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Started By
Message
This painting from Cy Twombly sold for 41.6 million last year
Posted on 10/25/23 at 9:13 am
Posted on 10/25/23 at 9:13 am
Discerning art critics of the OT, thoughts?
(Twombly is one of the most celebrated american artists of the 20th century and died in 2011. His paintings go routinely for 10s of millions.)
(Twombly is one of the most celebrated american artists of the 20th century and died in 2011. His paintings go routinely for 10s of millions.)
37
Posted on 10/25/23 at 9:14 am to Fun Bunch
I should start selling some of my 3 year olds stuff. Looks the same.
Posted on 10/25/23 at 9:14 am to Fun Bunch
i would have rathered blue. i like blue. blue is a good color.
Posted on 10/25/23 at 9:14 am to Fun Bunch
Looks like something a toddler would do to a wall with a marker
Posted on 10/25/23 at 9:14 am to Fun Bunch
hmmmm, I wouldn't go a penny over tree-fiddy
Posted on 10/25/23 at 9:15 am to Fun Bunch
Some of you good people with toddlers need to put them to work.
Posted on 10/25/23 at 9:15 am to Fun Bunch
You've got to be shitting me
Posted on 10/25/23 at 9:16 am to Bama and Beer
Nope
Posted on 10/25/23 at 9:16 am to Fun Bunch
If I took a picture of it and turned it into an NFT you think I could get about half that?
Posted on 10/25/23 at 9:17 am to Fun Bunch
Posted on 10/25/23 at 9:17 am to Fun Bunch
Here's another piece from him:
Posted on 10/25/23 at 9:17 am to oogabooga68
quote:
Money laundering.
Probably more tax evasion than money laundering.
Put the real painting in a Freeport. Make a fake and hang it in your house. 41.6MM you aren't paying taxes on.
Posted on 10/25/23 at 9:20 am to Fun Bunch
It's easier and more efficient to put 41.6 million on your wall than stacking up hundreds in a room.
Posted on 10/25/23 at 9:21 am to Fun Bunch
Lack of diversity.
Posted on 10/25/23 at 9:21 am to fightin tigers
quote:
Probably more tax evasion than money laundering.
Put the real painting in a Freeport. Make a fake and hang it in your house. 41.6MM you aren't paying taxes on.
If you already have the money, I assume you've already paid taxes on that money you used to buy the painting, correct? Unless you buy it with business revenue as an operating business and claim it as a business expense? I'm not a tax guy, learn me up.
Money laundering I get though.
Posted on 10/25/23 at 9:21 am to fightin tigers
quote:
41.6MM you aren't paying taxes on.
and that you don't have anymore, if you paid tax on it you'd still have quite a bit of it
Posted on 10/25/23 at 9:22 am to 777Tiger
quote:
and that you don't have anymore,
Well, the money didn't disappear, it is an asset now.
Posted on 10/25/23 at 9:23 am to 777Tiger
quote:
and that you don't have anymore
The value of someone like Twombly is already established and isn't presumably going to go down.
He's dead, so he's not making any more to dilute the market. The value will almost always go up...way up, eventually.
Posted on 10/25/23 at 9:24 am to fightin tigers
quote:
it is an asset now.
hard to believe more than one sap would pay that price for that scribbling, but I don't know much about "art"
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