Do-it-Yourself Online Art Sales for Billionaires

Isaac Mostovicz writes...

image

A French artist named Dogmael Damien has set up his own website targeting billionaires in search of their next big acquisition, a recent Art Newspaper article reports.  The artist’s site is now online and markets itself as “Paintings for Billionaires Only”.  Each of the three paintings currently on the site can be had for only €150 million (and without any commission!).

None of the paintings has sold as of yet, but Damien has held firm to his concept.  He writes further on the site:

The acquisition of these paintings will cause a shock in the Art World, not only for the spectacular stunning massive price paid for it, but also for the private way it will be sold, far away from the noisy auction places.

This private sale would have made these paintings the world’s most expensive ever sold in art history. The Most expensive Living Artist.

The recent boom in art sales has seen works of art selling for well beyond their list prices at art fairs or presale estimates at auctions.  A Russian billionaire businessman named Alisher Usmanov recently bought 450 lots outright before the start of a Sotheby’s sale in October for “substantially above” the initial expectations of the sale.

You say of this article...

Bookmark and Share