Edward Hopper
Art market

Works by Hopper rarely appear on the market. The artist was not prolific, painting just 366 canvases; during the 1950s, when he was in his 70s, he produced approximately five paintings a year. Hopper's longtime dealer, Frank Rehn, who gave the artist his first solo show in 1924, sold Hotel Window (1956) to collector Olga Knoepke for $7,000 (equivalent to $75,938 in 2023) in 1957. In 1999, the Forbes Collection sold it to actor Steve Martin privately for around $10 million. In 2006, Martin sold it for $26.89 million at Sotheby's New York, an auction record for the artist.

In 2013, the Pennsylvania Academy of the Fine Arts in Philadelphia put Hopper's East Wind Over Weehawken (1934) up for sale, hoping to garner the $22–$28 million at which the painting is valued, to establish a fund to acquire "contemporary art" that would appreciate in value. It is a street scene rendered in dark, earthy tones depicting the gabled house at 1001 Boulevard East at the corner of 49th Street in Weehawken, New Jersey, and is considered one of Hopper's best works. It was acquired directly from the dealer handling the artist's paintings in 1952, fifteen years before the death of the painter, at a very low price. The painting sold for a record-breaking $36 million at Christie's in New York, to an anonymous telephone bidder.

In 2018, after the death of art collector Barney A. Ebsworth and subsequent auction of many of the pieces from his collection, Chop Suey (1929) was sold for $92 million, becoming the most expensive of Hopper's work ever bought at auction.
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