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Post Info TOPIC: Abstract art $75 million


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Abstract art $75 million


Dutch painter Piet Mondrian's Composition No. II sells for more than $75 million at Sotheby's auction

 

https://www.abc.net.au/news/2022-11-16/piet-mondrian-paintings-sothebys-auction/101659484

 

I really wonder what is going on. Is it actually another way of money laundering? I fail to see anything of any substance in it, or am I blind?



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Truly drug money, when, I am blind as well

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Meanwhile kids in poorer countries die of starvation. no



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Rather ordinary in my opinion but I could do it.

I wonder how the 'experts' describe it.

 

For a long time I have been considering doing some dot art or even the thatch work style that Jonny Bullen Bullen used (I have two of his that I picked up in Darwin in 1976).  Got as far as a few pencil sketches & a book on oil painting techniques.   Maybe one day when I'm old I'll have a go.

Here's a critique   Composition II in Red, Blue, and Yellow, 1929 by Piet Mondrian (piet-mondrian.org)

.What a load of crap.



-- Edited by Cupie on Wednesday 16th of November 2022 04:25:00 PM

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Has nothing to do with value. It's what happens when things become 'collectable' & investors replace enthusiasts.

I used to own & ride motorcycles which were just bikes. Back then motorcycles were only owned by enthusiasts/riders. Then came the yuppie collectors & prices skyrocketed beyond affordability of many.

Art is at the extreme end of the continuum.

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Cupie wrote:

Rather ordinary in my opinion but I could do it.

I wonder how the 'experts' describe it.

 

For a long time I have been considering doing some dot art or even the thatch work style that Jonny Bullen Bullen used (I have two of his that I picked up in Darwin in 1976).  Got as far as a few pencil sketches & a book on oil painting techniques.   Maybe one day when I'm old I'll have a go.

Here's a critique   Composition II in Red, Blue, and Yellow, 1929 by Piet Mondrian (piet-mondrian.org)

.What a load of crap.



-- Edited by Cupie on Wednesday 16th of November 2022 04:25:00 PM


 

I have seen dogs that create better art... from either end!



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You are all saying that you could do better. Im waiting to see. Put up your best paintings so we can critique them.
Me, I dont even paint the fence.

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Collected my grand-daughter from kinda the other day, there were lots of far better ones on the walls. My estimation would be about 2 billion dollars worth.

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86GTS wrote:

Collected my grand-daughter from kinda the other day, there were lots of far better ones on the walls. My estimation would be about 2 billion dollars worth.


 We are the stupid ones. The kids know where the money is!



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I cannot see why this modern stuff attracts so much attention, to me it has no meaning. My daughter on a recent trip to Thailand came back with a painting done by an elephant using his/her trunk. Now that has meaning!!!!

Nuff sed.



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I've seen better art in shower cubicles.

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Biggest art sale in history as Microsoft co-founder Paul Allens collection fetches $1.5bn

Works by Georges Seurat, Paul Cézanne, Vincent van Gogh and Gustav Klimt each sell for more than $100m, with more set for auction on Thursday

Les Poseuses by Georges Seurat in one of a number of works from the estate of Microsoft co-founder Paul  Allen that were sold at Christies.
Les Poseuses by Georges Seurat in one of a number of works from the estate of Microsoft co-founder Paul Allen to be sold at Christies. Photograph: Guy Bell/REX/Shutterstock
 
Staff and agencies
Thu 10 Nov 2022 16.29 AEDTLast modified on Mon 14 Nov 2022 23.08 AEDT
 
 

Dozens of works by artists including Paul Cézanne and Vincent van Gogh fetched a total of $1.5bn at an auction of the late Microsoft co-founder Paul Allens vast collection of paintings and sculpture.

The total represented the highest amount ever collected at a single art auction, according to the auction house, Christies in New York. Proceeds will be donated to philanthropic causes in accordance with the wishes of Allen, who died in 2018.

 

Allen personally selected all the works, which span more than 500 years, rather than relying on an art buyers to pick them out as some billionaires do.

When you look at a painting youre looking into a different country, into someone elses imagination, how they saw it, Allen said when some of his collection went on show in 2016.

Several of the winning bids smashed previous records for individual artists and many exceeded the expected sales prices estimated by Christies.

Before Wednesdays sale, Christies said it was poised to be the largest and most exceptional art auction in history, eclipsing the $922m achieved by the sale of the Macklowe collection in May, after the divorce of the property tycoon Harry Macklowe from his wife, Linda.

Among the priciest works sold was Pointillist pioneer Georges Seurats Les Poseuses, Ensemble (Petite version), an 1888 oil on canvas depicting three nude women. It fetched $149.2m including fees, a record for a Seurat piece.

Cézannes La Montagne Sainte-Victoire, a colourful landscape painted from 1888-1890, sold for $137.8m, another record. And a Gustav Klimt 1903 painting, Birch Forest, set the high mark for a Klimt work, selling for $104.6m.

Paul Cézannes La Montagne Sainte-Victoire, painted in 1888-1890.
Paul Cézannes La Montagne Sainte-Victoire, painted in 1888-1890. Photograph: © Christies Images Limited 2022

Other notable sales included the highest price ever for a van Gogh painting. The artists Verger avec cyprès sold for $117.2m. Paul Gauguins 1899 oil on burlap Maternite II fetched $105.7m.

Vincent van Goghs Verger avec cypres.
Vincent van Goghs Verger avec cypres. Photograph: © Christies Images Limited 2022

Paintings by Georgia OKeeffe, Claude Monet, David Hockney, Andrew Wyeth and Pablo Picasso also sold, along with sculptures by Alexander Calder and Max Ernst.

A 1905 print of a photograph by Edward Steichen, The Flatiron, sold for $11.8m, a record for a Steichen work and nearly four times Christies highest estimate.

Additional pieces from Allens collection will be offered at auction on Thursday.

With Reuters

 



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Sometimes a picture can say a thousand words, or in this case $75M worth of words
Holding up inflation.png



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