{"id":2079,"date":"2018-12-19T13:50:21","date_gmt":"2018-12-19T13:50:21","guid":{"rendered":"https:\/\/plutarchproject.com\/?page_id=2079"},"modified":"2020-10-18T01:10:17","modified_gmt":"2020-10-18T01:10:17","slug":"art-and-money-visualizing-the-price-of-art-in-terms-of-cash","status":"publish","type":"page","link":"https:\/\/plutarchproject.com\/index.php\/art-and-money-visualizing-the-price-of-art-in-terms-of-cash\/","title":{"rendered":"Art and Money: Visualizing the Price of Art in Terms of Cash"},"content":{"rendered":"

Art and Money<\/strong><\/h4>\n

Money makes the world go round. In every field money helps to fund research, obtain resources, and of course pay people for all their hard work. When it comes to the sale of art money is also a hot topic issue. In 2017\u00a0Salvator Mundi<\/a><\/i> by Leonardo da Vinci <\/a>(c. 1500) became the most expensive painting ever sold. It sold for a cool $450.3 million. It can be hard to visualize the insane amounts of money spent on works of art-so we are going to place the equivalent of cash next to each work of art. Also, just for fun we’ve attached some interesting visualizations of incredibly large amounts of cash as well. (All the cash shown is in $100 bills). Thanks for taking the time to bask in the glory of the Humanities!<\/p>\n

#1\u00a0Salvator Mundi<\/strong><\/h4>\n

Salvator Mundi<\/a> sold in 2018 for $450.3 million at Christie’s auction house in New York City on November 15, 2017. The current owner of this work is\u00a0Abu Dhabi Department of Culture & Tourism<\/a>.<\/p>\n

\"\"<\/a>
Salvator Mundi<\/figcaption><\/figure>\n

#2 Interchange<\/strong><\/h4>\n

Coming in at a close second is Interchange<\/a> (Interchanged) by the \u00a0abstract expressionist<\/a> painter Willem de Kooning. The work was painted in 1955 and fetched a whopping $310 Million in a private sale in September 2015. The current owner of this work is\u00a0Kenneth C. Griffin<\/a>.<\/p>\n

\"Photo<\/a>
Interchanged by Willem de Kooning By Source (WP:NFCC#4), Fair use, https:\/\/en.wikipedia.org\/w\/index.php?curid=53843857<\/figcaption><\/figure>\n

#3 The Card Players<\/strong><\/h4>\n

In third place is one in a series of paintings by\u00a0Paul C\u00e9zanne<\/a>. The series is known as\u00a0The Card Players<\/a>. It was sold in a private sale in 2011 for $272 million to the \u00a0State of Qatar<\/a>.<\/i><\/p>\n

\"\"<\/a>
The Card Players<\/figcaption><\/figure>\n

#4 Nafea Faa Ipoipo<\/strong><\/h4>\n

In fourth place is\u00a0Paul Gauguin<\/a>‘s work\u00a0Nafea Faa Ipoipo<\/a>\u00a0painted in 1892. It was sold in a private sale in 2014 for $217 million to the State of Qatar.<\/i><\/p>\n

\"Paul<\/a>
Paul Gauguin, Nafea Faa Ipoipo? (When Will You Marry?) 1892<\/figcaption><\/figure>\n

#5 Number 17A<\/strong><\/h4>\n

Number 5 is\u00a0Number 17A<\/b><\/i><\/a> is a painting by Jackson Pollock<\/a>\u00a0the famous abstract expressionist<\/a>. It was painted in 1948. This work was sold in a private sale to\u00a0Kenneth C. Griffin<\/a>\u00a0for $207 million.<\/p>\n

<\/p>\n

Top Five combined sale price of $1.45 Billion (usd)<\/strong><\/h4>\n

The top 5 highest most expensive paintings total to be roughly $1.45 billion (who says the arts cant pay the bills! too bad the artist never lived to see that kind of payday!) So now let’s take a look at how much cash that would be.<\/p>\n

$10 million<\/strong><\/h4>\n

Here is $10 million of neatly stacked one hundred dollar bills. You’d need seven of these to pay for the 99th most expensive painting sold (Jeanne (Spring)<\/a>, painted by\u00a0\u00c9douard Manet<\/a>\u00a0in 1881 that was sold for $67.4 million to the\u00a0Getty Museum<\/a>\u00a0in 2014)<\/i><\/p>\n

\"millcash\"
$10 million<\/figcaption><\/figure>\n
\"\u00c9douard<\/a>
Jeanne (Spring)<\/figcaption><\/figure>\n

$100 Million<\/strong><\/h4>\n

How about $100 million? It would fit mostly on one pallet and stand under 2 meters in height. This could get you a Van Gogh and leave you a few million in change. Van Gogh’s\u00a0A Wheatfield with Cypresses<\/a>\u00a0sold in 1993<\/i>\u00a0for $96.7 million (adjusted from $57 million at time of sale) in a private sale to\u00a0Walter H. Annenberg<\/a>.<\/p>\n

\"$100,000,000
$100 million<\/figcaption><\/figure>\n
\"Vincent<\/a>
Wheat Field with Cypresses<\/figcaption><\/figure>\n

$207 Million<\/strong><\/h4>\n

This cash was seized in Mexico and is valued at $207 million. Just add another room and you still couldn’t afford the Da Vinci painting. But you could afford Gustav Klimt<\/a>‘s 1904-07 work\u00a0Wasserschlangen II which sold for $193 million in 2013 in a private sale to\u00a0Dmitry Rybolovlev<\/a>.<\/i>\u00a0(money\u00a0source<\/a>).<\/p>\n

\"\"<\/a>
$207 million in cash<\/figcaption><\/figure>\n
\"\"<\/a>
Wasserschlangen II<\/figcaption><\/figure>\n

$1 Billion<\/strong><\/h4>\n

Let’s move up to $1 billion (in $100 bills). with this you could buy the 2-5 of the most expensive paintings. listed above.<\/p>\n

\"$1,000,000,000<\/p>\n

\"billion\"<\/p>\n

$1.5 Billion<\/strong><\/h4>\n

If you’ve got Oprah money why not buy the whole lot? Here’s $1.5 Billion. Enough to cover all of the top 5 most expensive works shown above.<\/p>\n

\"trilli\"
FU money for some of the folks on Wall street.<\/figcaption><\/figure>\n

$1 Trillion<\/strong><\/h4>\n

Amazon was recently valued at over a $1 Trillion (Apple was the first to do so). Although it might not be a work of art (to the fine art folks) I’m sure some folks who work in the art of moneymaking would consider it to be so. So what does $1 trillion in $100 bills look like? Take a gander for yourself…<\/p>\n

\"tril4\"
They are going to need a bigger truck<\/figcaption><\/figure>\n
\"trill3\"
going back to the original T posing (t for trilly) person<\/figcaption><\/figure>\n

$3.818 Trillion<\/strong><\/h4>\n

And one more for all the marbles. In 2011 the Us government’s annual budget was $3.818 Trillion. Here’s what that would look like. Now that could buy a whole lot of art!<\/p>\n

\"\"
US National budget 2011<\/figcaption><\/figure>\n

We hope you enjoyed this article. Our mission is to bring the Humanities to the world in a fresh way. If you liked this post you may enjoy our other Articles<\/strong><\/a> or Podcasts<\/strong><\/a>. \u00a0Thanks for your time! Onward!<\/p>\n

**All money source pictures can be found here<\/a>\u00a0, here<\/a>,\u00a0and here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Art and Money Money makes the world go round. In every field money helps to fund research, obtain resources, and of course pay people for all their hard work. When it comes to the sale of art money is also a hot topic issue….<\/p>\n","protected":false},"author":1,"featured_media":2085,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"class_list":["post-2079","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\nArt and Money: Visualizing the Price of Art in Terms of Cash - The Plutarch Project<\/title>\n<meta name=\"description\" content=\"Art and money have a long history together. 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