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(Daily Mail)   $155M, highest price ever paid for an artwork by a U.S. collector paid for Picasso's "Fat Chick With a Penis Growing Out of Her Chin Playing With Herself"   (dailymail.co.uk) divider line 102
    More: Interesting, Picasso, U.S., SAC Capital Advisors, Francis Bacon, Damien Hirst, Bellagio, asking prices  
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19656 clicks; posted to Main » on 27 Mar 2013 at 10:46 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-27 09:32:00 AM  
Sure beats "Cum Gurgler"
www.slate.com


And let's not forget "Unibrow Holding Severed Feet"

cdn.thedailybeast.com
 
2013-03-27 09:50:18 AM  
...And Picasso, what a ghastly old goat! I kept telling him, "Concentrate, Pablo. It's one eye, either side of the face".
 
2013-03-27 10:24:31 AM  
 
2013-03-27 10:49:57 AM  
Or my personal favorite, "Giant Tree Farting at the Moon".

i1282.photobucket.com
 
2013-03-27 10:53:46 AM  
What am I bid for Vermeer's 'Lady Who Used to be at a Window'? Do I hear two bob?
 
2013-03-27 10:57:36 AM  
Meh degenerate modern art isnt worth the canvas its painted on.
 
2013-03-27 10:58:10 AM  
images4.static-bluray.com
 
2013-03-27 11:05:32 AM  

Oldiron_79: Meh degenerate modern art isnt worth the canvas its painted on.


hobby lobby sells prints of apples in bowls. Thomas Kincade as stuff for sale as well.
 
2013-03-27 11:06:15 AM  
The hotelier agreed at the time to release Cohen - who is worth around $9.3billion - from the sale and repair it. Now he has sold it to Cohen for $16 million more than the pre-damaged price.


Wynn must have repaired it with the really nice duct tape, the kind with the gold flecks in it.
 
2013-03-27 11:06:30 AM  

Because People in power are Stupid: sopablo picasso was never called an asshole


came here for that, leaving satisfied
 
2013-03-27 11:07:50 AM  
The stupidity of the art world. If Picasso had made a dirty protest on a canvas, it would be worth thousands.
 
2013-03-27 11:10:35 AM  
.... dot tumblr dot com
 
2013-03-27 11:14:04 AM  

busy chillin': Oldiron_79: Meh degenerate modern art isnt worth the canvas its painted on.

hobby lobby sells prints of apples in bowls. Thomas Kincade as stuff for sale as well.


And you can buy a canvas with poo flung on it by monkys for a lot less than the picasso.
 
2013-03-27 11:14:09 AM  

snowybunting: The hotelier agreed at the time to release Cohen - who is worth around $9.3billion - from the sale and repair it. Now he has sold it to Cohen for $16 million more than the pre-damaged price.


Wynn must have repaired it with the really nice duct tape, the kind with the gold flecks in it.


I guess it adds value to have a Las Vegas hotel owner's elbow punch a hole through it
 
2013-03-27 11:16:07 AM  

Oldiron_79: busy chillin': Oldiron_79: Meh degenerate modern art isnt worth the canvas its painted on.

hobby lobby sells prints of apples in bowls. Thomas Kincade as stuff for sale as well.

And you can buy a canvas with poo flung on it by monkys for a lot less than the picasso.


as it should be.

if I had millions I would pay a million for a Picasso.
 
2013-03-27 11:17:15 AM  
A billionaire hedge fund manager bought Picasso's Le Rêve for $155million - t$16million more than he first agreed to pay right before its previous owner tore a hole in it with his elbow. Steven A. Cohen, whose SAC Capital just settled two insider-trading lawsuits with the government for $616 million, bought himself the belated gift after first agreeing to but it for $139milllion in 2006 from Vegas mogul Steve Wynn. The price is estimated to be the highest ever paid for an artwork by a U.S. collector

what's awesome is that this guy pays less tax as a percentage of his income than you or i. is america great or what!
 
2013-03-27 11:18:07 AM  

Mentat: Or my personal favorite, "Giant Tree Farting at the Moon".


Huh. I always thought that was supposed to be Minas Morgul.
 
2013-03-27 11:20:18 AM  
His "Choices in bar after 10 pm"

yareah.com
 
2013-03-27 11:20:24 AM  
Not to be all Indiana Jones about this but it belongs in a museum.
 
2013-03-27 11:20:59 AM  
My favourite has always been the Fallen Madonna With The Big Boobies by Van Klomp.
 
2013-03-27 11:22:27 AM  

Because People in power are Stupid: sopablo picasso was never called an asshole

Not like you and not like me.


Beat me there. My hat's off to you, sir.
 
2013-03-27 11:23:12 AM  
Wow! She can blow you and bang you at the same time!
 
2013-03-27 11:23:42 AM  
I always thought it would be great if someone found a well hidden Picasso journal where he discusses his digust at himself for sucking at painting.
 
2013-03-27 11:24:04 AM  
It's a singularly lovely painting, but ever since I've noticed the pen0r I haven't been able to look at it without a smirk.
 
2013-03-27 11:26:39 AM  
So Steve Wynn made $60 million extra by putting his elbow through a painting.

That's how rich people roll, I guess.
 
2013-03-27 11:26:42 AM  

Oldiron_79: Meh degenerate modern art isnt worth the canvas its painted on.


It's not my thing, but the price of something is what the last person is willing to pay for it. And there are a whole bunch of people with a lot of money that have convinced themselves that this stuff has value. Most of the time they are buying it for an investment, not because the think it has artistic merit.  It is a fascinating thing.
 
2013-03-27 11:27:56 AM  

Glancing Blow: His "Choices in bar after 10 pm"


yareah.com
I prefer "YMCA's women's locker room"
 
2013-03-27 11:27:59 AM  
Much more titillating than Monet's Lemon Party...
 
2013-03-27 11:29:11 AM  
/dammit
 
2013-03-27 11:30:51 AM  

DoBeDoBeDo: I always thought it would be great if someone found a well hidden Picasso journal where he discusses his digust at himself for sucking at painting.


4.bp.blogspot.com
 
2013-03-27 11:32:24 AM  
Steve Wynn SOLD both the Bellagio and Mirage back in 1999. Quality reporting there Lou.
 
2013-03-27 11:33:22 AM  
I like how the painting gained value after getting wrecked and then fixed.

This Cohen guy makes bad choices, and is criminal on how he got his money. The fact that he owns anything by Hirst shows he has more money than good taste.

/que pawn stars "sure at auction it would be worth $150million, but it's gonna sit in my store for a while, I'll give you ten grand"
 
2013-03-27 11:34:46 AM  

FlashHarry: A billionaire hedge fund manager bought Picasso's Le Rêve for $155million - t$16million more than he first agreed to pay right before its previous owner tore a hole in it with his elbow. Steven A. Cohen, whose SAC Capital just settled two insider-trading lawsuits with the government for $616 million, bought himself the belated gift after first agreeing to but it for $139milllion in 2006 from Vegas mogul Steve Wynn. The price is estimated to be the highest ever paid for an artwork by a U.S. collector

what's awesome is that this guy pays less tax as a percentage of his income than you or i. is america great or what!


Unless you are i are part of the 47%
 
2013-03-27 11:34:47 AM  

Your Black Muslim Credit Union: I like how the painting gained value after getting wrecked and then fixed.

This Cohen guy makes bad choices, and is criminal on how he got his money. The fact that he owns anything by Hirst shows he has more money than good taste.

/que pawn stars "sure at auction it would be worth $150million, but it's gonna sit in my store for a while, I'll give you ten grand"


10 grand? Try fifty bucks.
 
2013-03-27 11:34:50 AM  
You would figure as the super rich just get more and more of all the money in the world these kinds of very high end items will just go up in price.
 
2013-03-27 11:38:03 AM  

jaybeezey: Unless you are i are part of the 47%


lolwut?
 
2013-03-27 11:38:25 AM  
i.dailymail.co.uk
"farkface"
 
2013-03-27 11:39:12 AM  

DoBeDoBeDo: I always thought it would be great if someone found a well hidden Picasso journal where he discusses his digust at himself for sucking at painting.


Mark Rothko's work originated from the gallery picking up his decorator's tester board by mistake.
 
2013-03-27 11:42:15 AM  
shiat like this is why the rich hire the conservatives to perpetuate the notion of religious morals.  because people who love Jesus don't riot with torches and pitchforks.
 
2013-03-27 11:42:48 AM  
Art is good for separating idiots from their money. Actually... I think that's ALL it's good for.
 
2013-03-27 11:43:39 AM  
Never quite understood Picasso's popularity. I'm more of a impressionist/ post-impressionist guy myself. If I could own any one major piece of artwork, it would be one of the paintings in Monet's Rouen Cathedral series. Cubisim has just never done it for me- the crap they shiat out these days even less. IMO, the impressionists hit the sweet spot between skillful composition and innovative technique. These days, it's just competitive masturbation over who can use the most "innovative" techniques and materials.

I did have fun at MOMA last time I was in New York. See the late and post impressionists, and just tee off making fun of the newer stuff with a friend. Low hanging fruit and all that.
 
2013-03-27 11:45:47 AM  
Even better, the purchase is tax-deductible. As though someone as rich as him would ever pay taxes
 
2013-03-27 11:48:57 AM  

hitlersbrain: Art is good for separating idiots from their money. Actually... I think that's ALL it's good for.


Oh FFS
 
2013-03-27 11:53:08 AM  
Yeah, well, it comes easy to me. I'm Picasso!
 
2013-03-27 11:57:17 AM  

farkeruk: Mark Rothko's work originated from the gallery picking up his decorator's tester board by mistake.


I laughed my way through the Rothko episode of The Power of Art.  What a colossal con job.
 
2013-03-27 11:59:31 AM  

busy chillin': DoBeDoBeDo: I always thought it would be great if someone found a well hidden Picasso journal where he discusses his digust at himself for sucking at painting.

[4.bp.blogspot.com image 315x336]


So you don't get jokes?   You must be a blast at parties.
 
2013-03-27 12:02:04 PM  
ts4.mm.bing.net
I love the classics myself.
 
2013-03-27 12:03:13 PM  

farkeruk: The stupidity of the art world. If Picasso had made a dirty protest on a canvas, it would be worth thousands.


IIRC he actually said something to that effect.  My sister seriously studied art for a while (she actually made some pretty good shiat that got offers n' stuff) and she assures me Picasso was damn good, but I have to be honest and admit I can't tell the difference between his work and a fourth-grader's.  The most I gathered from my sister's explanation of cubism is that it's not the aesthetics so much as deconstructing art itself.  Artists first learn how to paint or sculpt as realistically as possible and Picasso would make a mockery of it, but not by just smearing paint on a canvas.

The best analogy I can think of is challenging a mechanical engineer to design the worst possible car that was street-legal and actually functioned reliably enough to sell (a.k.a. the Homer).  You're working within strict constraints you've honed to optimize for all while making a mockery of them in every way your imagination can think of.  For example, you'd have to find the worst possible injection & ignition timing that didn't kill the engine at a certain rpm.  You'd have to find ghastly trim materials that aged rapidly but don't degrade structurally.  The seat would have to be as ugly and uncomfortable as possible without endangering the occupant in a crash.  At first it's difficult, but the variations are limitless.  It actually wouldn't be any easier than designing a good car but it would take another engineer to actually see what the point was, so it doesn't surprise me that it would take a serious artist to understand what Picasso was doing.  Thing is, most people who can afford to buy Picasso's works aren't artists.
 
2013-03-27 12:03:36 PM  

cptjeff: Never quite understood Picasso's popularity. I'm more of a impressionist/ post-impressionist guy myself. If I could own any one major piece of artwork, it would be one of the paintings in Monet's Rouen Cathedral series. Cubisim has just never done it for me- the crap they shiat out these days even less. IMO, the impressionists hit the sweet spot between skillful composition and innovative technique. These days, it's just competitive masturbation over who can use the most "innovative" techniques and materials.


Here's the bottom line on modern art: if you lived in late 19th century art, the biggest audience, most expressive and most money was in painting and sculpture. So, the best artists were painting and sculpting. What happened in the early part of the 20th century? Cinema. All the best artists leaped into a new form that delivered the most expression, biggest audience and most money. Renoir's son didn't become a painter, he became a film director (La Règle du Jeu is worth a look). A vacuum was left in terms of gallery art, and was filled by charlatans supplying crap, to an audience who still clung onto the old snobbery about the importance of art galleries.
 
2013-03-27 12:05:47 PM  

DoBeDoBeDo: busy chillin': DoBeDoBeDo: I always thought it would be great if someone found a well hidden Picasso journal where he discusses his digust at himself for sucking at painting.

[4.bp.blogspot.com image 315x336]

So you don't get jokes?   You must be a blast at parties.


Well, I have been in so many of these threads about art so I never know. People spew hate and ignorance like gospel so I replied.

mi malo
 
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