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I think it's kind of awesome. Art prices are so made up and abstract that if someone can game the system then good for them. And this article feeds into that pl
by forrestthewoods 12y ago
I think it's kind of awesome. Art prices are so made up and abstract that if someone can game the system then good for them. And this article feeds into that plan perfectly. If he gets someone's $500,000 hospital bill taken care of in exchange for two large paintings well I'd call that a hell of a deal for the artist.
- zwtaylor 12y agoAt the moment fine art is perhaps the most bubbly asset on the planet. The wealthy are clamoring for exotic plays to invest their cash in. A acquaintance of mine who is an art-handler tells me much of the art they move is stored in warehouses in New Jersey solely in the hope that it can be resold at a vastly inflated price in the future.
- whybroke 12y ago>...I'd call that a hell of a deal for the artist. And I'd call that a hell of a deal for the hospital.