Wrong-Direction
Well-known member
- Mar 10, 2013
- 13,415
...and it looks like a child threw it together!
Do people "into" art have more money then sense?
Do people "into" art have more money then sense?
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Picasso painting sells for £115 MILLION!
- Thread starter Wrong-Direction
- Start date
BBassic
I changed this.
- Jul 28, 2011
- 12,304
"Art is in the eye of the beholder".
At that sort of money I would wager it's been bought by a collector, not necessarily an appreciator of art. Could be both I guess. Regardless, you buy a piece of history like a Picasso for £115m and you're probably hoping its going to increase in value for a profit later.
At that sort of money I would wager it's been bought by a collector, not necessarily an appreciator of art. Could be both I guess. Regardless, you buy a piece of history like a Picasso for £115m and you're probably hoping its going to increase in value for a profit later.
TomandJerry
Well-known member
- Oct 1, 2013
- 11,437
The action house got 12% of this..
tinycowboy
Well-known member
If they manage to sell it on to another megalomaniac for a profit in 10 years' time, they'll consider themselves very shrewd. However, you have to say that this appears to be tremendously expensive - important piece of art or not - but, like houses in central London, the top end of the art world is part of a bubble-like market driven by the super-rich's conspicuous consumption. Maybe the bubble will never burst?
Thunder Bolt
Silly old bat
Art isn't necessarily bought and sold for it's aesthetic value, but because it's viewed as a good investment. It will probably be kept in a bank vault, if it has gone to a private collector.
Mr Bridger
Sound of the suburbs
Just another currency