what is so extraordinary about Arabs paying a fortune for pieces of 'art'. People all over the WORLD are doing the same thing, if they have the dosh to do so!
Personally, I don't understand why the artwork fetches such obscene amounts of money, but they do.
For example in 2007 ..
"On May 15 at Sotheby's in New York, a 1950 painting by Mark Rothko sold for $72.8 million, the highest price ever paid for a work at a contemporary art auction. The very next night at Christie's, a 1963 silkscreen on canvas by Andy Warhol went for $71.7 million."
And that was 2 years ago.
As to storing artwork under the MIA - you have an informant? You know for certain this 'collection' will never see the light of day - and what if it doesn't?
There are many private collections belonging to the very rich so why pinpoint the Qataris. I agree it's a shame, but it isn't a practice peculiar only to the very wealthy in this part of the world.
what is so extraordinary about Arabs paying a fortune for pieces of 'art'. People all over the WORLD are doing the same thing, if they have the dosh to do so!
Personally, I don't understand why the artwork fetches such obscene amounts of money, but they do.
For example in 2007 ..
"On May 15 at Sotheby's in New York, a 1950 painting by Mark Rothko sold for $72.8 million, the highest price ever paid for a work at a contemporary art auction. The very next night at Christie's, a 1963 silkscreen on canvas by Andy Warhol went for $71.7 million."
And that was 2 years ago.
As to storing artwork under the MIA - you have an informant? You know for certain this 'collection' will never see the light of day - and what if it doesn't?
There are many private collections belonging to the very rich so why pinpoint the Qataris. I agree it's a shame, but it isn't a practice peculiar only to the very wealthy in this part of the world.