“Time extracts various values from a painter's work. When these values are exhausted the pictures are forgotten, and the more a picture has to give, the greater it is.”

“I can't change the fact that my paintings don't sell. But the time will come when people will recognize that they are worth more than the value of the paints used in the picture.”

“‎...Gold is gold everywhere, fungible and indifferent. But when a disk of gold is stamped by a coiner with certain pompous words and the picture of a King, it takes on added value -- seigneurage. It has that value only in that people believe that it does -- it is a shared phant'sy.”

“The painter will produce pictures of little merit if he takes the works of others as his standard.”

“A painter paints pictures on canvas. But musicians paint their pictures on silence.”

“It's very odd...that some values should have this peculiarity of shrinking. You never hear of values in a picture shrinking; but rents, stocks, real estate--all those values shrink abominably.”