Would You Pay $104 Million For This?

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  • KRL
    Entrepreneur
    • Oct 2002
    • 31429
    #1

    Would You Pay $104 Million For This?



    Picasso's 1905 painting "Boy with a Pipe" sold for $104 million Wednesday at Sotheby's, breaking the record for an auctioned painting.

    Painted in 1905, the work of art is now the most expensive painting ever sold at auction.

    The previous record was set by Vincent van Gogh's 1890 "Portrait of Doctor Gachet," which was sold to a Japanese billionaire for $82.5 million in 1990 at Christie's.

    A 24-year-old Picasso painted "Boy with a Pipe" soon after settling in Montmartre, France. It depicts a young Parisian boy holding a pipe in his left hand and wearing a garland of flowers. John Hay and Betsey Whitney bought the painting in 1950 for $30,000.


    OMG $100 Mil for a fucking piece of canvas, some oil paint, and a wood frame.

    Picasso must be laughing his ass off upstairs.

    Just proves the ultra wealthy are also some of the biggest suckers.



    Sothebys made an $11 Million commission on the sale.
    Last edited by KRL; 05-05-2004, 11:51 PM.
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    • psyko514
      See sig. Join Epic Cash.
      • Oct 2002
      • 22366
      #2
      imagine all the things that could have been done at that price.

      people are too fucking greedy.

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        • quiet
          we'll miss you our friend. RIP
          • Sep 2001
          • 25115
          #3
          of course. i've been following this sale for awhile, looks like a very good investment.
          we'll miss you our friend. RIP

            Comment

            • KRL
              Entrepreneur
              • Oct 2002
              • 31429
              #4
              Originally posted by psyko514
              imagine all the things that could have been done at that price.

              people are too fucking greedy.
              Exactly. What an ultimate expression of self indulgent greed.

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                • Fletch XXX
                  GFY HALL OF FAME DAMMIT!!!
                  • Jan 2002
                  • 60840
                  #5
                  KRL - i already posted a thread regarding the irony of how such art is accepted vs a GAG picture of a "boy with pipe."

                  http://www.gofuckyourself.com/showth...hreadid=281546


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                    • quiet
                      we'll miss you our friend. RIP
                      • Sep 2001
                      • 25115
                      #6
                      Originally posted by KRL
                      Exactly. What an ultimate expression of self indulgent greed.
                      how much is a three letter, digital word worth?
                      we'll miss you our friend. RIP

                        Comment

                        • KRL
                          Entrepreneur
                          • Oct 2002
                          • 31429
                          #7
                          Originally posted by Fletch XXX
                          KRL - i already posted a thread regarding the irony of how such art is accepted vs a GAG picture of a "boy with pipe."

                          http://www.gofuckyourself.com/showth...hreadid=281546
                          I don't even think its a beautiful piece of art. Do you like it?
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                            • KRL
                              Entrepreneur
                              • Oct 2002
                              • 31429
                              #8
                              Originally posted by quiet
                              how much is a three letter, digital word worth?


                              Ouch.
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                                • psyko514
                                  See sig. Join Epic Cash.
                                  • Oct 2002
                                  • 22366
                                  #9
                                  Originally posted by quiet
                                  how much is a three letter, digital word worth?
                                  as much as someone is willing to pay for it.
                                  that's the true worth of anything.

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                                    • BRISK
                                      Too lazy to set a custom title
                                      • Feb 2003
                                      • 12240
                                      #10
                                      I wonder what his reasons for buying it were? Is it an investment or is he just an art lover? Or is he just trying to outdo his other rich friends?
                                      I post on GFY so that when people ask me what I do,
                                      I can tell them that I work with the mentally retarded.

                                        Comment

                                        • quiet
                                          we'll miss you our friend. RIP
                                          • Sep 2001
                                          • 25115
                                          #11
                                          Originally posted by psyko514
                                          as much as someone is willing to pay for it.
                                          that's the true worth of anything.
                                          gee, like the the purchase of the picasso?
                                          we'll miss you our friend. RIP

                                            Comment

                                            • bufferover
                                              Too lazy to set a custom title
                                              • Jan 2004
                                              • 25209
                                              #12
                                              Nope because i don't have that sum of cash but if i got them for sure i will not spend them on that picture

                                                Comment

                                                • psyko514
                                                  See sig. Join Epic Cash.
                                                  • Oct 2002
                                                  • 22366
                                                  #13
                                                  Originally posted by quiet
                                                  gee, like the the purchase of the picasso?
                                                  i'm not saying the picasso is worthless.
                                                  i recognize the value of it.

                                                  i'm simply saying there are better uses for that money.

                                                  even if i could easily afford a $104 million painting, i would not buy it.

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                                                    • Fletch XXX
                                                      GFY HALL OF FAME DAMMIT!!!
                                                      • Jan 2002
                                                      • 60840
                                                      #14
                                                      Ive seen many PIcassos, and although the value is astronomical, until youve stood and looked at Guernica or any other great Picasso, those figures are so small.

                                                      Ive hung Basquiats, Koontz, Warhols, and lichtensteins (2 mil+)Even had to adjust the humidity control on works. Art is better than religion. And its value is worth every penny.

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                                                        • quiet
                                                          we'll miss you our friend. RIP
                                                          • Sep 2001
                                                          • 25115
                                                          #15
                                                          Originally posted by psyko514
                                                          i'm not saying the picasso is worthless.
                                                          i recognize the value of it.

                                                          i'm simply saying there are better uses for that money.

                                                          even if i could easily afford a $104 million painting, i would not buy it.
                                                          sort of like there are better uses of spending millions on a 3 letter domain name?

                                                          it's all about what someone will pay for it, and what someone might pay for it in the future.

                                                          period.
                                                          we'll miss you our friend. RIP

                                                            Comment

                                                            • BRISK
                                                              Too lazy to set a custom title
                                                              • Feb 2003
                                                              • 12240
                                                              #16
                                                              Greater Fool Theory?
                                                              I post on GFY so that when people ask me what I do,
                                                              I can tell them that I work with the mentally retarded.

                                                                Comment

                                                                • newsdude
                                                                  Confirmed User
                                                                  • Apr 2004
                                                                  • 1969
                                                                  #17
                                                                  I'm not much into those things. If I had that amount of cash, I'd invest it in something else.
                                                                  SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

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                                                                    • nap
                                                                      Confirmed User
                                                                      • Dec 2002
                                                                      • 2765
                                                                      #18
                                                                      if it sold for that much now then how much will it sale for in the next 10-20 years? if its an investment then why not?

                                                                        Comment

                                                                        • EviLGuY
                                                                          So Fucking Banned
                                                                          • Apr 2003
                                                                          • 12745
                                                                          #19
                                                                          No way.. I wouldnt pay that much if I had all of Bill Gate's money.

                                                                          Then again I am not a big art lover..

                                                                            Comment

                                                                            • psyko514
                                                                              See sig. Join Epic Cash.
                                                                              • Oct 2002
                                                                              • 22366
                                                                              #20
                                                                              Originally posted by quiet
                                                                              sort of like there are better uses of spending millions on a 3 letter domain name?

                                                                              it's all about what someone will pay for it, and what someone might pay for it in the future.

                                                                              period.
                                                                              your argument only works if it was purchased as an investment and my argument only works if it was purchased as a luxury

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                                                                                Comment

                                                                                • quiet
                                                                                  we'll miss you our friend. RIP
                                                                                  • Sep 2001
                                                                                  • 25115
                                                                                  #21
                                                                                  Originally posted by nap
                                                                                  if it sold for that much now then how much will it sale for in the next 10-20 years? if its an investment then why not?
                                                                                  no shit.
                                                                                  we'll miss you our friend. RIP

                                                                                    Comment

                                                                                    • cherrylula
                                                                                      lol
                                                                                      • Jan 2002
                                                                                      • 15969
                                                                                      #22
                                                                                      I wonder how Picasso treated his models.

                                                                                        Comment

                                                                                        • quiet
                                                                                          we'll miss you our friend. RIP
                                                                                          • Sep 2001
                                                                                          • 25115
                                                                                          #23
                                                                                          Originally posted by psyko514
                                                                                          your argument only works if it was purchased as an investment and my argument only works if it was purchased as a luxury
                                                                                          wrong. it, like most things, are purchased as investments, which can be enjoyed as luxuries.

                                                                                          one of the weakest and most misguided things i've ever here you say (and i like you). not the way to look at things at all. but go for it by all means.
                                                                                          we'll miss you our friend. RIP

                                                                                            Comment

                                                                                            • KRL
                                                                                              Entrepreneur
                                                                                              • Oct 2002
                                                                                              • 31429
                                                                                              #24
                                                                                              Originally posted by quiet
                                                                                              sort of like there are better uses of spending millions on a 3 letter domain name?

                                                                                              it's all about what someone will pay for it, and what someone might pay for it in the future.

                                                                                              period.
                                                                                              Actually you can't compare the two. One is for business which will create jobs for people.

                                                                                              The painting will just hang in someone's home.

                                                                                              Big difference Quiet.
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                                                                                                • AWW - Kevin
                                                                                                  Confirmed User
                                                                                                  • Jan 2002
                                                                                                  • 2353
                                                                                                  #25
                                                                                                  Originally posted by psyko514

                                                                                                  i'm simply saying there are better uses for that money.
                                                                                                  what IF the new owner already has everything ?
                                                                                                  houses, cars, boats, plane...

                                                                                                  i say good on him if he likes it, he can't take the money with him
                                                                                                  might as well spend it


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                                                                                                    • VeriSexy
                                                                                                      Join The Royal Family
                                                                                                      • Apr 2002
                                                                                                      • 25463
                                                                                                      #26
                                                                                                      If you can afford it, good for you
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                                                                                                        • quiet
                                                                                                          we'll miss you our friend. RIP
                                                                                                          • Sep 2001
                                                                                                          • 25115
                                                                                                          #27
                                                                                                          Originally posted by KRL
                                                                                                          Actually you can't compare the two. One is for business which will create jobs for people.

                                                                                                          The painting will just hang in someone's home.

                                                                                                          Big difference Quiet.
                                                                                                          i agree that they are different. but i don't agree with what you've said.

                                                                                                          the painting is likely a very safe investment, that will end up making money in the very long term. an investment just like any other.

                                                                                                          not trying to say anything about your biz model, which looks amazing

                                                                                                          i find it hard to believe you don't know what i'm talking about (it's so bloodly obvious)
                                                                                                          Last edited by quiet; 05-06-2004, 12:13 AM.
                                                                                                          we'll miss you our friend. RIP

                                                                                                            Comment

                                                                                                            • cherrylula
                                                                                                              lol
                                                                                                              • Jan 2002
                                                                                                              • 15969
                                                                                                              #28
                                                                                                              Originally posted by KRL
                                                                                                              Actually you can't compare the two. One is for business which will create jobs for people.

                                                                                                              The painting will just hang in someone's home.

                                                                                                              Big difference Quiet.
                                                                                                              I've always sort of thought of domain names as internet real estate. Especially if you have a good one.

                                                                                                                Comment

                                                                                                                • KRL
                                                                                                                  Entrepreneur
                                                                                                                  • Oct 2002
                                                                                                                  • 31429
                                                                                                                  #29
                                                                                                                  Originally posted by quiet
                                                                                                                  i agree that they are different. but i don't agree with what you've said.

                                                                                                                  the painting is likely a very safe investment, that will end up making money in the very long term. an investment just like any other.

                                                                                                                  not trying to say anything about your biz model, which looks amazing

                                                                                                                  i find it hard to believe you don't know what i'm talking about (it's so bloodly obvious)
                                                                                                                  Oh I agree on that point. No doubt in our lifetime paintings will go over $200 Million now.

                                                                                                                  Art is a great investment in most cases.
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                                                                                                                    • Fletch XXX
                                                                                                                      GFY HALL OF FAME DAMMIT!!!
                                                                                                                      • Jan 2002
                                                                                                                      • 60840
                                                                                                                      #30
                                                                                                                      what happened to buying high priced items for the publicity?

                                                                                                                      Todd McFarlane is know now for HIGH BIDDING on baseballs, even has a museum of them.

                                                                                                                      Recently I watched the videos of him bidding on the Mark McGuire baseball. Dont quote me, but over tyhe phone and after a very stressful bid war, it was in the range of 2.6 million???

                                                                                                                      After hen hung up the phone, he looked towards his manager team and said, "you better make this worth it" - and they PROMPTLY replied, "oh its gonna be worth it, very worth it"

                                                                                                                      next thing it flashed to was the HEADLINES all across the US and THE WORLD, that the ANONYMOUS BIDDER on the Mark McGuire ball was non other than Todd McFarlane, he wantesd to brand his SPAWN name and he is one of the BEST marketers out there now.

                                                                                                                      i like guys like that.


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                                                                                                                        • Theo
                                                                                                                          HAL 9000
                                                                                                                          • May 2001
                                                                                                                          • 34515
                                                                                                                          #31
                                                                                                                          Originally posted by KRL


                                                                                                                          Picasso's 1905 painting "Boy with a Pipe" sold for $104 million Wednesday at Sotheby's, breaking the record for an auctioned painting.

                                                                                                                          Painted in 1905, the work of art is now the most expensive painting ever sold at auction.

                                                                                                                          The previous record was set by Vincent van Gogh's 1890 "Portrait of Doctor Gachet," which was sold to a Japanese billionaire for $82.5 million in 1990 at Christie's.

                                                                                                                          A 24-year-old Picasso painted "Boy with a Pipe" soon after settling in Montmartre, France. It depicts a young Parisian boy holding a pipe in his left hand and wearing a garland of flowers. John Hay and Betsey Whitney bought the painting in 1950 for $30,000.


                                                                                                                          OMG $100 Mil for a fucking piece of canvas, some oil paint, and a wood frame.

                                                                                                                          Picasso must be laughing his ass off upstairs.

                                                                                                                          Just proves the ultra wealthy are also some of the biggest suckers.



                                                                                                                          Sothebys made an $11 Million commission on the sale.

                                                                                                                          well worth it

                                                                                                                            Comment

                                                                                                                            • KRL
                                                                                                                              Entrepreneur
                                                                                                                              • Oct 2002
                                                                                                                              • 31429
                                                                                                                              #32
                                                                                                                              Originally posted by Soul_Rebel
                                                                                                                              well worth it
                                                                                                                              LOL - now we'll see Juicy in it.
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                                                                                                                                • Tania
                                                                                                                                  Confirmed User
                                                                                                                                  • Apr 2004
                                                                                                                                  • 5393
                                                                                                                                  #33
                                                                                                                                  no i wil not pay this money 's to much

                                                                                                                                    Comment

                                                                                                                                    • quiet
                                                                                                                                      we'll miss you our friend. RIP
                                                                                                                                      • Sep 2001
                                                                                                                                      • 25115
                                                                                                                                      #34
                                                                                                                                      Originally posted by KRL
                                                                                                                                      Actually you can't compare the two. One is for business which will create jobs for people.

                                                                                                                                      The painting will just hang in someone's home.

                                                                                                                                      Big difference Quiet.
                                                                                                                                      the most obvious example is land. it just sits there, accruing value, while doing absolutely fuck all. sort of like a painting.
                                                                                                                                      we'll miss you our friend. RIP

                                                                                                                                        Comment

                                                                                                                                        • pure energy
                                                                                                                                          Confirmed User
                                                                                                                                          • Apr 2004
                                                                                                                                          • 4274
                                                                                                                                          #35
                                                                                                                                          It sounds like a very good investment to me. But it must be covered by insurance!
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                                                                                                                                            • psyko514
                                                                                                                                              See sig. Join Epic Cash.
                                                                                                                                              • Oct 2002
                                                                                                                                              • 22366
                                                                                                                                              #36
                                                                                                                                              Originally posted by quiet
                                                                                                                                              wrong. it, like most things, are purchased as investments, which can be enjoyed as luxuries.

                                                                                                                                              one of the weakest and most misguided things i've ever here you say (and i like you). not the way to look at things at all. but go for it by all means.
                                                                                                                                              then again, i'm not a millionaire ;)

                                                                                                                                              read the article on yahoo though. the painting was purchased in 1950 for $30K. it was kept as a luxury item until the death of it's owners. the estate auctioned it off.

                                                                                                                                              i will bite my tongue however on this. when i made my original post, i was thinking more a long the lines of charitable actions. but the article says the proceeds are going to the Greentree Foundation, an enviromental organization.

                                                                                                                                              i still think people are too greedy though. someone who can afford to buy a painting for $104 million doesn't really need to worry about potential investments. he/she could do better things, in my opinion, with their money. they could even start a company with charitable goals in mind and try to make it profitable.

                                                                                                                                              personally, that's the type of shit i'd do if i had that kinda money.

                                                                                                                                              but i don't.

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                                                                                                                                                • adultvisitors
                                                                                                                                                  Confirmed User
                                                                                                                                                  • Jun 2003
                                                                                                                                                  • 1417
                                                                                                                                                  #37
                                                                                                                                                  no
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                                                                                                                                                    • Theo
                                                                                                                                                      HAL 9000
                                                                                                                                                      • May 2001
                                                                                                                                                      • 34515
                                                                                                                                                      #38
                                                                                                                                                      seriously the 2pac painting looks better


                                                                                                                                                      imagine resurrection to take place
                                                                                                                                                      the price will hit 104 TRILLION!

                                                                                                                                                        Comment

                                                                                                                                                        • johnbosh
                                                                                                                                                          Confirmed User
                                                                                                                                                          • Aug 2002
                                                                                                                                                          • 8965
                                                                                                                                                          #39
                                                                                                                                                          hell no

                                                                                                                                                            Comment

                                                                                                                                                            • Shoehorn!
                                                                                                                                                              Die With Your Boots On
                                                                                                                                                              • Oct 2003
                                                                                                                                                              • 22872
                                                                                                                                                              #40
                                                                                                                                                              Art is an investment, no different than buying an expensive house, a corporation, or anything else tha tappreciates in value. I guarantee you that the next time that painting sells, it will go for over $200 million.

                                                                                                                                                                Comment

                                                                                                                                                                • pornstar2pac
                                                                                                                                                                  Omaha Hi/Lo
                                                                                                                                                                  • Nov 2003
                                                                                                                                                                  • 17380
                                                                                                                                                                  #41
                                                                                                                                                                  40 million



                                                                                                                                                                  final offer
                                                                                                                                                                  Trump haters gonna hate. that's all they can do

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                                                                                                                                                                    • strobi
                                                                                                                                                                      Confirmed User
                                                                                                                                                                      • Nov 2002
                                                                                                                                                                      • 7383
                                                                                                                                                                      #42
                                                                                                                                                                      Originally posted by BRISK
                                                                                                                                                                      I wonder what his reasons for buying it were? Is it an investment or is he just an art lover? Or is he just trying to outdo his other rich friends?
                                                                                                                                                                      Nobody is rich enough to buy that just because he likes the painting.. Tha would be unreal

                                                                                                                                                                        Comment

                                                                                                                                                                        • gornyhuy
                                                                                                                                                                          Chafed.
                                                                                                                                                                          • May 2002
                                                                                                                                                                          • 18041
                                                                                                                                                                          #43
                                                                                                                                                                          Originally posted by quiet
                                                                                                                                                                          how much is a three letter, digital word worth?

                                                                                                                                                                          OOOOOFFFFF.

                                                                                                                                                                          icq:159548293

                                                                                                                                                                            Comment

                                                                                                                                                                            • VicMartin
                                                                                                                                                                              Confirmed User
                                                                                                                                                                              • Jun 2002
                                                                                                                                                                              • 887
                                                                                                                                                                              #44
                                                                                                                                                                              They should have given that money to me.
                                                                                                                                                                              Winning isn’t everything, but wanting to win is. –Vince Lombardi

                                                                                                                                                                                Comment

                                                                                                                                                                                • cool1
                                                                                                                                                                                  sex is good
                                                                                                                                                                                  • Sep 2001
                                                                                                                                                                                  • 24939
                                                                                                                                                                                  #45
                                                                                                                                                                                  I don't think any painting is worth that much cash.
                                                                                                                                                                                  But there are some stupid rich people out there who do stupid things with thier cash.

                                                                                                                                                                                    Comment

                                                                                                                                                                                    • NickPapageorgio
                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                      • Apr 2004
                                                                                                                                                                                      • 8323
                                                                                                                                                                                      #46
                                                                                                                                                                                      $104 Mil for a pic of Pauly Shore? Negative...

                                                                                                                                                                                        Comment

                                                                                                                                                                                        • loco12
                                                                                                                                                                                          Confirmed User
                                                                                                                                                                                          • Aug 2003
                                                                                                                                                                                          • 638
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by Fletch XXX
                                                                                                                                                                                          Ive seen many PIcassos, and although the value is astronomical, until youve stood and looked at Guernica or any other great Picasso, those figures are so small.

                                                                                                                                                                                          Ive hung Basquiats, Koontz, Warhols, and lichtensteins (2 mil+)Even had to adjust the humidity control on works. Art is better than religion. And its value is worth every penny.
                                                                                                                                                                                          Agree totally with you there. It's worth every penny.
                                                                                                                                                                                          I own several paintings worth £35,000+ each, and although small fry compared to Picasso or other great names, I would rather have these to look at every day than sell a few and buy another Porsche.

                                                                                                                                                                                          Monet, Picasso, and other great impressionists are worth the money because they are so great. Owners will never loose money over investing in them, and $104 million is small change the the people that won the auction.

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                                                                                                                                                                                            • StuartD
                                                                                                                                                                                              Sofa King Band
                                                                                                                                                                                              • Jul 2002
                                                                                                                                                                                              • 29903
                                                                                                                                                                                              #48
                                                                                                                                                                                              Lemme just check my bank account.

                                                                                                                                                                                              Hmm... perhaps a bubble gum joe cartoon would look nice on my wall instead.
                                                                                                                                                                                              This is me on facebook
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                                                                                                                                                                                                • Corleone
                                                                                                                                                                                                  C.R.E.A.M
                                                                                                                                                                                                  • Apr 2003
                                                                                                                                                                                                  • 15262
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  its a picasso

                                                                                                                                                                                                  if i'd be a billionaire i'd buy it

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                                                                                                                                                                                                    • doornx
                                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                                      • Nov 2003
                                                                                                                                                                                                      • 2531
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      i would prefer somethin i love to look at...for that money i would buy a few original warhol's

                                                                                                                                                                                                      maybe even a lichtenstein or De Kooning...

                                                                                                                                                                                                      but that's just my personal taste
                                                                                                                                                                                                      Send me a PM for design work

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