It was purchased by the Manoogian Collection in 1979 then sold to a "Prominent Private Collection" in 2014. Christies estimated that the painting would sell for up to $20 million. Instead it was purchased for $25 million over that.
It's either comms or a psyop. Interesting timing considering the Ghost in the Machine video that just came out. I would like it to mean what it appears to mean, that 45 is coming back and this is his crossing the Delaware moment. But we'll see.
Art is 99% scam. Rich people buy art then pay a private appraiser to appraise it for a higher value and then they donate it to a museum as a tax write-off (typically, not always)
The auction house estimated Warhol's painting at $200 million, so while $195 is a lot of money, the buyer didn't pay more than what the picture was worth.
$45,045,000 for Washington Crosses the Delaware is just a coincidence? Seriously? So the bidding was so fierce for this painting that it went $25 million over it's estimated worth but then the bidders started nickel-and-diming it? That's just stupid. Someone intentionally paid that amount for it.
All of that aside, I find it sad that piece of modern art garbage was estimated to be worth 10 times the value of such a classic and historic piece of art.
Now that's interesting.
It was purchased by the Manoogian Collection in 1979 then sold to a "Prominent Private Collection" in 2014. Christies estimated that the painting would sell for up to $20 million. Instead it was purchased for $25 million over that.
It's either comms or a psyop. Interesting timing considering the Ghost in the Machine video that just came out. I would like it to mean what it appears to mean, that 45 is coming back and this is his crossing the Delaware moment. But we'll see.
The art market has been nuts for the past few years. The Andy Warhol painting of Marilyn Monroe just sold last Sunday for $195M.
Not everything that happens in the world is a conspiracy. Sometimes outlier shit just happens.
Art is 99% scam. Rich people buy art then pay a private appraiser to appraise it for a higher value and then they donate it to a museum as a tax write-off (typically, not always)
In addition it is also often money laundering
🐸https://flickr.com/photos/pomphorhynchus/3751733832
The auction house estimated Warhol's painting at $200 million, so while $195 is a lot of money, the buyer didn't pay more than what the picture was worth.
$45,045,000 for Washington Crosses the Delaware is just a coincidence? Seriously? So the bidding was so fierce for this painting that it went $25 million over it's estimated worth but then the bidders started nickel-and-diming it? That's just stupid. Someone intentionally paid that amount for it.
All of that aside, I find it sad that piece of modern art garbage was estimated to be worth 10 times the value of such a classic and historic piece of art.