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Would You Pay $104 Million For This?
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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. |
imagine all the things that could have been done at that price.
people are too fucking greedy. |
of course. i've been following this sale for awhile, looks like a very good investment.
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:1orglaugh |
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 |
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Ouch. :) |
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that's the true worth of anything. |
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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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
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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. |
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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it's all about what someone will pay for it, and what someone might pay for it in the future. period. |
Greater Fool Theory?
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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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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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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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I wonder how Picasso treated his models. :Graucho
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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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The painting will just hang in someone's home. Big difference Quiet. |
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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 |
If you can afford it, good for you :thumbsup
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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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Art is a great investment in most cases. |
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 |
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well worth it :2 cents: |
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no i wil not pay this money 's to much :Graucho
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It sounds like a very good investment to me. But it must be covered by insurance!
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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. |
no
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seriously the 2pac painting looks better
imagine resurrection to take place the price will hit 104 TRILLION! |
hell no:)
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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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