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ANYONE REMEMBER THIS STORY ?

37 posts in this topic

 

 

How one cannot easily make the leap that certain pieces of OA are worth Millions is mind-blowing.

 

 

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'Dogs Playing Poker' sell for $590K

New York auction house says two paintings set world record for the 1903 series.

February 16, 2005: 2:19 PM EST

 

NEW YORK (CNN/Money) - Two "Dogs Playing Poker" paintings cleaned house at Doyle New York's annual Dogs in Art Auction, fetching a staggering $590,400, the auction house said.

 

Before the sale it was estimated that the two rare paintings from Cassius Marcellus Coolidge's 1903 series of dogs playing poker would fetch $30,000 to $50,000, said Alan Fausel, senior vice president of paintings at Doyle, after Tuesday's auction.

 

After intense bidding, "A Bold Bluff" and "Waterloo: Two" sold to a private collector from New York City. The buyer was not identified.

 

"A lot of people came to speculate on the piece, a lot of whom were outside our traditional area of collectors," said Fausel, who is also the specialist in charge of the Dogs in Art auction. "It was a once in a lifetime opportunity."

 

Poker's current vogue is another factor that likely contributed to the sale price, the auction director said.

 

"The (paintings') sequential narrative follows the same 'players' in the course of a hand of poker," said an auction note from Doyle. "In the first, our main character, the St. Bernard, holds a weak hand as the rest of the crew maintains their best poker faces. In the following scene, we see the St. Bernard raking in the large pot, much to the very obvious dismay of his fellow players."

 

Comedian Caroline Rhea of Manhattan, who attended the auction, told the New York Daily News that the Coolidge paintings were the highlight of the event.

 

"It's not the Mona Lisa -- we were joking it's the 'Bona Lisa'," she told the paper.

 

The sale set a world record for work by Coolidge, who created the oil paintings in 1903 for a St. Paul, Minn., advertising firm, the auction house said. Of the sixteen paintings of dogs in a human situations created for Brown & Bigelow, nine of them depicted dogs around a card table.

 

Since the stellar sale, Doyle's said it has been inundated with inquiries from people asking about the value of their "Dogs Playing Poker" prints.

 

For those wondering if their dog reproduction could fetch a million dollars, or for more information on the iconic paintings, there is www.dogsplayingpoker.org.

 

The site also includes information about the artist Coolidge, who is credited with creating the life-size Boardwalk cutouts into which one's head is placed, allowing the person to be photographed as a character or animal.

 

Coolidge was also a banker, shopkeeper, inventor and painter. He even penned an opera.

 

Although his name is not commonly remembered, the auction house believes his images are "permanently seared" into the American consciousness.

 

"These are unique originals of a very important American icon," Fausel said.

 

Coinciding each year with the Westminster Kennel Club dog show, the auction offers two centuries of canine paintings, prints, bronzes and other objects.

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I dare say those dogs playing poker original paintings are bigger American icons than any comic book artwork that still exists. Name ONE piece of comic bok artwork THAT EXISTS that rivals them in the public's perception? Both genres are comparable, even though there are fewer such dog/poker paintingsa around, further increasing their value. AND they are PAINTINGS!! not production art, aka "mechanicals".

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I dare say those dogs playing poker original paintings are bigger American icons than any comic book artwork that still exists. Name ONE piece of comic bok artwork THAT EXISTS that rivals them in the public's perception? Both genres are comparable, even though there are fewer such dog/poker paintingsa around, further increasing their value. AND they are PAINTINGS!! not production art, aka "mechanicals".

 

Heck,..Id even go so far to say that most of Ditko's ASM Covers will be trading at 500K too at one point within the next several years.

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I could see some original art covers going a million plus if they ever came to light... the obvious examples, and also some EC covers, maybe a Frazetta Famous Funnies... any Marvel Silver #1 or key. It could happen!

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I'd say the strongest defense of your theory is the recent example of a hideous industrial looking sculpture that recently sold for 22 million. I saw it on CNN last week. At least several pieces of comic OA have artistic merit! The big money hasn't invaded YET.

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Name ONE piece of comic bok artwork THAT EXISTS that rivals them in the public's perception?

 

Original Cover Art Amazing Fantasy #15 or Original Cover Art Amazing Spiderman #1

 

In the public's eye I would have to say Superman #1 Cover Art. Superman is probably the most recognized hero, so that is as close as I would say it can come.

 

There are probably more people out there that don't know Spider-Man as opposed to Superman.

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I could see some original art covers going a million plus if they ever came to light... the obvious examples, and also some EC covers, maybe a Frazetta Famous Funnies... any Marvel Silver #1 or key. It could happen!

 

In all honesty I cannot conceive of this happening for many years. If ever.

 

High end sales of comics and OA have one thing in common - they are usually, if not always, between two of a very small band of dealers / collectors whose motive is usually to hype or raise the price of a collectible. They do not represent the true market.

 

For comic OA to achieve over seven figure sales it would require the Fine Art community to take comics, and by extension comic art seriously - as their wealth dwarfs anybody's in our little hobby. And that will never, ever happen. Hopefully.

 

And don't bother bringing up Roy Lichtenstein...the Fine Art community will always denounce comic art as too commercial and populist, anyway.

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When a grail cover flies past a million, I won't be surprised. It may be a few years... I just won't be one to say never. And I totally disagree that the fine art community needs to be involved. There are more than a few millionaires in our hobby.

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When a grail cover flies past a million, I won't be surprised. It may be a few years... I just won't be one to say never. And I totally disagree that the fine art community needs to be involved. There are more than a few millionaires in our hobby.

 

Perhaps, but there simply aren't enough - OA at the top end is a very rarefied and small market. And most OA in these situations is traded rather than bought/sold.

 

And in order to spend in excess of one million dollars on one piece of OA you can't just be a millionaire - you've got to have many, many millions to have that sort of disposable income.

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Since Krazy said let your mind wander about the thought of OA achieving these prices, I did just that. It would take a Superman #1 or similar to hit the mark (or better). But, once that happens (in theory...remember it's all hypothetical that such a grail piece would surface) it would definitely push prices on all upper end OA. We see this in all areas of collecting. Maybe a boom, with beautiful pieces coming out of the woodwork. Then the forgeries, then the correction or crash. Buy now, sell before the crash! By the way, I have very little OA and nothing of importance.

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When a grail cover flies past a million, I won't be surprised. It may be a few years... I just won't be one to say never. And I totally disagree that the fine art community needs to be involved. There are more than a few millionaires in our hobby.

 

Perhaps, but there simply aren't enough - OA at the top end is a very rarefied and small market. And most OA in these situations is traded rather than bought/sold.

 

And in order to spend in excess of one million dollars on one piece of OA you can't just be a millionaire - you've got to have many, many millions to have that sort of disposable income.

 

Most of the things you specify are positves not negatives. For example, stamps are a rarified and small market at the top and we've seen prices of $4 Million plus.

 

To busy to tell you where you also go wrong with your other points.

 

But glad to see the 'hampster is turning in the wheel'

 

KK

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When a grail cover flies past a million, I won't be surprised. It may be a few years... I just won't be one to say never. And I totally disagree that the fine art community needs to be involved. There are more than a few millionaires in our hobby.

 

Perhaps, but there simply aren't enough - OA at the top end is a very rarefied and small market. And most OA in these situations is traded rather than bought/sold.

 

And in order to spend in excess of one million dollars on one piece of OA you can't just be a millionaire - you've got to have many, many millions to have that sort of disposable income.

 

Most of the things you specify are positves not negatives. For example, stamps are a rarified and small market at the top and we've seen prices of $4 Million plus.

 

To busy to tell you where you also go wrong with your other points.

 

But glad to see the 'hampster is turning in the wheel'

 

KK

 

Hamster, you arrogant deluded simpleton.

 

And stamps are far, far more widely collected and taken infinitely more seriously throughout the world that such a comparison is both specious and ludicrous.

 

But of course you're too busy to disprove my points, aren't you? 27_laughing.gif

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