{"id":207,"date":"2017-03-03T12:04:49","date_gmt":"2017-03-03T12:04:49","guid":{"rendered":"http:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/?p=207"},"modified":"2018-09-04T13:17:50","modified_gmt":"2018-09-04T12:17:50","slug":"art-profit","status":"publish","type":"post","link":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/","title":{"rendered":"Art profit. Is art purchased for profit or pleasure."},"content":{"rendered":"<div class=\"wdfjb6a218f59df820\" ><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- 300x250, Word Press -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:300px;height:250px\"\r\n     data-ad-client=\"ca-pub-0108254043138262\"\r\n     data-ad-slot=\"8241926334\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<\/div><style type=\"text\/css\">\r\n.wdfjb6a218f59df820 {\r\nmargin: 5px;padding: 0px;\r\n}\r\n@media screen and (min-width: 1201px) {\r\n.wdfjb6a218f59df820 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 993px) and (max-width: 1200px) {\r\n.wdfjb6a218f59df820 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 769px) and (max-width: 992px) {\r\n.wdfjb6a218f59df820 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 768px) and (max-width: 768px) {\r\n.wdfjb6a218f59df820 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (max-width: 767px) {\r\n.wdfjb6a218f59df820 {\r\ndisplay: block;\r\n}\r\n}\r\n<\/style>\r\n<h1>Art profit<\/h1>\n<p>Having recently read that a floral impressionist landscape painting by Gustav Klimt recently sold at Sotheby&#8217;s London auction for $59million approx \u00a348million I began to wonder if in fact it was only purchased for art profit, not pleasure.<a href=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"223\" data-permalink=\"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/gustav-klimt-auction\/\" data-orig-file=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?fit=455%2C401&amp;ssl=1\" data-orig-size=\"455,401\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Gustav Klimt-Auction\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?fit=455%2C401&amp;ssl=1\" class=\"alignright wp-image-223 size-medium\" src=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?resize=300%2C264\" alt=\"art profit or pleasure\" width=\"300\" height=\"264\" srcset=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?resize=300%2C264&amp;ssl=1 300w, https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?w=455&amp;ssl=1 455w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><br \/>\nI mean, being realistic of course, the only type of person that could afford to buy art at that kind of price obviously must have a lot of money, to begin with, and the only way to accrue vast wealth is through investment.<\/p>\n<p>Will this piece ever be on display for the public? Will it be hung in a private collection for only the eyes of the privileged\u00a0to see, or will it be locked away in a climate-controlled vault, never to see the light of day until it is again sold for a vast profit.<\/p>\n<figure id=\"attachment_317\" aria-describedby=\"caption-attachment-317\" style=\"width: 229px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"317\" data-permalink=\"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/mundi_framed-783x1024\/\" data-orig-file=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg?fit=783%2C1024&amp;ssl=1\" data-orig-size=\"783,1024\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Mundi_framed-783&amp;#215;1024\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg?fit=640%2C837&amp;ssl=1\" class=\"wp-image-317 size-medium\" src=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg?resize=229%2C300\" alt=\"Leonardo Da vinci Salvator Mundi (circa 1500)\" width=\"229\" height=\"300\" srcset=\"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg?resize=229%2C300&amp;ssl=1 229w, https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg?resize=768%2C1004&amp;ssl=1 768w, https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Mundi_framed-783x1024.jpg?resize=783%2C1024&amp;ssl=1 783w\" sizes=\"auto, (max-width: 229px) 100vw, 229px\" \/><\/a><figcaption id=\"caption-attachment-317\" class=\"wp-caption-text\">Leonardo Da vinci Salvator Mundi (circa 1500)<\/figcaption><\/figure>\n<p>Recently\u00a0 in 2017 what is believed to be the last known work by Leonardo Da Vinci sold for $450.3 million.<\/p><div class=\"cfxqm6a218f59df877\" ><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- 300x250, Word Press -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:300px;height:250px\"\r\n     data-ad-client=\"ca-pub-0108254043138262\"\r\n     data-ad-slot=\"8241926334\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><style type=\"text\/css\">\r\n.cfxqm6a218f59df877 {\r\nmargin: 5px;padding: 0px;\r\n}\r\n@media screen and (min-width: 1201px) {\r\n.cfxqm6a218f59df877 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 993px) and (max-width: 1200px) {\r\n.cfxqm6a218f59df877 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 769px) and (max-width: 992px) {\r\n.cfxqm6a218f59df877 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (min-width: 768px) and (max-width: 768px) {\r\n.cfxqm6a218f59df877 {\r\ndisplay: block;\r\n}\r\n}\r\n@media screen and (max-width: 767px) {\r\n.cfxqm6a218f59df877 {\r\ndisplay: block;\r\n}\r\n}\r\n<\/style>\r\n\n<p>If the latter is the case then think about how many exceptional masterpieces there are that are stored in vaults of the rich and famous that you nor I will ever have the privilege\u00a0of seeing and ask yourself this. Is it right that they should be hidden away or as art profit or should they be shared, as art was created to be seen, not hidden away!<\/p>\n<p>Salvator Mundi\u00a0(circa 1500)&nbsp;<\/p>\n<p>[amazon_link asins=&#8217;0692875131,B075M84G8Q,1473666686,1500151920,097106847X,1784724173&#8242; template=&#8217;ProductCarousel&#8217; store=&#8217;scrapbooking09-21&#8242; marketplace=&#8217;UK&#8217; link_id=&#8217;5b573c47-60de-11e8-ac65-59cf00ec1480&#8242;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Art profit Having recently read that a floral impressionist landscape painting by Gustav Klimt recently sold at Sotheby&#8217;s London auction for $59million approx \u00a348million I<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[],"class_list":["post-207","post","type-post","status-publish","format-standard","hentry","category-art-in-recession","one-column"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Art profit. 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Is art purchased for profit or pleasure. - The Accidental Art Critics","isPartOf":{"@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/#primaryimage"},"image":{"@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/#primaryimage"},"thumbnailUrl":"http:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction-300x264.png","datePublished":"2017-03-03T12:04:49+00:00","dateModified":"2018-09-04T12:17:50+00:00","author":{"@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/#\/schema\/person\/a8c02e1eed7e3c37122ca713f235f500"},"description":"With the recent of discovery a long lost work by Leonardo Da Vinci that sold for $450.3 million I cant help weather it was bought solely fo art profit.","breadcrumb":{"@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/#primaryimage","url":"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?fit=455%2C401&ssl=1","contentUrl":"https:\/\/i0.wp.com\/arts-crafts-hobbiesanddiy.com\/Blog\/wp-content\/uploads\/2017\/03\/Gustav-Klimt-Auction.png?fit=455%2C401&ssl=1","width":455,"height":401},{"@type":"BreadcrumbList","@id":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/art-profit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/arts-crafts-hobbiesanddiy.com\/Blog\/"},{"@type":"ListItem","position":2,"name":"Art profit. 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