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­Rothko fetches $75 million at
record-setting Sotheby’s art sale

RT TV-Novosti [Moscow, Russia], by Staff

Original Article

Posted By:Killian Bundy, 11/14/2012 7:08:15 PM

An abstract canvas by Mark Rothko sold for $75 million leading Sotheby’s record-setting contemporary-art sale in New York. The auction fetched a total of jaw-dropping $375 million. The sellers, a former Sotheby’s president John Marion and his wife, expected the 1954 Rothko painting “No. 1 (Royal Red & Blue)" to go for a maximum of $50 million. Bidders went beyond expectations with the painting eventually selling for $75 million. Sotheby’s specialist Charlie Moffett who works with American collectors placed the winning bid.

Comments:
ARE YOU [EXPLETIVE DELETED] KIDDING ME?

/I need to go buy a paint roller!

Please do not post in ALL CAPS. Source corrected to site style. Also, when posting from an "obsure" source [publication] , PLEASE post it properly, especially with the city/state or country of origin. LCom Staff.

      


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Reply 1 - Posted by: Mike PHX, 11/14/2012 7:21:25 PM     (No. 9014860)

.???

?

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Reply 2 - Posted by: Garage Logician, 11/14/2012 7:26:19 PM     (No. 9014872)

Them fancy pitchers sure do cost a lot a money.

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Reply 3 - Posted by: LoneVoice, 11/14/2012 7:30:57 PM     (No. 9014881)

Why?

The people who call this art are the same people who will walk straight through the gates of hell thinking they´re in heaven.

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Reply 4 - Posted by: NYbob, 11/14/2012 7:46:14 PM     (No. 9014902)

#3, it is ´art´ because it was the first color field painting style recognized and promoted by the New York city art scene, over 50 years ago. Big, recognizable, and a style that didn´t threaten viewers in any way. They are nice in the right room. Are his paintings worth $75 million? Obviously they are since someone spent that much. They broke through the ´what would I pay for that´ barrier decades ago and became a substitute for stocks or bonds. The people paying that much have a LOT more money to spend on their vast ranches, hideouts, vehicles and panic rooms.

The problem isn´t Rothko, I like his work because it turns it´s back on all your realistic expectations and no ´message,´ the problem is it seems like one more example of the dollar floating off into Deutschmark 1928 territory. My next work might be a wheelbarrow full of stage money US dollars with a loaf of bread on top.

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Reply 5 - Posted by: Topic Thunder, 11/14/2012 7:51:42 PM     (No. 9014914)

I think this painting makes its´ own subtle statement about artistic ambiguity and the inherent dream-like quality of out-bidding a bunch of low-grade morons.

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Reply 6 - Posted by: mollybob, 11/14/2012 7:55:04 PM     (No. 9014922)

Rothko has his own room in London´s prestigious Tate Gallery; the centerpiece of that collection is a canvas of solid puce (yes, puce). Nothing else but pure puce. The day I viewed it was the day I had my epiphany about contemporary art: It is meaningless postmodern dreck, painted by soulless postmodern drones, worshipped by pretentious postmodern sycophants and sold to a clueless postmodern world.

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Reply 7 - Posted by: jeffreyabigail, 11/14/2012 8:30:16 PM     (No. 9014987)

If you Google Rothko and click Images, you will see that he did the same painting over and over and over again, except with different colors. I just don´t get it.

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Reply 8 - Posted by: Phosphene, 11/14/2012 9:58:16 PM     (No. 9015103)

On second thought, maybe we should raise their taxes.

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Reply 9 - Posted by: horacer, 11/14/2012 10:05:16 PM     (No. 9015108)

I think someone´s confused. That´s not a painting, it´s a side view of a package of Chuckles Jelly Candies.

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Reply 10 - Posted by: Japanorama, 11/14/2012 10:07:14 PM     (No. 9015110)

It´s worth it cause it´s real purty and it took Rothko 15 whole minutes to paint it.

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Reply 11 - Posted by: Urgent Fury, 11/14/2012 10:23:23 PM     (No. 9015125)

I have a Don Troiani. I consider that real art, but to each his own. I only paid 25 million for it.

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Reply 12 - Posted by: agrippa123, 11/14/2012 10:29:35 PM     (No. 9015134)

So which color did he choose to paint the room?

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Reply 13 - Posted by: Nwpa, 11/14/2012 10:48:17 PM     (No. 9015146)

LOL #9. It´s better than a lot of art, but I just can´t image spending that amount on a painting. I second #12; I have two Don Troiani´s.

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Reply 14 - Posted by: Mike43, 11/14/2012 11:02:28 PM     (No. 9015168)

So, it appears that millionaires are moving away from currency into tangibles that will retain value.

Think gold for us less fortunate folk. This is a hedge against inflation and/or devaluation.

Interesting.

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Reply 15 - Posted by: LadyVet, 11/14/2012 11:42:15 PM     (No. 9015199)

Did anyone see "Lilihammer" the made-for-TV series about the NY mobster who goes into the witness protection program and winds up in Norway? Check it out on Netflix. Anyway, this reminds me of something from that movie when a bunch of NY thugs decided to launder their money / park a large sum in plain sight. They bought an outrageously expensive modern painting.

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Reply 16 - Posted by: PageTurner, 11/15/2012 1:17:20 AM     (No. 9015260)

#4 gets it.

Rothko considered his work intensely spiritual and when you look at nature in the same patterns, you think the same thing. It´s worth what the market thinks it´s worth. Don´t like it? Buy something else.


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Reply 17 - Posted by: GoodGrief, 11/15/2012 3:18:05 AM     (No. 9015308)

My problem is recalling that I had two of these on my refrigerator in 1959.


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Reply 18 - Posted by: ROLFnader, 11/15/2012 8:47:06 AM     (No. 9015661)

Makes me wonder how much my "Dogs With Big Sad Eyes Playing Poker " on velvet might be worth someday.

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­Rothko fetches $75 million at
record-setting Sotheby’s art sale
RT TV-Novosti [Moscow, Russia], by Staff    Original Article
Posted By: Killian Bundy- 11/14/2012 7:08:15 PM     Post Reply
An abstract canvas by Mark Rothko sold for $75 million leading Sotheby’s record-setting contemporary-art sale in New York. The auction fetched a total of jaw-dropping $375 million. The sellers, a former Sotheby’s president John Marion and his wife, expected the 1954 Rothko painting “No. 1 (Royal Red & Blue)" to go for a maximum of $50 million. Bidders went beyond expectations with the painting eventually selling for $75 million. Sotheby’s specialist Charlie Moffett who works with American collectors placed the winning bid.

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