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-   -   Would You Pay $104 Million For This? (https://gfy.com/showthread.php?t=282110)

KRL 05-06-2004 12:50 AM

Would You Pay $104 Million For This?
 
http://us.news1.yimg.com/us.yimg.com...1648550075.jpg

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.

:1orglaugh

Sothebys made an $11 Million commission on the sale.

psyko514 05-06-2004 12:51 AM

imagine all the things that could have been done at that price.

people are too fucking greedy.

quiet 05-06-2004 12:52 AM

of course. i've been following this sale for awhile, looks like a very good investment.

KRL 05-06-2004 12:52 AM

Quote:

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.

:1orglaugh

Fletch XXX 05-06-2004 12:52 AM

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

:thumbsup

quiet 05-06-2004 12:54 AM

Quote:

Originally posted by KRL
Exactly. What an ultimate expression of self indulgent greed.

:1orglaugh

how much is a three letter, digital word worth?

KRL 05-06-2004 12:55 AM

Quote:

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

:thumbsup

I don't even think its a beautiful piece of art. Do you like it?

KRL 05-06-2004 12:56 AM

Quote:

Originally posted by quiet
how much is a three letter, digital word worth?
:1orglaugh :1orglaugh :1orglaugh

Ouch. :)

psyko514 05-06-2004 12:56 AM

Quote:

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.

BRISK 05-06-2004 12:57 AM

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?

quiet 05-06-2004 12:58 AM

Quote:

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?

bufferover 05-06-2004 12:59 AM

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

psyko514 05-06-2004 12:59 AM

Quote:

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.

Fletch XXX 05-06-2004 01:01 AM

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.

quiet 05-06-2004 01:02 AM

Quote:

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.

BRISK 05-06-2004 01:02 AM

Greater Fool Theory?

newsdude 05-06-2004 01:03 AM

I'm not much into those things. If I had that amount of cash, I'd invest it in something else.

nap 05-06-2004 01:04 AM

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?

EviLGuY 05-06-2004 01:05 AM

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..

psyko514 05-06-2004 01:05 AM

Quote:

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 :glugglug

quiet 05-06-2004 01:05 AM

Quote:

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.

cherrylula 05-06-2004 01:06 AM

I wonder how Picasso treated his models. :Graucho

quiet 05-06-2004 01:07 AM

Quote:

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 :glugglug
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.

KRL 05-06-2004 01:08 AM

Quote:

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.

AWW - Kevin 05-06-2004 01:09 AM

Quote:

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
:glugglug

VeriSexy 05-06-2004 01:10 AM

If you can afford it, good for you :thumbsup

quiet 05-06-2004 01:11 AM

Quote:

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)

cherrylula 05-06-2004 01:15 AM

Quote:

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. :)

KRL 05-06-2004 01:15 AM

Quote:

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.

Fletch XXX 05-06-2004 01:16 AM

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.

:glugglug

Theo 05-06-2004 01:17 AM

Quote:

Originally posted by KRL
http://www.netexcitement.com/sot.jpg

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.

:1orglaugh

Sothebys made an $11 Million commission on the sale.


well worth it :2 cents:

KRL 05-06-2004 01:18 AM

Quote:

Originally posted by Soul_Rebel
well worth it :2 cents:
LOL - now we'll see Juicy in it.

Tania 05-06-2004 01:19 AM

no i wil not pay this money 's to much :Graucho

quiet 05-06-2004 01:20 AM

Quote:

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.

pure energy 05-06-2004 01:20 AM

It sounds like a very good investment to me. But it must be covered by insurance!

psyko514 05-06-2004 01:21 AM

Quote:

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.

adultvisitors 05-06-2004 05:42 AM

no

Theo 05-06-2004 05:46 AM

seriously the 2pac painting looks better


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

johnbosh 05-06-2004 05:47 AM

hell no:)

Shoehorn! 05-06-2004 05:53 AM

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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