From: Karyna Shuliak < > Sent: Saturday, July 29, 2017 1:30 PM To: Subject: Why Pay $15 Million for a White Canvas? - Bloomberg https://www.bloomberg.com/view/articles/2014-11-14/why-pay-15-m=llion-for-a-white-canvas Why Pay $15 Million for a White Canvas? A canvas by Robert Ryman fetched $15 million =t auction this week, creating a milestone in the history of =hite- on-white painting. More stories by Leonid BershidskyNovember 14, 2014, 1:32 PM EST by Leonid =ershidsky It is what you see. Photographer: =inda Nylind/Hayward Gallery via Bloomberg In a record chttp://goo.gl/s6ayzP> month for New York art auctions, one standout =as an all-white work that sold for $15 million. Even if one lacks =a href="http://www.amazon.com/The-Painted-Word-Tom- Wolfe/dp/0312427581"==ata-web-url="http://www.amazon.com/The-Painted-Word-Tom-Wolfe/dp/031242=581" target="_blank" rel="nofollow noopener" style="color: =gb(65, 110, 210); max-width: 100%;" class="">Tom Wolfe's =ourage to doubt the value of contemporary art, the =ulti-million-dollar price tag for some white paint on =anvas cannot but raise existential questions. White paintings are something of a =hilosophical tradition. Kazimir Malevich started it in 1918 with "Suprematist Composition: White =n White": Source: The =useum of Modern Art Here's what he had to say about it in the catalog for =he Moscow exhibition where the cool white square on a warmer white =ackground was first shown: I have overcome the lining of the =olored sky, torn it down and into the bag thus formed, put colour, =ying it up with a knot. Swim in the white free abyss, infinity is =efore you. American artist Robert Rauschenberg created five "White Paintings" in 1951. He =ent further than Malevich in his rejection of substance, simply rolling =hite house paint onto smooth surfaces. EFTA_R1_01244901 EFTA02325585