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  #1  
Old 05-18-2017, 08:26 PM
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Default Couple of hundred grand on a baseball card?

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
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Old 05-18-2017, 08:49 PM
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.....and it was bought in 1984 for 19K!! Not a bad ROI!!
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Old 05-18-2017, 08:50 PM
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. . . .and think of how many people told him it was overpriced when he bought it.
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Old 05-18-2017, 08:59 PM
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Hard to believe that painting went for as much as it did. I thought I had read somewhere that the fine art market had flattened out.
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Old 05-18-2017, 09:19 PM
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Quote:
Originally Posted by Tom S. View Post
Hard to believe that painting went for as much as it did. I thought I had read somewhere that the fine art market had flattened out.
*mic drop*
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Old 05-18-2017, 09:55 PM
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This is my other love and I can tell you these prices on anything in the Pop Movement will become the norm for coming future.

The Gen X collectors started embracing this as they became more monied and the Millennials jumped on. I was lucky enough to grab a Robert Dowd study two years ago for a pittance at an auction house as they strangely put it in a philatelic auction. I have been offered 10 times the purchase price already and I am holding.

Found a poorly listed Robert Broner signed circuit print on eBay just a few months ago. An accidental find of an artist featured in The Met and MoMA is great fun. The finds are out there if you know what to look for.
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Last edited by JustinD; 05-18-2017 at 10:05 PM.
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Old 05-18-2017, 10:11 PM
Rhotchkiss Rhotchkiss is offline
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Quote:
Originally Posted by JustinD View Post
This is my other love and I can tell you these prices on anything in the Pop Movement will become the norm for coming future.

The Gen X collectors started embracing this as they became more monied and the Millennials jumped on. I was lucky enough to grab a Robert Dowd study two years ago for a pittance at an auction house as they strangely put it in a philatelic auction. I have been offered 10 times the purchase price already and I am holding.

Found a poorly listed Robert Broner signed circuit print on eBay just a few months ago. An accidental find of an artist featured in The Met and MoMA is something else. The finds are out there if you know what to look for.
I too collect art -- only original oils and more bc I love the picture than for appreciation (I bet 90% of my 200+ originals are worth no more than 20% of what I paid for them, with a few home runs thrown in). 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.

To me, the value of pop art is akin to modern cards vs pre-war cards - I just dont get it. I have digested but still dont really understand why/how a 52 Topps Mantle 3 is worth more than a T206 Speaker Drum back PSA 1, the latter of which is basically non-existent and the former of which are all over the place. Just saying....

Regarding art -- be careful. Its more ruthless than cards, and they have their share of painting doctors, bid shillers and all around frauds. The one thing we have that the art world does not is good'ol Battlefield!!
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Old 05-18-2017, 10:38 PM
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Quote:
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Hard to believe that painting went for as much as it did. I thought I had read somewhere that the fine art market had flattened out.
Now that's funny!!!
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Old 05-18-2017, 10:45 PM
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I agree. The first post that actually made me laugh out loud in a while. Well done.
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Old 05-18-2017, 10:47 PM
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From the NYT article on the sale: “Sotheby’s had a lot more works in the middle range round $5 million to $10 million that appealed to the market.”

That's quite the middle range for paintings.
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