Four Easy Steps; Total Cost:  < $250

“Untitled Jean-Michel Basquiat Painting Auctioned for $110 Million, a U.S. Record.”

–headline, nbcnews.com (5/18/2017).

For those without the means — or acquired taste(?) — to drop $110 million for an abstract painting (by Jean-Michel Basquiat), I have a much cheaper alternative.

Step 1:  buy the recent New Yorker issue with the cover, “Motherboard.”

Step #2:  license the image from the New Yorker cartoon bank.

Step #3:  blow it up.

Step #4:  frame it.

There!

You have a perfectly nice, abstract piece of art for .00000001% of the cost, that doesn’t scare the bejejus out of anyone — or require expensive insurance, 24/7 security guards, cameras, surveillance, etc.

P.S.:  maybe the Basquiat Buyer is gambling that someone will buy it from him for $150 million (I believe there’s a term for that theory 🙂 ).

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

Leave a Reply