"A fool and his money are soon parted"

[dogtag]

$450 + million.
I've never understood how one artist's work sells for millions,
yet another, who paints as well sells for a pittance.
They've been trying to establish whether Da Vinci painted
this work or if it was done by his pupil.
If it's so hard to tell then why isn't his pupil just as famous ?

http://www.dailymail.co.uk/news/arti...-New-York.html

It may yet turn out to be a "fake"
And why are Piccaso's scribblings so sought after ?
Idiocy.

[Major Tom]

Beats me! Bragging rights for the richest I guess.

[Mark in Ottawa]

There is an investing theory known as "The Greater Fool Theory". According to this theory, it doesn't matter what you pay for an article as long as you think that you can sell it to someone else at a higher price (i.e. to someone who is even more foolish than you are). The sales prices of great art has been rising exponentially for years, in part because people in countries that are politically or economically unstable want to have some of their money in a small, portable physical package whose value is recognized internationally so that it can be converted back into cash if needed. At some point, I figure that they will run out of fools and the whole business will tumble. In a related area, it is this need to stash wealth elsewhere that has driven up the price of very high end apartments in New York. I understand that there are a lot of mega-million dollar apartments in NYC that are owned by Russians but are normally unused

[rkohut]

"Ketchup on Canvas" sold for $46 million at the same time

Not a joke

http://www.christies.com/lotfinder/paintings/cy-twombly-untitled-6110569-details.aspx?from=salesummery&intobjectid=6110569&sid=3d91f8db-5027-48b8-9d2b-e19d0a201780

[dave]

What about that Pollack (sp?) guy? He just throws paint by the can, shaks sloppy wet bush over the canvas, smears it with his hands, etc. etc. Get millions for what a two year old could do.
But he is an "artist", there are plenty of other examples of this BS besides painters.

[Vern Humphrey]

Go to the Museum of Modern Art in New York. I went through there one time, and there was a "work of art" consisting of a Japanese hay bale (a huge bail for shipping to Japan), a gold thread and a gold plated pitchfork.

There was also a collection of photos of elderly Russian peasant women, who posed with their pants down and their tops pulled up to show their breasts.

[dogtag]

Go to the Museum of Modern Art in New York. I went through there one time, and there was a "work of art" consisting of a Japanese hay bale (a huge bail for shipping to Japan), a gold thread and a gold plated pitchfork.

There was also a collection of photos of elderly Russian peasant women, who posed with their pants down and their tops pulled up to show their breasts.

Damn, wish I'd seen that.

[Vern Humphrey]

Damn, wish I'd seen that.

No you don't -- I'm scheduled for cataract surgery after seeing it.

The doctor says this is the worst case he's seen -- except for the guy who saw Nancy Peolsi naked.