When $600,000 —parked in a work of art — grows to $180 Million: Update!
Bought by the Rothschilds for $600,000 —
Eric de Rothschild sold Rembrandt’s work 4 years ago.
For 300 times the purchase price:
He sold the Rembrandt double-portrait of Marten Soolmans and Oopjen Coppit for $180 million.
You may be able to see this work of art in the Louvre— The Louvre does not own it: it owns a share of it.
Owning a piece of a work of art made sense to the Louvre: $90 Million worth of sense.
For a one-half interest.
On the right in our illustration, is another work of art.
Produced in New York in 2019, this work of art – and Pulitzer Prize nominee -- is being prepared for its Off-Broadway run.
For a transfer to Broadway— owning even a piece of a work of art has tangible value.
Because value, as Warren Buffett’s mentor Benjamin Graham teaches us, is a function of future earnings. The $1 Million dollar market cap per share in this work of art – this property – is based on net-present value. Of potential earnings. From royalties. From licensing. From merchandising. From publishing. From production in other media, where "content is king."
"Pablo's Kisses." New York, 2019
33 shares of ownership, representing a one-third interest, fund costs before opening night.
It’s not “Hamilton” – or a Rembrandt — Or “Aladdin” with its $5 Billion in revenues -- Yet the excitement is growing. And the promise is clearly there.
Each Million-dollar share of this work of art may be acquired for $10,000.
Physical Security Consultant
4yExcellent post!
Jade Communications
4yWhat Stephen said ;-)
Producer/Director, Developer, Writer/Designer, Entrepreneur, Educator & Artist
4yIt's a good pitch P.K. would grab a share if I was able!