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Old 09-27-2018, 12:14 PM
 
Location: Grosse Ile Michigan
24,841 posts, read 59,867,279 times
Reputation: 27086

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Dang. I used to have four or five of these (only smaller) on my refrigerator. Stupidly, I threw them out when my kids started Jr. High school, I simply did not realize I was sitting on a gold mine.
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Old 10-03-2018, 02:35 PM
 
1,562 posts, read 358,051 times
Reputation: 1351
Quote:
Originally Posted by robertpasa View Post
You can go to Google Image Search and type "Cy Twombly Untitled Red."

Yes, somebody paid $46M for it. People buy these things because they know they can resell it later for a profit. It's not because somebody wanted to look at it every day. It's like, somebody a few years ago paid over $7M for a stamp. It wasn't an especially pretty stamp. It's an investment.

For people who think most modern art is silly - from an artistic standpoint, do you even think that's a good painting?
Haha. Looks like they were having a sale on red paint.
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Old 10-04-2018, 09:56 AM
 
Location: Raleigh
7,109 posts, read 5,270,946 times
Reputation: 9668
Its not my thing but that's true of a lot of things that are either expensive or desirable. At $46 million, the term "bubble" pops into my head.

I also blanch a bit at calling something an "investement" when there's no real expectation on a return. That the item doesn't lose value doesn't make it an investment. I could say the same thing about my craigslist lawnmower. Its something to enjoy.

Last edited by JONOV; 10-04-2018 at 10:14 AM..
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Old 10-04-2018, 07:39 PM
 
Location: North West Arkansas (zone 6b)
2,502 posts, read 1,733,978 times
Reputation: 3311
paintings like that give me hope that my own scribblings could be worth money. unfortunately, the arbitrary decisions of a museum curator can make or break any career.

Once blessed by such a random act of interest, demand for an artists' work could spike when other people "see" the splendor that was not previously visible to them at a much lower street value.
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Old 10-07-2018, 03:24 AM
 
Location: California
29,644 posts, read 32,044,943 times
Reputation: 24785
Money laundering.
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Old 10-07-2018, 10:50 PM
 
178 posts, read 70,824 times
Reputation: 165
I need to paint.
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Old 11-01-2018, 09:06 AM
 
12,496 posts, read 14,637,408 times
Reputation: 14283
Quote:
Originally Posted by JonathanLB View Post
I could make you a really good imitation in about 5 minutes and Id sell it to you for only $10,000! A total bargain really.
HAHAHAHA...I'm sure you could.
I could get my grand daughters to make a replica of similar quality, and they'd be happy to make 10 dollars.
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Old 11-01-2018, 09:08 AM
 
12,496 posts, read 14,637,408 times
Reputation: 14283
Quote:
Originally Posted by ptt View Post
I love Cy Twomby. To own one of his work would be my wildest dream come true.
Go to a kindergarten class....you'll get a better deal, and no one will know the difference.
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Old 11-01-2018, 09:39 AM
 
4,416 posts, read 5,322,068 times
Reputation: 4470
Quote:
Originally Posted by purehuman View Post
Go to a kindergarten class....you'll get a better deal, and no one will know the difference.
Lol so true. Im sure us stupid idiotic unwashed masses are all just too ignorant and poor to understand the great beauty and sophistication of... some random scribblings on canvas.
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Old 11-01-2018, 11:33 AM
 
2,277 posts, read 1,418,106 times
Reputation: 4948
I must be part of the unwashed masses. I’m not cultured enough to understand.

Although, I can’t think of a riskier place to store your millions than this. Maybe all cash in an open vault in the ghetto?
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