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  #11  
Old 05-18-2017, 10:57 PM
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JustinD JustinD is offline
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Quote:
Originally Posted by Rhotchkiss View Post
I don't understand Pop art at all... And while Basquait is iconic, I dont understand how his work brings those price tags when compared to Rockwell, let alone some of the old impressionists.
I have mostly always collected pop and lowbrow as that is what I like to surround myself with at home. I am a museum junky and am gifted enough to have amazing collections of the masters easily accessible nearby for my appreciation. Being able to see Renoir and Monet originals on my lunch break if wanted is pretty darn nice.

This hobby started a little over 20 years ago, so I have made most of the mistakes already much like we all did in cards as well, lol. My cards just had around a 15 year head start to clear most of the screw ups
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  #12  
Old 05-19-2017, 08:23 AM
packs packs is offline
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It was just two guys bidding against each other. A perfect storm for auctioneers. The buyer will never recoup half of what he paid.
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  #13  
Old 05-19-2017, 08:49 AM
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rjackson44 rjackson44 is offline
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great buy ..60 million was the estimate ,so much for that ,,
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  #14  
Old 05-19-2017, 08:49 AM
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Quote:
Originally Posted by packs View Post
The buyer will never recoup half of what he paid.

I'd personally completely disagree with this. If you follow that art market there have been multiple new records set at every big art auction for the last 12-18 months. The market is on fire for the big, hip and trendy names. This sale will only fuel the desire for this artists work and there are many people out there with more money then common sense.

Just my two cents.
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  #15  
Old 05-19-2017, 08:56 AM
packs packs is offline
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Yes but if you read the account of the sale it was 2 bidders going head to head for more than 10 minutes. You would have to duplicate that scenario in order for a similar sale to take place.
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  #16  
Old 05-19-2017, 09:09 AM
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Quote:
Originally Posted by packs View Post
Yes but if you read the account of the sale it was 2 bidders going head to head for more than 10 minutes. You would have to duplicate that scenario in order for a similar sale to take place.
That was my point. This sale will only fuel the desire to own this piece or another piece from the artist in the future. Just because these were the only two bidders today doesn't mean they would be the only two bidders if the piece was put up for auction a year from now. At times the modern art market seems to me like a giant d**k measuring contest with far more money changing hands than in our sports hobby/industry.

Again, just my personal opinion.
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  #17  
Old 05-19-2017, 09:13 AM
packs packs is offline
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Ah, that is a really good point actually.
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  #18  
Old 05-19-2017, 09:43 AM
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I started collecting prints and as my expendable income grew I now only collect originals. I specifically collect oil paintings by R. Atkinson Fox. You will see his prints all over ebay and sometimes confused with Maxfield Parrish with the same style with Art Deco girls. I now have 11 originals by Fox. Don't think I'm completely done yet. One did wander into the ARS a few years back and I'm sure you can google it.
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  #19  
Old 05-19-2017, 09:49 AM
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Quote:
Originally Posted by Snapolit1 View Post
Nothing much at all . . .

BREAKING NEWS
Amid gasps from the crowd, Jean-Michel Basquiat's painting of a skull sold for $110.5 million at auction, a record for an American artist
Thursday, May 18, 2017 9:12 PM EDT
A Very Expensive Halloween Ornament...

The Pure Definition of "STUiPED Money!!!"
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  #20  
Old 05-19-2017, 11:07 AM
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IMO, the skull is Basquiat's most popular painting. This is definitely a good investment.
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