It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: FinalCountdown
a reply to: queenofswords
Its an investment like any other investment.
The values always rise on established artists.
originally posted by: Night Star
Anyone spending that much on a painting should be ashamed of themselves. Can you imagine how many poor people he could have fed with that, or how much good he could have done with that helping the less fortunate?
originally posted by: Night Star
Anyone spending that much on a painting should be ashamed of themselves. Can you imagine how many poor people he could have fed with that, or how much good he could have done with that helping the less fortunate?
originally posted by: Answer
originally posted by: Night Star
Anyone spending that much on a painting should be ashamed of themselves. Can you imagine how many poor people he could have fed with that, or how much good he could have done with that helping the less fortunate?
How dare they spend their money on anything but the poor!
Do you live a monkish lifestyle and give all of your extra money to feed the hungry?
No? You own a computer and pay for an internet connection and probably have a television? Why didn't you use that money to help the less fortunate?
The simple fact is: you have no idea how much money this anonymous bidder(s) gives to charity.
originally posted by: nonspecific
Maybe the individual or consortium that bought it already does a lot for others?
originally posted by: AugustusMasonicus
originally posted by: nonspecific
Maybe the individual or consortium that bought it already does a lot for others?
There are plenty of instances were the paintings are donated to a museum either after auction or on the purchasers death. It enables everyone who admires the artist to view the piece.
originally posted by: queenofswords
Because they can????
Picasso's Women of Algiers
Last year, Christie's said its global sales of impressionist and modern art were $1.2bn, an increase of 19 per cent over the previous year.
I get that wealthy people want to purchase something no one else has. But, most of these super wealthy purchasers are anonymous.
In February 2015, a Paul Gauguin went for $300,000,000. The buyer is unknown.
Is it really "an investment"? Or, is it something else entirely?
originally posted by: cooperton
In my opinion, the painting isnt even aesthetically pleasing.
An artist buddy of mine (Google 'Father Goose') once said "Art is whatever you can get away with"
originally posted by: AutumnWitch657
a reply to: queenofswords
It's art. You either get it or you don't.