74 Million Later

£74 million Later

stirringtroubleinternationally:

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I know I’m almost a week behind now but I am still in shock.  This pastel work which is one of four sound in just 12 minutes in Sotheby’s New York last Wednesday. This version, is (of course) superior to the others because it has one of Munch’s poems on the reverse:

“I was walking along a path with two friends – the sun was setting – suddenly the sky turned blood red – I paused, feeling exhausted, and leaned on the fence – there was blood and tongues of fire above the blue-black fjord and the city – my friends walked on, and I stood there trembling with anxiety – and I sensed an infinite scream passing through nature.”

After the news of the double DIP recession surely this lavish spending is a sign that the art market is stronger than the rest of the economy, fighting back when times are tough. Or is it just another classic example of the money and goods only mixing with those who already have it. Obviously a work with such prestige as this belongs in a gallery, but I am sure that the new owner would be delighted to donate their newfound acquisition if the exhibition in question enhanced their public image?  Yes, art should be available to all, but sometimes it becomes more special when you can only see it for a select period. Just look at the latest Leonardo Da Vinci exhibition over Christmas. Tickets sold out in hours. Exclusivity sells, clearly.

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