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1932 Picasso painting sells for $106,482,500 ... a record for an auction ...

291fifth291fifth Posts: 25,252 ✭✭✭✭✭
...what is the auction record for a coin?

The auction of the 1932 Picasso painting "Nude, Green leaves & Bust," was at Christie's. Other paintings have reportedly sold for more, but not at auction.

The previous owner of the Picasso had bought it from Picasso's dealers in the 1950's. I'll bet they made quite a profit!

(Edited to correct the amount in the title.)
All glory is fleeting.

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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    106 million right? MJ
    Walker Proof Digital Album
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    relicsncoinsrelicsncoins Posts: 8,336 ✭✭✭✭✭


    << <i>...what is the auction record for a coin?

    The auction of the 1932 Picasso painting "Nude, Green leaves & Bust," was at Christie's. Other paintings have reportedly sold for more, but not at auction.

    The previous owner of the Picasso had bought it from Picasso's dealers in the 1950's. I'll bet they made quite a profit! >>



    I'm guessing you have some punctuation wrong in that number. I would think the record for an auction would be much higher than 100 grand.
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    itsnotjustmeitsnotjustme Posts: 8,789 ✭✭✭
    image

    $106 Million.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    tjkilliantjkillian Posts: 5,578 ✭✭✭
    Wow, I find that painting to be especially ugly.

    I would take a common-date wheat cent in XF over that painting. I could imagine so many things (read: coins) that I would rather have for that money.
    Tom

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    relicsncoinsrelicsncoins Posts: 8,336 ✭✭✭✭✭


    << <i>image

    $106 Million. >>



    I guess I'm not a conaseur.........That just doesn't even look appealing to me. I think a 6 year old with a box of crayons could come with something better than that.
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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Needs a boob job..........MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    llafoellafoe Posts: 7,220 ✭✭
    The painting is turned on it's side... that's probably why you guys don't like it! image
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    Mind blowing money!
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    291fifth291fifth Posts: 25,252 ✭✭✭✭✭
    I've never been much of fan of Picasso's post-1930 work.

    But then ...

    I'm not a fan of post-1930 coins either, the 1933 Double Eagle included.
    All glory is fleeting.
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    itsnotjustmeitsnotjustme Posts: 8,789 ✭✭✭
    The title is wrong too. It says leaves. I think that yellow green splotch is hair, after all, there is an ear showing.
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    Unique painting by a master. Unlike coins in many ways- You never have to worry about another one of those paintings turning up somewhere... i.e. the 1933 double eagle.... Amazing amount of money...

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    itsnotjustmeitsnotjustme Posts: 8,789 ✭✭✭
    Isn't the coin record $8 Million?

    And coins have two sides.... if tired of one, you can flip it (no pun) and look at the other side. I bet this Picasso doesn't have a whole additional picture on the back.... something to think about.

    Ogres have layers.

    Onions have layers.

    Crust might have layers.
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    droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>The title is wrong too. It says leaves. >>



    Ya gotta look at the WHOLE painting.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    CoinosaurusCoinosaurus Posts: 9,659 ✭✭✭✭✭
    The question is.......how much money would you have to have before you thought nothing of dropping $100M on a painting?

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    GoldbullyGoldbully Posts: 18,596 ✭✭✭✭✭


    << <i>

    << <i>The title is wrong too. It says leaves. >>



    Ya gotta look at the WHOLE painting. >>



    image

    Oh, now I get it!!! image
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    droopyddroopyd Posts: 5,381 ✭✭✭
    "Nude, Green Leaves and Bust," which had been hanging near the piano in the Holmby Hills estate of the late Sidney and Frances L. Brody since 1951, shows Picasso's mistress, Marie-Therese Walter, writhing naked beneath a classical bust that also represents her. Behind the bust is a looming profile of Picasso, his lips touching a bulbous leaf that crosses a male sex organ with a female one. Another sign of sexual intercourse is glimpsed in Marie-Therese's stiff thumb and open ear; they're artfully placed above a plate of apples that recalls Cezanne, father of Modern art, and Eve, mother of sexual desire.

    As for the green plant, it appears to be growing from Marie-Therese's side. She's transformed into the ancient Greek nymph Daphne, who morphed into a laurel tree in order to escape the grasping clutches of Apollo. And that, of course, leaves the artist in the grandiose role of Olympian god of truth, light and art.

    An image of the full painting is here.
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    image
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    No thanks I like pictures of nude women a bit more photo realistic. image
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    LakesammmanLakesammman Posts: 17,709 ✭✭✭✭✭
    A fool and his money........
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    EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I'd rather have the "Simpson" collection of Patterns, the Central America hoard, or John Ford's collection.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
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    BaronVonBaughBaronVonBaugh Posts: 1,839 ✭✭✭✭
    All I can say is: "If it was mine it would be for sale. I could use the money a lot more than the painting. "
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    cmerlo1cmerlo1 Posts: 8,082 ✭✭✭✭✭
    I said it before and I'll say it again- nothing wrong with a collector with money going after what they want...
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    MowgliMowgli Posts: 1,219 ✭
    I was the low bidder on that painting - sniped in the last seconds.
    In the land of the blind the one-eyed man is king.
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    metalmeistermetalmeister Posts: 4,633 ✭✭✭✭✭
    buyers remorse?image
    email: ccacollectibles@yahoo.com

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    RunnersDadRunnersDad Posts: 1,080 ✭✭✭


    << <i>I was the low bidder on that painting - sniped in the last seconds. >>



    Crap, I was hoping to snag the painting for a cool 75 million, but when it hit 75,000,001 I had to bow outimage
    Mike

    Visit my son's caringbridge page @ Runner's Caringbridge Page

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    pennyanniepennyannie Posts: 3,929 ✭✭✭
    I bet the new owner used his walking around money to buy it. I would like to see what else he owns. WOW!! What a chunk of change. I am happy just working toward a total net worth of 5 million.
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

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    droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>I am happy just working toward a total net worth of 5 million. >>



    I'm working toward that myself - just $4,983,475 left to get there!
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    LongacreLongacre Posts: 16,720 ✭✭✭
    No one loves Picasso more than Longacre, but I would have a problem dropping a cool $106 MM on that painting.
    Always took candy from strangers
    Didn't wanna get me no trade
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    << <i>The question is.......how much money would you have to have before you thought nothing of dropping $100M on a painting? >>



    Im guessing a 100x overimage
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    OPAOPA Posts: 17,175 ✭✭✭✭✭
    All you envious peasants, eat cake or buy coins.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    CommemDudeCommemDude Posts: 2,446 ✭✭✭✭✭
    I would rather buy a Caravaggio for that loot... there are only 80 in the world. That guy could have bought most of the 1913 nickels with the 16 million dollar juice image
    Dr Mikey
    Commems and Early Type
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    OffMetalOffMetal Posts: 1,684 ✭
    Wow, that Giacometti record ($104 million) didn't last long, did it? I was hoping that Christie's had posted a video of the auction on YouTube, like some of the other ones in the past, but it wasn't there...

    Not $100 million caliber, but for those who are interested in seeing what an expensive auction is like: A Rothko. Those nods and waves are quite expensive there!
    -Ben T. * Collector of Errors! * Proud member of the CUFYNA
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    DrBusterDrBuster Posts: 5,446 ✭✭✭✭✭
    That is an iconic piece. Many years ago I did an on-canvas study of that painting, then painted over it. It's a big painting. And that price is fine, especially considering Geffin dropped more than that on a Pollack a while back.

    Someday when I'm dead and gone I'd love to see any of my work fetch even 5% of that.
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    RTSRTS Posts: 1,408 ✭
    I think a 6 year old with a box of crayons could come with something better than that...not meant toward the author of the statement per se but this seems
    a common sentiment with regard to Cubism, Abstract Expressionism, Color Field painting etc. As many times as I have heard such I don't ever recall a painting by 6 year old
    being widely acclaimed and much sought after. Of course such art is not everyone's cup of tea but my guess is that most people of similar sentiment as above have never studied intimately
    the paintings they deride. To be fair there is a lot of art I despise/detest so I can understand the bewilderment often hostility toward abstract art though Picasso is not abstract art.
    As much as I love Picasso the $100M painting is quite far from a masterpiece, rather a love token really and the buyer was likely more impressed by the painter than the painting.

    full disclosure: my office is littered with the below pictures much to the consternation of my boss...

    image

    if interested the above is smattering of Gorky, Braque, Picasso, de Kooning, Kandinsky, Pollock and Modigliani. I have spent countless hours
    in museums looking at these pictures.
    image
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    PerryHallPerryHall Posts: 47,851 ✭✭✭✭✭
    I wouldn't give you $106 for that so-called art.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    << <i>image

    $106 Million. >>


    That's what I call art appreciation. Although I did know a guy who had a Picasso replica hanging in his living room. I was afraid to tell him it's been hanging upside-down for nine years.
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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭


    << <i>The previous owner of the Picasso had bought it from Picasso's dealers in the 1950's. I'll bet they made quite a profit! >>



    I'll bet he's really, really, old too!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



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    AUandAGAUandAG Posts: 25,053 ✭✭✭✭✭
    Sometimes art brings out unwelcome memories. This type of art just reminds me
    of the 60's, mind altering drugs, and nonsense.
    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    PerryHallPerryHall Posts: 47,851 ✭✭✭✭✭


    << <i>

    << <i>The previous owner of the Picasso had bought it from Picasso's dealers in the 1950's. I'll bet they made quite a profit! >>



    I'll bet he's really, really, old too! >>



    ........if he's not already dead.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    magikbillymagikbilly Posts: 6,780 ✭
    Well, Vermeer for me - what 35-36 in sum? I have seen all but 2 I believe. The one Hitler stole was incredible - Allegory of Painting. I think it was M. Monroe who had 2/3 of her modern panitngs hung upside down but can't recall the source. I'd rather spend 40 million of Lost on the Grand Banks by Winslow Homer but that is me. Antway, I am bleary eyed here - but unless I am mistaken art of this nature has outperfmormed any and all other investments? That was a nice Pollock a few posts back. Interesting read while back about his signature appearing as a major design feauure is the large mural for Peggy G.

    Best,
    Eric
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    johnny9434johnny9434 Posts: 34,886 ✭✭✭✭✭
    great gadzooks. someone has to much money. thats alot of money to spend and were in a recession (?)
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    renomedphysrenomedphys Posts: 4,032 ✭✭✭✭✭
    I'm going right home to photograph some of my son's art. He's 8, we hang it on our wall in the hallway, and I can honestly tell you that most of what he brings home is ten times as compelling as anything Picasso ever turned out.

    I think we're all in the wrong lines of work.
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    renman95renman95 Posts: 7,037 ✭✭✭✭✭
    A few years back I went to the Picasso museum in Paris, off the beaten path. The museum is an old mansion converted to house 100's of paintings and sketches in chronological order. I never cared to much for Pablo until I strolled through that experience. To see his evolution and mood periods presented in such a way was brilliant. I have a new found appreciation but at 100+ million? I'd rather have....

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