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(Vanity Fair)   The Con Artist: How did a self-described German hippie pull off one of the biggest cons in art-world history?   (vanityfair.com) divider line 54
    More: Interesting, Germans, Black Forest, Freiburg, installation arts, South China Sea, Winnebago, industrial designers, art forgery  
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11973 clicks; posted to Main » on 12 Oct 2012 at 12:39 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-12 06:07:50 PM

busy chillin': that leads me to believe location matters...sort of like how the artist that produced it matters.


Well, yes. Location does matter. A stockbroker working in the city of London will pay more for a house in London because it's more convenient for work.

But a good copy is so close that very, very few people could tell the difference. The only benefit of buying the original is because you own the original. Sure, it will then have more value, but that's only because others will buy it, and that becomes a circular argument because you had to pay more in the first place.

The REAL reason for buying original art is to impress people about how rich you are. It's why people buy shiat in a can that costs £100K. To show to others that they've got that sort of money. That earns you prestige and probably pussy.
 
2012-10-12 06:45:18 PM

Dirtybird971: sooo many words for what two sentences would accomplish.

"He did it for the money and because he could. Also, most art is garbage, and is therefore easy to fake."


Through in two.
 
2012-10-12 07:32:59 PM

farkeruk: busy chillin': that leads me to believe location matters...sort of like how the artist that produced it matters.

Well, yes. Location does matter. A stockbroker working in the city of London will pay more for a house in London because it's more convenient for work.

But a good copy is so close that very, very few people could tell the difference. The only benefit of buying the original is because you own the original. Sure, it will then have more value, but that's only because others will buy it, and that becomes a circular argument because you had to pay more in the first place.

The REAL reason for buying original art is to impress people about how rich you are. It's why people buy shiat in a can that costs £100K. To show to others that they've got that sort of money. That earns you prestige and probably pussy.


If you know your particular genre well you can build a nice collection for a fraction of what it would cost paying top dollar. And art is a great investment if you know what you are doing.
 
2012-10-12 09:34:59 PM

DeathByGeekSquad: This was a fascinating article, thanks for submitting it subby!


totes.
 
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