People buy such art work and donate them to musiums and get tax deductions ..

Or they just buy them in cash from artists and later on get their money back ..ie money laundering schemes

Awwn
That Oppenheimer Blue Diamond is very beautiful.
I go buy am

Wait oo,, Explorers how much you say e be again?

Explorers:


Sometimes, i dont understand why people spend millions of $ on just rough drawings.

Lol....most are used for money laundering on a lowkey....let's say I have $200m to launder... I can easily call my art dealer/critique friend and have him appraise a piece of art for $200m....I set up a Phantom Auction and buy it for $200m....after I pay the money the auction company receives it and wires $180m to a secret account to eliminate all traces to me while keeping their own share

fasho01:



Thank you for this educative piece.

Asides the gigayacht, for me every other piece there seem far too overpriced

Not Liz Taylor's jewels. That would always appreciate in value and diamonds are indestructible from elements.
A yacht is still mechanical, like a car and would not appreciate in value as soon as it clears the dock. Instead, it drains your funds even if u turn it to an economic good - exclusive charters etc. It has a lifespan.

vivaciousvivi:

Not Liz Taylor's jewels. That would always appreciate in value and diamonds are indestructible from elements.
A yacht is still mechanical, like a car and would not appreciate in value as soon as it clears the dock. Instead, it drains your funds even if u turn it to an economic good - exclusive charters etc. It has a lifespan.

Precious stones, the older they get, the more they appreciate in value.

Lalasticlala

Explorers:


Precious stones, the older they get, the more they appreciate in value.

Lalasticlala

Yes o

Explorers:
Giacometti’s Pointing Man - $141.3 million (₦60.2B)



“Pointing Man” or “L’homme au doigt”, a life-sized sculpture of a thin man pointing in typical Giacometti style was sold $141 million at Christie’s auction in New York in 2017.

The same auction where Pablo Picasso's art Les Femmes d'Alger was sold.

The sculpture created by the Swiss artist in just one night.

60 billion naira for a skeletal man pointing to God knows what? This is ridiculous

Explorers:
Fauteuil Aux Dragons by Eileen Gray $28 million
Once owned by Yves Saint Laurent, and designed by Irish artis,t Eileen Gray, a 24 inches high unique chair known as a ‘dragon’s’ armchair.

It was sold for 28.3 million dollars, setting a world price record for a work of decorative and applied art of the 20th century.

Send this picture to Tunde Furniture and he will create an exact replica. Wtf!

Weirdly, or should I say funnily enough, I do not consider some of the prices outrageous for these pieces o. It's like my brain have left the Nigerian in me behind and is thinking of its own volition, try as much as I might to see the wastage here...

Lord, is this a sign to your daughter? Speak to me, Father. Audulemua banzelemua paraska iskebolaite eloiseyourmanna. Will I be this stupidly rich that I will be spending 50 billion naira on sculptures and jewelries?

I love all the collections here. All!

Antihelminth:
People buy such art work and donate them to musiums and get tax deductions ..

Or they just buy them in cash from artists and later on get their money back ..ie money laundering schemes

Does this mean no artwork or iconic items ever cost that much? If it is a moneylaundering scheme, why e never cast?

Explorers:
Sometimes, i dont understand why people spend millions of $ on just rough drawings.

Reminds me of Kiekie trying to sell a "Sapa" drawing to a man in this skit. And na so dem dey always do... the art lovers.


https://www.youtube.com/watch?v=dC7Af3Paw3I

Explorers:
Les Femmes d’Alger (Version O) by Pablo Picasso - $179.4 million (₦76.4B)


The Women of Algiers by Pablo Picasso was the most expensive artwork ever sold at auction for $179 million in New York in 2015.

Record was broken by Leonardo Da Vinci’s Salvator Mundi in 2017.

The women of Algiers... Damn!!! Would love to have one... As a gift.

iamyemiakins:
So, artwork dey expensive pass yacht for this auctioning business

People get money to throw around over there sha

It's a way to launder money tax free. You place a value on it and can be use for collateral in future.

Magnoliaa:


Does this mean no artwork or iconic items ever cost that much? If it is a moneylaundering scheme, why e never cast?

Lol it would not cast because it's not just done by everybody

Explorers:
Auctions have long been full of dram, from furious bidding wars to ridiculous prices, astronomical sums of money and the finality of the thud of the auctioneer’s hammer have captured the imagination of the public for decades.

Below are some of the world's most expensive stuffs ever sold/purchased at auction.





https://www.indiatimes.com/trending/social-relevance/15-most-expensive-things-ever-sold-at-auction-544883.html

Stop converting to that useless currency called naira .
If any of my earned money stays in naira ,for up to 24 hours, I will begin to panic, I immediately convert all my earned naira to stocks and other dollar asset classes

Explorers:
Auctions have long been full of dram, from furious bidding wars to ridiculous prices, astronomical sums of money and the finality of the thud of the auctioneer’s hammer have captured the imagination of the public for decades.

Below are some of the world's most expensive stuffs ever sold/purchased at auction.



https://www.indiatimes.com/trending/social-relevance/15-most-expensive-things-ever-sold-at-auction-544883.html

Jesus photo is expensive......mohammed & alla aint!!( no ooofeinsce)

You forgot to add chelsea FC

BluntCrazeMan:
Let me anchor my ship here

One Pyrate sighted

But no artist from our nigeria most sophisticated people sold his own?how much is ori oduduwa?

Money laundering schemes

That Saudi Crown Prince get Bastard Money

E get one project he want run (Project Neon) it will cost a trillion Dollars chai

Ishilove:

Send this picture to Tunde Furniture and he will create an exact replica. Wtf!

Nothing spectacular about it.

I follow Muri talk sef, hin say make I bring 50k hin go run am

Some people don't know what to do with money...

Wow

Do you want a logo that'll drive in sales for your brand?

Do you want a logo that distinguishes your brand from a pool of similar brands out there?

Do you want your brand to stand out like Indomie does amongst other noodles' producers?

Here's the deal:

We'll design a unique logo for your brand.
One that suits it and that'll attract sales.

But you'll not pay a single dime until the job is completed.

And you'll only pay a token of N3,000 if you are satisfied with our work after completion.

You won't need to pay if you are not satisfied with it.

In fact, we'll ask you to keep the logo as an apology for not satisfying YOU.

However, the slots are limited.

So if you're interested in this offer, you'll have to hurry and grab it now before you miss out.

REACH US NOW:
WhatsApp: 0 70 32 8 56 7 64
E-mail: vyraldesigns1 @ gmai l.com

PS: You need not bother if you don't really desire growth for your brand because you'll end up wasting our time.

White people are weird

Explorers:
Portrait of an Artist (Pool with Two Figures) by David Hockney $90.3 million (₦38.5B)


British artist David Hockney had surpassed Jeff Koons in selling the world's most expensive artwork by a living artist. The achievement happened at a Christie auction in 2018.

We would appreciate if you can include age of the art work

That Da vinci was a wizard that man was years ahead of his time. I believe he did a lot they did not reveal to us