Inevitably come to mind the prophetic words of Andy Warhol, who recognized business in art and art in business. By this, the existence of the same motive, both in profit and in the creation of paintings.
Purchase of art can be compared only with a tape measure. In fact, the risk is not significant, the more valuable the picture, the greater the chance that in the future it will bring profit to its owner.
The art market is a very complex system. How to understand for example, when one billionaire sells another billionaire a picture for a hundred million or more. (In November 2006, David Geffen, a magnate from Hollywood, sold the picture of Woman III, artist William Koening, to billionaire Stephen A. Cohen for $ 137.5 million.) What is the point? Or when the same David Geffen, artist Jackson Pollock, for 140 million dollars .. Continue reading
Pablo Picasso painted one of his famous portraits in less than 5 minutes
One of his acquaintances, Pablo Picasso, while examining his new works, sincerely told the artist: “Sorry, but I can’t understand it. Such things simply do not exist. ” To which Picasso retorted: “You don’t understand Chinese either. But he still exists. ” However, Picasso did not understand many. Once he suggested to the Russian writer Ehrenburg, his good friend, to write his portrait. He happily agreed, but did not have time to sit in a chair to pose, as the artist said that everything was ready. Continue reading