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$95,000,000 For This?
By JLP | May 4, 2006
I’m sorry but Picasso is WAY overrated. A person would have to be nuts to pay $95 million for this. It’s the second highest price ever paid for a painting at auction. Some people simply have too much money!
Topics: Investing | 2 Comments »
May 4th, 2006 at 9:10 pm
When Picasso died in 1973, he left no will and his death duties (estate taxes) were paid with paintings from his personal collection.
May 8th, 2006 at 1:14 am
If I had several hundred million dollars sitting around I can not imagine spending $95 million on a painting. I think buying an island or blowing it on a small country might be more worthwhile. Besides how many people will get a chance to see the actual painting?