes.png" class="mceSmilie" alt=":rolleyes:" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Pat P, post: 597898, member: 201"]It doesn't surprise me that you don't see auction results. My uncle's work has been held and exhibited by at least a dozen museums and galleries in the U.S., including the Museum of Modern Art and the Whitney Museum, and one piece is currently in the U.S. National Gallery of Art. But there are no auction results available for him since while he was alive he mostly held onto his work other than to lend it out for exhibits. After he died, my cousin was told by auction houses that since there were no prior auction results, they couldn't take his work. My understanding is that's common today, which I assume is because they can't estimate value without a known history to use as a base. So apparently it's a vicious circle... you need prior auction results to sell at auction, but you can't sell at auction unless there are prior auction results. :rolleyes:[/QUOTE]
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