{"id":649239,"date":"2026-11-03T00:06:14","date_gmt":"2026-11-03T00:06:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/649239\/"},"modified":"2026-11-03T00:06:14","modified_gmt":"2026-11-03T00:06:14","slug":"short-of-space-the-guggenheim-sold-a-kandinsky-for-110000-it-may-fetch-142m-at-auction","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/649239\/","title":{"rendered":"Short of space, the Guggenheim sold a Kandinsky for $110,000. It may fetch $142m at auction"},"content":{"rendered":"<p class=\"[&amp;_em]:font-serif-text-italic [&amp;_cite]:font-serif-text-italic\">At a London auction later that year, the 50 paintings fetched a combined \u00a3536,580, then equivalent to around US$1.5 million. Many of them have since reappeared on the market at significantly higher prices. And now one of the works \u2014 Betonte Ecken, which in 1964 attracted a winning bid of just \u00a322,000 (then around US$62,000, or NZ$961,000 in today\u2019s money) from a New York art dealer \u2014 is returning to auction with an estimate of US$60 million (NZ$107m) to US$80 million ($142.5m).<\/p>\n","protected":false},"excerpt":{"rendered":"At a London auction later that year, the 50 paintings fetched a combined \u00a3536,580, then equivalent to around&hellip;\n","protected":false},"author":2,"featured_media":649240,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[442,498,499,500,501,156,111,139,69],"class_list":["post-649239","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-artsdesign","tag-design","tag-entertainment","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/649239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=649239"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/649239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/649240"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=649239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=649239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=649239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}