What this says about art today and the super-wealthy doesn't speak well for humanity.
This painting was done by a fairly unskilled, untrained artist who was a high school drop out and junkie who died of a heroin overdose in his Manhattan studio in his late 20's. He could crank paintings like this out by the dozens with little planning, sketching or aforethought. Basically it's scrawl or graffiti. Hardly great art or worth what the collector paid for it. But the so-called Art World today is marked by extreme wealth and extreme decadence like much of contemporary society.
I just saw the painting. It looks like graffiti. I guess it's a masterpiece if you like graffiti art.
100+ MILLION dollars for a painting!! This, while half the worlds population can barely feed itself on a daily basis.... WAKE UP PEOPLE! This is what the disparity of wealth looks like.
Nobody ever says, "I don't know what I like, but I know art." And there's a reason for that. Nobody knows art.
Interesting a drug addicts scribble is called art.
nice picture of the painting
So let's see, we have an idiot who pays millions and millions of dollars for paintings from someone I have never heard of and who died of an overdose of drugs at age 27. I have found it interesting how some works are titled. For instance, "Girl with Watering Can". That title somehow has an appearance of sophistication but it is just an incredibly simple description of the work.
Why? This painting looks like something my daughter did in grade school. But then again, I feel the same way about Picasso and Warhol. I will never understand the concept of abstract or contemporary art.
I was surprised that Warhol was in the same group as Picasso. I guess Warhol is iconic, but Picasso, well, I could see the price reaching into the stratosphere. Iconic is one thing, but in 100 years it doesn't mean much. Picasso in 100 years, 500 years will still be brilliant.
$110.5 million for a painting? Simply preposterous. Who would pay that much for a canvas and some paint? Seriously, people have lost their minds. I would never, ever pay that much for anything, especially some painting. Thank goodness there are still clear-thinking, rational folks out there. Like me. For instance, once the bidding hit $100 million on this Basquiat, I said this is just ridiculous, and dropped out immediately.