That is simply insane to wonder what goes on in the heads of the wealthy. It isn't like Paris Hilton who buys her dogs a $100,000 dog house or some billionaire like Paul Allen owning a $300 million dollar boat or even someone a hip hop artist riding around in a $500,000 car, this piece will appreciate in time and he will be able to sell it in ten years for maybe $1.5 million. Hence, investment. And $1 million is chump change compared to what paintings go for...To come on a collecting Forum and call out a collector of another form of collectible (which you may not like), doesn't make sense to me.
Regards,
Larry
|