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April 14, 1964

Mrs. Vera B. Kouba
14 Avenue B.
Cornwell-on-Hudson, N. Y.

Dear Mrs. Kouba:

I have your letter of April 10th, and note that you feel we had sold a painting of your father's for less than its value. Please believe me, we like to get as high a price as we can for all of our paintings. It is to our advantage and the advantage of the artist's prestige.

We must remember, though, that prices are determined by the supply and demand. We feel that in our endeavors we have created a lively and healthy demand for your father's works, but it is very difficult to get astronomical prices when the art world is not willing to pay far and above the legitimate established price range, and this is particularly true in the case of your father's works.

I do not know who has given you this information, but I would certainly take it with a grain of salt. We have always had great belief in your father's work, and would like very much to get as much as possible for them; but as you know, sometimes the owners like to have the paintings sold.

I am enclosing herewith a check for $60.00 for your Monotone, Old House, Elizabeth, N.J. - No. 8, which our client has taken.

Sincerely yours,
Robert C. Graham