Quote:
Originally Posted by barrysloate
The description of the Picasso piece states it has a retail value of 750K. They realized 15K. That's 2% of retail. Not too shabby.
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Barry, they state the Picasso appraisal fee cost $5K from the consignor, so take that off the top end as well as CC's fees. And the consignor got peanuts for a $750K Picasso.