Trading Up

“In 1972 the Anderson Fine Arts Center in Anderson, Ind., which has about 25,000 visitors a year, was given “Damage,” one of Mr. Ruscha’s signature word paintings, by the American Federation of the Arts. At the time it was valued at $3,000. Now the Anderson is offering the painting at Christie’s sale of contemporary and postwar art on May 11. It is estimated at $1.8 million to $2.5 million.”