Comments

You must log in or register to comment.

t1_j96wnc8 wrote

A $42,000 limited edition sculpture — one of 799, now 798.

Holy…! I’m starting to put more credence in “art is legal money laundering for the rich” theories. I could see one or maybe even a limited edition of like 5 for this price. EIGHT HUNDRED of these are a mass-produced commodity.

Oh, my bad, that’s why it was only 799 of them, not 800. eyeroll

109

t1_j9754m1 wrote

Also: Name a $42,000 small, portable, fragile object that you'd put on display where anyone can just touch it or knock it over.

Same for all those paintings worth millions that are just hung on a wall. It's an insurance scam. They're hoping they would be damaged.

And you can still enjoy them perfectly well if they were in a display cabinet or behind a sheet of perspex.

12

t1_j97mexx wrote

Curators are not hoping shit gets fucked up, that’s ludicrous.

31

t1_j97t9iq wrote

There are curators and there are curators, I believe that the ones caring for art that isn't mass produced crap probably care a lot more than ones looking at the 799'th balloon animal in a series.

1

t1_j979kr3 wrote

Now that you mention it you may be right. I buy a painting for $1million, value goes to $20 million. I loan it out and someone lights it on fire. I collect $20 million, but since it is insurance payment for damages it is not taxable. Am I right?

7

t1_j97g92y wrote

Capital gains may come into play, but I'm not an accountant.

5

t1_j99z5id wrote

But if you donate it to a museum, you can donate the full $20 million AND not be taxed on the increase.

Changing that was considered when they changed the law from you deducting the blue book value of your donated car to only the amount actually received. Apparently the museum lobbyists are better than the PBS lobbyists.

2

t1_j9aras3 wrote

The dude can just make another one easily. It’s the IP that costs 40k not the art itself. It’s essentially an NFT.

1

t1_j96l3ac wrote

Oh god, what an incalculable and incredible loss to the world of art.

...said no one with a straight face.

15

t1_j96rnrj wrote

What’s your point? It’s still a dick head thing to do.

5

t1_j97nqcm wrote

My point is that a balloon animal remains a balloon animal, regardless of its noted monetary value or location in a museum. It's a dick move to vandalize things, it's also no great loss to the world that this balloon animal popped.

Both of those things are true.

−7

t1_j98rhdc wrote

>The sculpture was part of a limited edition which has now shrunk from 799 to 798.
>
>"That's a good thing for the collectors," Mr Boero told the Times, laughing.

I really hope the insurance company doesn't give them a penny, give them something to really laugh about.

11

t1_j970egz wrote

With respect there have been quite a number of Chinese balloons on the loose lately and people are on edge. Jeff Koons entire portfolio may be at heightened risk from fearful 2nd Amendment enthusiasts.

9

t1_j98uupz wrote

An event for the wealthy, by the wealthy, in which a wealthy person accidentally destroys a small glass token that wealthy people value at the cost of a small home.

All the wealthy just laugh it off because the remaining glass tokens are now more valuable to the wealthy. Champagne everyone! Even our farts smell delicious.

9

t1_j98ymo5 wrote

Everything you said is accurate except the small house. It looks like it is only valued at $40k which is unfortunately far from the price of a house.

10

t1_j97ns4f wrote

It would be more interesting as art if they continued displaying it as broken shards.

5

t1_j96zopm wrote

Now they'll have to save up their Rockstar bucks to buy a new one at the Diamond Casino.

4

t1_j991pav wrote

the world could do with a little less koons "art" imo.

3

t1_j97w23a wrote

I am very disappointed in people sometimes.

2

t1_j991ooi wrote

The woman who did this was my friend's grandma, AMA

1

t1_j9cpwra wrote

I love Robert Hughes take on Koons.

“The slimy assurance, the gross patter about transcendence through art, of a blow-dried Baptist selling swamp acres in Florida”. You can’t imagine America’s singularly depraved culture without him”.

1

t1_j9cqbp8 wrote

"The sculpture was part of a limited edition which has now shrunk from 799 to 798." Exclusive collection, sort of.

1

t1_j9acbak wrote

The fact that she wasn’t arrested or had charges placed is the clearest sign that this was broken by a white woman.

−2