Thursday, May 17, 2007

Disgusting

$72 million for this Andy Warhol painting of a car crash. Record breaking art sales.

Disgusting.

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Posted by Vespa Rich at 7:28 AM

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3 comments:

Unknown said...

Your headline "disgusting" what part is disgusting?
Is it as simple as you don't appreciate the content of Warhol's Burning Car Series?
Or is it buyers paying top dollar for art? Its always been like that. Its history, but its tangible and enjoyable and raises a person's net worth on paper. So its seems understandable. Some collector's are interested in preserving and other's only interested in worth (it's worth and the increase in their worth for having it). Rendering it difficult to judge (for me). In my opinion, a collector that enjoys the pieces and preserves them, but is not solely interested in increasing one's personal worth is alright by me. In that case, the gain in personal worth is only a by product that just comes with the investment. I know, it's a bit idealistic in this day and age, forgive me.
Or was it just the actual prices that disgust? Auction prices are only decided by the buyer and his/her desire. Which is uncontrollable. We (the general public) do not and should not have anything to say about how people invest their money. Otherwise, we'd be living in a different country under a different type of government.
However the bit about more and more buyers being from Asia and the Middle East got my attention. I wonder what kind (of art), if any specifically, is being purchased from these buyers. But I know I can't jump to any conclusions because that auction was not comprised of just Warhol's work, it did include works from other artist from other countries. Warhol just fetched the best price. I just find the steady increase of buyers from those two particular cultures curious. Also, being there are such different governments installed in Asia v. Middle East who are these buyers and how are they able to spend the exorbitant amount it apparently takes to own a piece like Green Burning Car I or Lemon Marilyn?
I know I was speculative, but its just my 2 cents & only for conversation's sake. I don't get the pleasure of talking to you (Rich) all the time. Hope I did not offend.

May 19, 2007 at 7:57 AM
Vespa Rich said...

Hey, it's all good. I was refering (with disgust) to the fact that someone will pay 72 million dollars for a painting of green car burning when I could have retired myself, my family, and my children (if I had them) and their children, and probably a few more of these before it was over. Some one dropped enough money to set my lineage up for a hundred years on one painting, just to be able to say they have it. That... is what I was calling disgusting. I could go on and on... saving homeless people, building homes for underprivelidged people (like the millionaire Japanese dude)... on and on. I don't care what piece they bought (the fact that it is just a green car doesn't bother me) just that they paid that much for a painting, that is saddening :(

May 19, 2007 at 5:00 PM
Unknown said...

There's prolly a treasure map on the back! YAAR!!

May 20, 2007 at 7:17 AM

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