£65 million sculpture sold in London

Discussion in 'Art & Culture' started by wsionynw, Feb 4, 2010.

  1. Fraggle Rocker Staff Member

    That happens occasionally but more likely with something dependable like a Picasso. As I said art is not such a good investment. Artists fall in and out of favor. In twenty years it might be worth 10% of what it sold for.

    A very wise investor once told us that if you want to invest in collectibles, you should limit yourself to the ones you really love. That way:
    • You'll be very interested so you'll become knowledgeable about them, talk to other collectors, and have a good sense of which ones are truly valuable and will appreciate.
    • If you're wrong you won't mind keeping them around.

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    Oh, Americans with our preponderance of individual identity over group identity still have a powerful collective unconscious.

    It's so strong that it goes all the way back to England. No matter where our ancestors actually came from, we all consider King Arthur, Shakespeare, Robin Hood, Ebeneezer Scrooge and Sherlock Holmes as icons in our culture.

    But we have accrued plenty of our own along the way. Tom Sawyer, the Headless Horseman, Superman, the rift between Northerners and Southerners and between Euro- and Afro-Americans from the Civil War.

    The reason we will never be comfortable seeing anyone walk down the street in a mask--except on Halloween or in a blizzard--is the Wild West: only outlaws wear masks and we get to shoot 'em on sight.
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  3. Mrs.Lucysnow Valued Senior Member

    No matter it will still be insured.
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  5. Fraggle Rocker Staff Member

    Of course. He'd be a fool not to. Nonetheless it will be protected in other ways too.
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  7. codex Registered Member

    why would you pay that much for someone else's art? Making and having your own is much more rewarding
  8. Fraggle Rocker Staff Member

    Art communicates. When you create art you're communicating with others, but that doesn't mean you should not also let them communicate with you. I'm a musician but I go to a lot of concerts.

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