Of course who ever buys this watch will not drive a rusty Ford Pinto and most likely has never heard of Timex, they are the 1% of the 1%, and are far more interested in the fact that the Graff Hallucination is a one of a kind, ultra-rare piece of Haute Horlogerie and Haute Joaillerie combined. A watch that cannot be made again, simply because the same diamonds, in the same quality and the same cut-styles cannot be found again. This makes the Graff Hallucination nothing less than a rare piece of art, and given the current market prices for a Van Gogh or Klimt, you might actually get a deal with this Graff.
Category: Culture
For the Love of Art, and Money
The latest auctions here demonstrated how buyers have now split into two main groups: Longer-term investors who hold to more traditional notions of collecting and who tend to focus on Impressionist, modern and classic contemporary works; and short-term speculators, known as “flippers,” who busy themselves with cut-and-run deals in the red-hot market for emerging artists.
Is Art Really a Good Investment ?
Art is, quite possibly, the least commoditised asset in the investment universe, offering the potential for great returns but also—as is rarely explained by its market proponents—subject to enormous risk.
Some Of Their Parts
Howorth’s hands are insured for £5 million ($7.8 million), and she takes extraordinary care to look after them, given her job as a professional hand model. When she sunbathes, she wears gloves to protect them from the sun’s harmful rays; she opens car doors carefully; and she moisturises her hands more than 30 times a day.
I thought that made it unlikely she would proffer a hand; worse, were she to do so, I feared I might squeeze too hard and do untold damage to her livelihood — or perhaps get a call from her insurer and her solicitor.
David Byrne: Will Work for Inspiration.
The city is a body and a mind—a physical structure as well as a repository of ideas and information. Knowledge and creativity are resources. If the physical (and financial) parts are functional, then the flow of ideas, creativity and information are facilitated. The city is a fountain that never stops: it generates its energy from the human interactions that take place in it. Unfortunately, we’re getting to a point where many of New York’s citizens have been excluded from this equation for too long. The physical part of our city—the body—has been improved immeasurably.
Abnormal Capitalist 