- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: This painting from Cy Twombly sold for 41.6 million last year
Posted on 10/25/23 at 9:25 am to Penske File
Posted on 10/25/23 at 9:25 am to Penske File
quote:
I should start selling some of my 3 year olds stuff. Looks the same.
I wish you knew how ridiculous you sound. Not shocking for this site though. Zero culture.
Posted on 10/25/23 at 9:26 am to Fun Bunch
quote:
One could say that any child could make a drawing like Twombly only in the sense that any fool with a hammer could fragment sculptures as Rodin did, or any house painter could spatter paint as well as Pollock. In none of these cases would it be true. In each case the art lies not so much in the finesse of the individual mark, but in the orchestration of a previously uncodified set of personal "rules" about where to act and where not, how far to go and when to stop, in such a way as the cumulative courtship of seeming chaos defines an original, hybrid kind of order, which in turn illuminates a complex sense of human experience not voiced or left marginal in previous art.
What a load of horseshite
Posted on 10/25/23 at 9:27 am to 777Tiger
quote:
hard to believe more than one sap would pay that price for that scribbling, but I don't know much about "art"
All Twombly's go for millions, some many many 10s of millions.
Once an artists value and "importance" is established like that, especially after his death, its not going to go down.
It may look stupid to us but artists and rich people have put a price on it and that's set
Posted on 10/25/23 at 9:27 am to Saint Alfonzo
My 4 year old just turned into daddy's retirement plan!
Posted on 10/25/23 at 9:29 am to oogabooga68
quote:
Money laundering.
Explain to me how this works, in your opinion? If I have 42 million dollars of drug money and I spend it on a painting, that's not laundering it, that's spending it.
Posted on 10/25/23 at 9:32 am to fightin tigers
Buy art for cheap. Get a friend of a friend to appraise it for big money. Donate it to a museum. Boom, you just turned a $5k purchase into a $5M tax write off.
Once one particular artist gets appraised like this, suddenly all his work starts to go up in value. Then the artist dies, and the value really kicks up because suddenly no more of it is being made.
If you want to make your art worth something, die. If you want your art to become really valuable, commit suicide.
Once one particular artist gets appraised like this, suddenly all his work starts to go up in value. Then the artist dies, and the value really kicks up because suddenly no more of it is being made.
If you want to make your art worth something, die. If you want your art to become really valuable, commit suicide.
Posted on 10/25/23 at 9:32 am to 777Tiger
quote:
hard to believe more than one sap would pay that price for that scribbling, but I don't know much about "art"
Well. A lot of timws it isn't art you are buying/selling as much as wealth.
Someone said money laundering, and it is just part. Hiding wealth is important to a lot of people. If you can hold an asset and never pay taxes on that then sell it later and never pay taxes then it is a good deal.
Posted on 10/25/23 at 9:32 am to Chucktown_Badger
They put the money in the frame.
Posted on 10/25/23 at 9:36 am to Chucktown_Badger
quote:
Explain to me how this works, in your opinion? If I have 42 million dollars of drug money and I spend it on a painting, that's not laundering it, that's spending it.
You took money earned through illicit means, then purchased a "clean" asset worth the same $ amount. Sell that asset for the same or more amount of money, and suddenly you possess $42M that has a paper trail of where it came, an art sale. Do this enough times or through enough intermediaries and it gets very hard to track the original source of the cash.
Posted on 10/25/23 at 9:36 am to Chucktown_Badger
Google Freeports in art
Posted on 10/25/23 at 9:38 am to Fun Bunch
He has a long way to go to reach the artistic creativity of Hunter Biden.
Posted on 10/25/23 at 9:39 am to Fun Bunch
I assume the title of this detailed piece is "Cleaning out my brush"
This post was edited on 10/25/23 at 9:44 am
Posted on 10/25/23 at 9:39 am to Chucktown_Badger
quote:
Explain to me how this works, in your opinion? If I have 42 million dollars of drug money and I spend it on a painting, that's not laundering it, that's spending it.
Very little oversight into art dealings (or used to be).
In my understanding, which is limited, you'd buy the art with drug money through a shell/holding company which no one cares about. Anonymous buyers and sellers are very common in the art world. Then transfer asset to another and sell the art a few years later for clean money.
It's more complicated than that though.
Posted on 10/25/23 at 9:41 am to CatfishJohn
Yes, the will often to do it at ultra inflated prices, sometimes even buying and selling effectively "to themselves" through all kinds of shell corps.
Posted on 10/25/23 at 9:42 am to OysterPoBoy
quote:
They put the money in the frame.
Do you have any idea what a frame that big would cost?
Actually, the canvas is probably a custom job, since Hobby Lobby does not carry and that size.
Also, I figure it at least a quart of custom mixed paint from Lowes.
Any way you look at it, all of these things add to the value of the work.
I bet, just the wire to hang it was tree fifty.
This post was edited on 10/25/23 at 9:45 am
Posted on 10/25/23 at 9:45 am to Fun Bunch
quote:“It’s a very important piece.” ”Get the frick outta here!”
Discerning art critics of the OT, thoughts?
Posted on 10/25/23 at 9:46 am to PuntBamaPunt
quote:
One could say that any child could make a drawing like Twombly only in the sense that any fool with a hammer could fragment sculptures as Rodin did, or any house painter could spatter paint as well as Pollock. In none of these cases would it be true. In each case the art lies not so much in the finesse of the individual mark, but in the orchestration of a previously uncodified set of personal "rules" about where to act and where not, how far to go and when to stop, in such a way as the cumulative courtship of seeming chaos defines an original, hybrid kind of order, which in turn illuminates a complex sense of human experience not voiced or left marginal in previous art.
Posted on 10/25/23 at 9:49 am to etm512
Art suckers are born every minute. One of the images below is by a famous artist and goes for thousands of dollars. The other is by my 11-year-old granddaughter and cost $3.50.
Popular
Back to top
Follow TigerDroppings for LSU Football News