Duchamp bicycle wheel dating change in dating patterns

The buyer, contemporary art collector Dimitri Daskalopoulos, said he bought it because it represented "the beginning of contemporary art".

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Thereafter, he returned to making art only sporadically.

The readymade, he said later, "is the most important single idea to come out of my work".

But, as works by some of these artists now sell routinely for hundreds of thousands if not millions of dollars, why not Duchamp's too?

The answer is that they are beginning to, although they are not Duchamp's original readymades - these are either in museums or have been lost or destroyed.

I enjoyed looking at it just as I enjoy looking at the flames dancing in a fireplace.

It was like having a fireplace in my studio, the movement of the wheel reminded me of the movement of the flames.Michael Lloyd & Michael Desmond European and American Paintings and Sculptures 1870-1970 in the Australian National Gallery 1992 p.114.A BICYCLE wheel placed on a kitchen stool is estimated to sell for up to million in a contemporary art sale at Phillips, de Pury and Luxembourg in New York on May 13.The example in the Gallery's collection is from an edition of eight produced by Galleria Schwarz, Milan, in 1964 with Duchamp's agreement.Two further examples from this edition were reserved for Duchamp and Arturo Schwarz, with a final example being presented to the Philadelphia Museum of Art.Schwartz sold it recently to a Swiss foundation and Phillips has guaranteed the foundation a fixed sum whether the works sell or not.

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