If you think that it was nuts that Coolmore paid $16 million for The Green Monkey, take a look at this.  
This baby, entitled "White Center (Yellow, Pink and Lavender on Rose)," sold for $72.8 million dollars at Sotheby's on Tuesday night, the highest price ever for a work of art produced after World War II.  It's a Mark Rothko, and it was sold by David Rockefeller, who bought the painting for less than $10,000 in 1960.  The auction house, which collects a 20% commission on the first $500,000, and 12% on the rest (the price includes commission), did some heavy marketing of the piece - they even let prospective buyers hang it in their homes to try it on.  Kinda like the under tack shows, I guess.
I very much enjoy seeing art, but I personally prefer my paintings to include people, places, or things.  Slop some colors on the canvas, and I just don't get it.  I probably wouldn't have bought this if I saw it for ten bucks at a yard sale.  And what the hell is the buyer going to do with this anyway?  Other than re-sell it for twice as much in 10 years?  At least you could ride The Green Monkey, feed him carrots, and, I dunno, maybe just have a friend....or maybe  even more....
Anyway, if things don't work out with The Green Monkey, here's a way they can get their money back.  They can stuff him, stick him up on a canvas, and slop some paint on him.  Then he can be "White Stockings (Yellow, Pink and Lavender Monkey on Horse)."  They should be able to get at least $16 million for that.
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Thursday, May 17, 2007
A Monkey Of Some Different Colors
Posted by Alan Mann at 9:52 PM
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3 Comments:
Ah, once again an artistic gem of an idea already taken…Robert Rauschenberg stuffed and mounted a goat on his mixed media piece “Monogram” (1955), but you gotta go to Sweden to see it (or look here: www.metmuseum.org/special/Rauschenberg/images/Monogram-59.024.L.jpg)
The Dadist appeal of a horse called The Green Monkey is fabulous, however! :)
Valerie - Ha ha, that's awesome, thanks for the link!
That's awesome, Alan. It gives me hope that a similar painting in our house that we paid $2500 for will some day enable us to retire!
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