MATTHEW Bissanti
@markerdragon
17 May, 09:30
tlove, [5/17/2022 8:27 AM]
[Forwarded from The Awakened Species ☀️]
[ Photo ]
Onement VI is a painting which sold for a price of $43.84 million.
I bet you're thinking who in the world would pay 43m for this painting that you can DIY for 30$.
Allow me to explain how this goes.
*Millionaire makes $43m in 2022
*He hires an artist to make "art" for $25k
*Artist puts one streak on canvas.
*Millionaire thanks artist, and has art appraised by an appraiser who is in his same circle of friends.
*Appraiser values artwork at $43m
*Millionaire donates $43m artwork to museum to get $43m tax written off
*Millionaire pays no taxes in 2022.
*Me at museum: This is literally stupid, it's just a line on a canvas.
*Person next to me: No, you just don't understand it because you're uncultured..
🤡 🌎
Join awakenedspecies
[Forwarded from The Awakened Species ☀️]
[ Photo ]
Onement VI is a painting which sold for a price of $43.84 million.
I bet you're thinking who in the world would pay 43m for this painting that you can DIY for 30$.
Allow me to explain how this goes.
*Millionaire makes $43m in 2022
*He hires an artist to make "art" for $25k
*Artist puts one streak on canvas.
*Millionaire thanks artist, and has art appraised by an appraiser who is in his same circle of friends.
*Appraiser values artwork at $43m
*Millionaire donates $43m artwork to museum to get $43m tax written off
*Millionaire pays no taxes in 2022.
*Me at museum: This is literally stupid, it's just a line on a canvas.
*Person next to me: No, you just don't understand it because you're uncultured..
🤡 🌎
Join awakenedspecies
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A lot of abstract art is crap. A lot of it is great! However, the pricing is purely arbitrary. The scam has been going on since the end of WWll.
If you wish to "invest" in any art, please refrain from doing so.
Buy only what you would like to see hanging on your wall everyday.
Investing in antiques is more sensible; clear markets exist for this.
If you wish to "invest" in any art, please refrain from doing so.
Buy only what you would like to see hanging on your wall everyday.
Investing in antiques is more sensible; clear markets exist for this.
09:48 AM - May 17, 2022
In response MATTHEW Bissanti to his Publication
Only people mentioned by silvercat in this post can reply
