radio about the sale of Picasso’s "Women of Algiers".
The painting auctioned for $160m (£102.6m) at Christie's in New York on
Monday, May 11, 2015.
One comment caught my attention. The radio commentator mentioned that there is simply only one and no other painting like that in the world, so bidders realized that they could not just walk away and buy another one.
So buyers just kept on bidding until it reached $160m, setting a new
record as the most money ever paid for a painting.
As a domainer it’s easy to comprehend the bidding that had occurred at
Christie’s auction yesterday.
Elsewhere and earlier this year, Qihoo, a Chinese Internet security company, paid $17 Million for 360.com. In 2015!
360.com and Picasso’s "Women of Algiers".
It might be years, if ever, before either one of these rare items are offered
for sale again. A domain, as well as a work of art, are one of a kind and
well worth the Price.