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#1 |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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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.
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#2 |
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Join Date: Oct 2002
Location: Montreal, Quebec. ICQ: 214702014
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imagine all the things that could have been done at that price.
people are too fucking greedy.
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#3 |
we'll miss you our friend. RIP
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Join Date: Sep 2001
Location: Fernie, BC
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of course. i've been following this sale for awhile, looks like a very good investment.
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#4 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
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#5 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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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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#6 | |
we'll miss you our friend. RIP
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Quote:
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#7 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
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Quote:
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#8 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
![]() ![]() ![]() Ouch. ![]()
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#9 | |
See sig. Join Epic Cash.
Join Date: Oct 2002
Location: Montreal, Quebec. ICQ: 214702014
Posts: 22,366
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Quote:
that's the true worth of anything.
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#10 |
Too lazy to set a custom title
Join Date: Feb 2003
Posts: 12,240
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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?
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#11 | |
we'll miss you our friend. RIP
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Quote:
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we'll miss you our friend. RIP |
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#12 |
Too lazy to set a custom title
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Join Date: Jan 2004
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Nope because i don't have that sum of cash
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#13 | |
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Quote:
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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#14 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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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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#15 | |
we'll miss you our friend. RIP
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Join Date: Sep 2001
Location: Fernie, BC
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Quote:
it's all about what someone will pay for it, and what someone might pay for it in the future. period.
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#16 |
Too lazy to set a custom title
Join Date: Feb 2003
Posts: 12,240
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Greater Fool Theory?
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#17 |
Confirmed User
Join Date: Apr 2004
Posts: 1,969
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I'm not much into those things. If I had that amount of cash, I'd invest it in something else.
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#18 |
Confirmed User
Join Date: Dec 2002
Location: midwest
Posts: 2,765
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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?
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#19 |
So Fucking Banned
Join Date: Apr 2003
Location: malta
Posts: 12,745
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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.. |
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#20 | |
See sig. Join Epic Cash.
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Quote:
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#21 | |
we'll miss you our friend. RIP
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Quote:
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we'll miss you our friend. RIP |
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#22 |
lol
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Join Date: Jan 2002
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I wonder how Picasso treated his models.
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#23 | |
we'll miss you our friend. RIP
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Join Date: Sep 2001
Location: Fernie, BC
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Quote:
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.
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#24 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
The painting will just hang in someone's home. Big difference Quiet.
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#25 | |
Confirmed User
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Quote:
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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#26 |
Join The Royal Family
Join Date: Apr 2002
Posts: 25,463
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If you can afford it, good for you
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#27 | |
we'll miss you our friend. RIP
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Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
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)
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#28 | |
lol
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#29 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
Art is a great investment in most cases.
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#30 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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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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#31 | |
HAL 9000
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Join Date: May 2001
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Quote:
well worth it ![]() |
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#32 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
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#33 |
Confirmed User
Join Date: Apr 2004
Location: In a house
Posts: 5,393
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no i wil not pay this money 's to much
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#34 | |
we'll miss you our friend. RIP
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Quote:
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#35 |
Confirmed User
Join Date: Apr 2004
Posts: 4,274
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It sounds like a very good investment to me. But it must be covered by insurance!
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#36 | |
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Quote:
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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#37 |
Confirmed User
Join Date: Jun 2003
Posts: 1,417
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no
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#38 |
HAL 9000
Industry Role:
Join Date: May 2001
Posts: 34,515
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seriously the 2pac painting looks better
imagine resurrection to take place the price will hit 104 TRILLION! |
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#39 |
Confirmed User
Join Date: Aug 2002
Location: The Netherlands, Rotterdam
Posts: 8,965
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hell no
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#40 |
Die With Your Boots On
Join Date: Oct 2003
Location: Hawaii
Posts: 22,872
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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.
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#41 |
Omaha Hi/Lo
Join Date: Nov 2003
Posts: 17,380
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40 million
final offer
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Trump haters gonna hate. that's all they can do |
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#42 | |
Confirmed User
Join Date: Nov 2002
Location: Belgium
Posts: 7,383
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Quote:
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#43 | |
Chafed.
Join Date: May 2002
Location: Face Down in Pussy
Posts: 18,041
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Quote:
OOOOOFFFFF. |
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#44 |
Confirmed User
Industry Role:
Join Date: Jun 2002
Location: Croatia
Posts: 887
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They should have given that money to me.
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#45 |
sex is good
Join Date: Sep 2001
Location: Carman, MB Canada
Posts: 24,939
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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. |
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#46 |
Confirmed User
Join Date: Apr 2004
Location: NC
Posts: 8,323
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$104 Mil for a pic of Pauly Shore? Negative...
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#47 | |
Confirmed User
Join Date: Aug 2003
Location: Dorset, UK
Posts: 638
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Quote:
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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#48 |
Sofa King Band
Join Date: Jul 2002
Location: Outside the box
Posts: 29,903
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Lemme just check my bank account.
Hmm... perhaps a bubble gum joe cartoon would look nice on my wall instead. |
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#49 |
C.R.E.A.M
Industry Role:
Join Date: Apr 2003
Posts: 15,262
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its a picasso
if i'd be a billionaire i'd buy it ![]() |
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#50 |
Confirmed User
Join Date: Nov 2003
Location: ICQ : 946 3375
Posts: 2,531
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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
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