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[TV static drones]
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Downloaded from
YTS.MX
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[bright tone]
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Official YIFY movies site:
YTS.MX
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[soft orchestral music]
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♪ ♪
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- Ladies and gentlemen,
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00:00:26,909 --> 00:00:29,200
the auction will
begin shortly.
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00:00:29,283 --> 00:00:31,409
Please take your seats.
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00:00:31,492 --> 00:00:35,867
♪ ♪
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00:00:35,951 --> 00:00:37,784
- We'll start this one
at 180,000.
12
00:00:37,867 --> 00:00:41,409
200,000, 220,000,
240,000, 260,000.
13
00:00:41,492 --> 00:00:42,784
Now 260,000.
14
00:00:42,867 --> 00:00:46,075
And we'll start at 350,000.
400,000, 450,000.
15
00:00:46,158 --> 00:00:48,951
500,000, 650,000,
700,000.
16
00:00:49,033 --> 00:00:52,701
Now 700,000, 750,000,
900,000, 950,000.
17
00:00:52,784 --> 00:00:54,283
So where's the bidder?
$1 million
18
00:00:54,367 --> 00:00:55,867
on the telephone here.
1,100,000...
19
00:00:55,951 --> 00:00:57,534
- Art and money
have always gone
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00:00:57,617 --> 00:00:58,784
hand in hand.
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00:00:58,867 --> 00:01:00,200
- 1,200,000.
22
00:01:00,283 --> 00:01:02,200
- It's very important
for good art
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00:01:02,283 --> 00:01:03,659
to be expensive.
24
00:01:03,742 --> 00:01:08,367
- And 1,400,000, 1,500,000,
1,600,000, now 1,700,000.
25
00:01:08,450 --> 00:01:09,909
Now it's $2 million.
26
00:01:09,992 --> 00:01:12,409
- You only protect things
that are valuable.
27
00:01:12,492 --> 00:01:15,200
- The fabulous Frank Stella.
- 2,200,000--
28
00:01:15,283 --> 00:01:17,325
- If something has
no financial value,
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00:01:17,409 --> 00:01:18,701
people don't care.
30
00:01:18,784 --> 00:01:20,283
- 3,800,000.
- $4 million.
31
00:01:20,367 --> 00:01:21,951
- 4.8 million.
- 5 million.
32
00:01:22,033 --> 00:01:24,492
- They will not give it
the necessary protection.
33
00:01:24,575 --> 00:01:27,283
- Damien Hirst
at 9 million pounds.
34
00:01:27,367 --> 00:01:28,659
We'll obviously get on quick.
35
00:01:28,742 --> 00:01:31,117
$13 million,
$13,500,000,
36
00:01:31,200 --> 00:01:32,617
- $15 million.
37
00:01:32,701 --> 00:01:34,158
- Any more than $16 million?
38
00:01:34,242 --> 00:01:37,283
$17 million.
17,500,000.
39
00:01:37,367 --> 00:01:38,409
- At $80 million...
40
00:01:38,492 --> 00:01:39,617
- The only way to make sure
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00:01:39,701 --> 00:01:42,367
that cultural artifacts survive
42
00:01:42,450 --> 00:01:44,992
is for them to have
a commercial value.
43
00:01:45,075 --> 00:01:48,826
- Andy Warhol "Liz #3"
at $21 million.
44
00:01:48,909 --> 00:01:50,784
- Lot number 12
is the Jeff Koons.
45
00:01:50,867 --> 00:01:52,242
- $35 million.
- Do I have 35?
46
00:01:52,325 --> 00:01:53,951
35 I have.
41 million.
47
00:01:54,033 --> 00:01:55,325
45 million.
48
00:01:55,409 --> 00:01:57,659
The "Balloon Dog" sold
at 52 million.
49
00:01:57,742 --> 00:01:59,784
- A masterpiece
by Jean-Michel Basquiat.
50
00:01:59,867 --> 00:02:02,784
$98 million.
Last chance.
51
00:02:02,867 --> 00:02:05,033
For $98 million.
52
00:02:05,117 --> 00:02:06,701
Thank you, congratulations.
53
00:02:06,784 --> 00:02:08,033
Thank you very much.
54
00:02:08,117 --> 00:02:11,242
[applause]
55
00:02:13,867 --> 00:02:16,992
[quirky orchestral music]
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♪ ♪
57
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- Uh, these are all
"Gazing Ball" paintings,
58
00:02:25,867 --> 00:02:29,200
but they're being worked on and
I don't have the balls on...
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- Right.
- Some of the--the paintings.
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00:02:31,992 --> 00:02:34,325
♪ ♪
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00:02:34,409 --> 00:02:38,117
This is a Giotto painting here
that we're working on.
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00:02:38,200 --> 00:02:41,033
John was just here,
uh, stenciling.
63
00:02:41,117 --> 00:02:44,450
You know, it's not the exact
same size as the original,
64
00:02:44,534 --> 00:02:47,992
but, you know, it's the idea
of this painting
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00:02:48,075 --> 00:02:49,701
that I've tried to capture.
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00:02:49,784 --> 00:02:51,909
- As a little boy,
you were determined
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00:02:51,992 --> 00:02:53,117
to be an artist, right?
68
00:02:53,200 --> 00:02:54,325
- I always was.
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00:02:54,409 --> 00:02:55,992
From the age of, uh, three,
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00:02:56,075 --> 00:02:57,784
my parents kind of let me know
71
00:02:57,867 --> 00:03:00,909
that, "Oh, oh, Jeff,
uh, that's kind of nice."
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00:03:00,992 --> 00:03:02,701
And that gave me
a sense of self.
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00:03:02,784 --> 00:03:04,200
- Yes.
- And, uh, you know,
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00:03:04,283 --> 00:03:06,492
from, you know,
the times that I was young,
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00:03:06,575 --> 00:03:09,450
I would win awards
for, uh, my artwork.
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00:03:09,534 --> 00:03:11,784
And at college,
I would always be showing
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00:03:11,867 --> 00:03:13,867
in the President's office.
And so--
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00:03:13,951 --> 00:03:15,158
- Really?
- Yeah.
79
00:03:15,242 --> 00:03:16,534
- So some of your work
is sold for
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00:03:16,617 --> 00:03:18,409
as much as $50 million
at auction.
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00:03:18,492 --> 00:03:21,117
I mean, let's face it,
you're the most successful
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00:03:21,200 --> 00:03:23,200
artist today in the world.
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00:03:23,283 --> 00:03:25,909
- Uh, if that would
be the case, okay,
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00:03:25,992 --> 00:03:28,409
it's really quite, uh,
humbling, you know?
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00:03:28,492 --> 00:03:31,742
But, uh, the only thing that,
you know, I've thought about,
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00:03:31,826 --> 00:03:33,951
"Well, why do I make
the things that I make?"
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00:03:34,033 --> 00:03:36,742
And, you know, the only thing
I have are my interests.
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00:03:36,826 --> 00:03:39,575
[soft percussive music]
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00:03:39,659 --> 00:03:41,534
♪ ♪
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00:03:41,617 --> 00:03:45,701
- There's no question
Jeff Koons changed everything,
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00:03:45,784 --> 00:03:48,117
in terms of sculpture.
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00:03:48,200 --> 00:03:49,992
For example, the bunny.
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00:03:50,075 --> 00:03:53,701
You'd look at it,
and it was like Narcissus.
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00:03:53,784 --> 00:03:55,409
I mean, you look
into the water,
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00:03:55,492 --> 00:03:56,617
what do you see?
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00:03:56,701 --> 00:03:58,158
You see yourself.
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00:03:58,242 --> 00:04:00,283
And you see all of the excess.
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00:04:00,367 --> 00:04:02,992
You know, the wealth reflected
99
00:04:03,075 --> 00:04:05,534
in a Hong Kong
inflatable bunny
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00:04:05,617 --> 00:04:09,242
that had been magically
turned into stainless steel.
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00:04:09,325 --> 00:04:11,367
And it was perfect.
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00:04:11,450 --> 00:04:13,534
♪ ♪
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00:04:13,617 --> 00:04:15,951
Great art changes
the way artists
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00:04:16,033 --> 00:04:19,450
perceive what
they should be doing.
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00:04:19,534 --> 00:04:22,325
It's not kind of
a single gimmick.
106
00:04:22,409 --> 00:04:26,117
Because, you know,
a great gimmick is great
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00:04:26,200 --> 00:04:28,784
if it, like, takes you
from here to there,
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00:04:28,867 --> 00:04:30,283
if you own the gimmick.
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00:04:30,367 --> 00:04:33,325
If the gimmick owns you,
it's over.
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00:04:33,409 --> 00:04:34,325
♪ ♪
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00:04:34,409 --> 00:04:36,492
[birds chirping]
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00:04:39,200 --> 00:04:42,325
[Beethoven's
"String Quartet No. 11"]
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00:04:42,409 --> 00:04:48,742
♪ ♪
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00:04:48,826 --> 00:04:51,909
[insects droning]
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00:04:52,867 --> 00:04:55,659
- This is
James Fenimore Cooper country.
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00:04:55,742 --> 00:04:58,659
- It sure is.
- Beethoven's favorite author.
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00:04:58,742 --> 00:05:01,283
♪ ♪
118
00:05:01,367 --> 00:05:02,867
- So, Larry?
- Yeah?
119
00:05:02,951 --> 00:05:05,158
- How do you start to learn
how to see?
120
00:05:05,242 --> 00:05:08,909
- You don't.
You don't.
121
00:05:08,992 --> 00:05:11,367
You didn't decide
who your parents were.
122
00:05:11,450 --> 00:05:14,075
It's the same thing.
- What do you mean?
123
00:05:14,158 --> 00:05:16,158
- Well, you don't decide
certain things.
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00:05:16,242 --> 00:05:18,492
You don't decide--
you don't pick your parents,
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00:05:18,575 --> 00:05:22,242
and you don't pick who--
who you are.
126
00:05:22,325 --> 00:05:24,784
- Was that what it was like
for you finding painting?
127
00:05:24,867 --> 00:05:26,867
- Yeah, I think so.
128
00:05:26,951 --> 00:05:30,075
I mean, I tried to--yeah.
I wanted to be an artist.
129
00:05:30,158 --> 00:05:32,784
Now, an artist can be anything.
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00:05:32,867 --> 00:05:36,742
You know, uh, a poet.
A writer.
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00:05:36,826 --> 00:05:40,909
A singer.
You know, Hank Williams.
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00:05:40,992 --> 00:05:43,992
It's what--
you do what you can do.
133
00:05:44,075 --> 00:05:47,409
- What's the relationship
between art and money?
134
00:05:47,492 --> 00:05:52,325
- Art and money have
no intrinsic hookup at all.
135
00:05:52,409 --> 00:05:53,701
It's not like sports.
136
00:05:53,784 --> 00:05:56,701
Your batting average
is your batting average.
137
00:05:56,784 --> 00:05:59,951
You know, that's--that's
the bottom line, you know?
138
00:06:00,033 --> 00:06:03,909
Um, and they've tried to make
it much like that,
139
00:06:03,992 --> 00:06:06,742
like the best artist
is the most expensive artist.
140
00:06:06,826 --> 00:06:08,450
Same thing.
- Is that not true?
141
00:06:08,534 --> 00:06:11,075
- How could it be true?
142
00:06:11,158 --> 00:06:14,158
♪ ♪
143
00:06:14,242 --> 00:06:16,534
- There's a lot of money
kicking around,
144
00:06:16,617 --> 00:06:19,200
and there is a limit
to where you can put it.
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00:06:19,283 --> 00:06:20,909
[opera music]
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00:06:20,992 --> 00:06:23,325
To be an effective collector,
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00:06:23,409 --> 00:06:26,075
deep down,
you have to be shallow.
148
00:06:26,158 --> 00:06:28,701
You have to be a decorator.
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00:06:28,784 --> 00:06:30,826
You want the thing
to work with the rugs,
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00:06:30,909 --> 00:06:33,033
and you want it to work
with the furniture.
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00:06:33,117 --> 00:06:35,992
And I notice different
styles of collecting.
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00:06:36,075 --> 00:06:37,659
There is the, uh, collector
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00:06:37,742 --> 00:06:40,283
that is the wolf
in sheep's clothing,
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00:06:40,367 --> 00:06:44,033
and then there's the sheep
in wolves' clothing.
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00:06:44,117 --> 00:06:45,909
And everybody
has their own style.
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00:06:45,992 --> 00:06:47,409
- Which are you?
- [laughs]
157
00:06:47,492 --> 00:06:51,075
That's good.
I can switch, like the Donald.
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00:06:51,158 --> 00:06:53,325
[laughs]
It all depends.
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00:06:53,409 --> 00:06:55,325
- How do you get
this incredible collection?
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00:06:55,409 --> 00:06:57,826
I mean, what is it--
what was it in you?
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00:06:57,909 --> 00:07:00,033
- Okay, well,
back in the '70s,
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00:07:00,117 --> 00:07:01,701
Christie's had the Mondrian--
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00:07:01,784 --> 00:07:04,784
a beautiful, massive,
perfect Mondrian.
164
00:07:04,867 --> 00:07:07,242
And I went to the auction
house, and I bid it.
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00:07:07,325 --> 00:07:09,117
I got it at 600,000,
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00:07:09,200 --> 00:07:11,534
which was the world record
for Mondrian.
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00:07:11,617 --> 00:07:16,242
And everybody wanted to know
who that schmuck was
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00:07:16,325 --> 00:07:21,283
from Chicago who overpaid
for that over-painted Mondrian.
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00:07:21,367 --> 00:07:23,867
And it put me on the map.
[soft laugh]
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00:07:23,951 --> 00:07:26,867
[dramatic music]
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00:07:26,951 --> 00:07:29,158
♪ ♪
172
00:07:29,242 --> 00:07:32,033
- New York still is,
in terms of the big auctions,
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00:07:32,117 --> 00:07:34,200
the center of the art market,
174
00:07:34,283 --> 00:07:38,075
because big-ticket items
are always sold in New York.
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00:07:38,158 --> 00:07:41,033
But what has changed
is that the art market
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00:07:41,117 --> 00:07:43,033
has become totally global,
and now you have
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00:07:43,117 --> 00:07:45,117
collectors
in all parts of the world
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00:07:45,200 --> 00:07:48,659
buying art by artists
from all parts of the world.
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00:07:48,742 --> 00:07:52,367
♪ ♪
180
00:07:52,450 --> 00:07:54,867
- There is no Golden Age
without gold.
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00:07:54,951 --> 00:07:55,951
[laughs]
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00:07:56,033 --> 00:07:58,117
So if you didn't have
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00:07:58,200 --> 00:08:03,158
100 times more collectors
than existed in the '70s,
184
00:08:03,242 --> 00:08:08,534
you wouldn't have 1,000 times
more artists making art.
185
00:08:08,617 --> 00:08:10,784
And you--
of course, it's a bubble.
186
00:08:10,867 --> 00:08:13,200
And bubbles make
beautiful things,
187
00:08:13,283 --> 00:08:17,200
and let's just try
to keep it floating.
188
00:08:17,283 --> 00:08:18,701
Don't burst it.
189
00:08:18,784 --> 00:08:23,534
♪ ♪
190
00:08:23,617 --> 00:08:25,492
- Art fairs
are the main events
191
00:08:25,575 --> 00:08:27,867
for the galleries
and the dealers.
192
00:08:27,951 --> 00:08:31,575
Now you have quite a few
big fairs around the world.
193
00:08:31,659 --> 00:08:33,325
Frieze that we are here for.
194
00:08:33,409 --> 00:08:34,450
Frieze, London.
195
00:08:34,534 --> 00:08:36,409
Art Basel in Basel, Hong Kong.
196
00:08:36,492 --> 00:08:39,367
Miami.
You have Dubai, Istanbul.
197
00:08:39,450 --> 00:08:41,200
I mean, I could go on and on.
198
00:08:41,283 --> 00:08:43,701
Hey, hey, Neda, how are you?
- I wanna ask you something.
199
00:08:43,784 --> 00:08:45,701
El Anatsui, I want to buy one.
200
00:08:45,784 --> 00:08:47,534
- Yes, I love El Anatsui.
- Yeah, yeah.
201
00:08:47,617 --> 00:08:49,534
- And African art
is going to go up and up,
202
00:08:49,617 --> 00:08:50,951
and I--I look forward
to seeing it.
203
00:08:51,033 --> 00:08:53,242
I've loved Anatsui
for quite a while.
204
00:08:53,325 --> 00:08:54,200
[laughs]
205
00:08:54,283 --> 00:08:55,992
- Wow, thanks!
206
00:08:58,367 --> 00:08:59,742
- Who's it by?
207
00:08:59,826 --> 00:09:02,909
- The unknown artist
called Basquiat.
208
00:09:02,992 --> 00:09:04,992
He's one of the hottest things
in the art market
209
00:09:05,075 --> 00:09:07,242
at the moment.
210
00:09:07,325 --> 00:09:09,409
- Look at this single boob.
- Self-portrait.
211
00:09:09,492 --> 00:09:11,951
- The uni--yeah, self-portrait.
Uniboob.
212
00:09:12,033 --> 00:09:13,659
"Girl In Bed,"
that's the maquette for girl--
213
00:09:13,742 --> 00:09:15,033
I've sold that painting twice.
214
00:09:15,117 --> 00:09:16,575
- Have you bought
anything today?
215
00:09:16,659 --> 00:09:17,951
- Yes.
- You bought some--
216
00:09:18,033 --> 00:09:19,742
- A few pieces--yes.
- Wow.
217
00:09:19,826 --> 00:09:21,409
- And I would like some more.
I want more.
218
00:09:21,492 --> 00:09:22,784
- It was what?
- Always want more.
219
00:09:22,867 --> 00:09:25,283
I would like some more.
A few more.
220
00:09:25,367 --> 00:09:28,325
- Wow.
Alissa, who made this?
221
00:09:28,409 --> 00:09:31,909
- Francesca DiMattio.
And only you get to touch.
222
00:09:31,992 --> 00:09:33,784
- Only I get to touch?
- You get to do that.
223
00:09:33,867 --> 00:09:35,867
- Has this piece sold?
- It is sold, Jerry.
224
00:09:35,951 --> 00:09:37,867
- For about how much,
ballpark?
225
00:09:37,951 --> 00:09:40,659
- About 50.
- $50,000.
226
00:09:40,742 --> 00:09:43,575
My guess is she gets
50% of that?
227
00:09:43,659 --> 00:09:45,617
- Absolutely, fair deal.
228
00:09:45,701 --> 00:09:47,659
- [whistling]
229
00:09:47,742 --> 00:09:49,701
- I don't see
too many artists here.
230
00:09:49,784 --> 00:09:51,659
- Oh, artists shouldn't come
to art fairs.
231
00:09:51,742 --> 00:09:53,283
Or they should, but they don't.
232
00:09:53,367 --> 00:09:55,867
I wouldn't come to an art fair
if I didn't have to.
233
00:09:55,951 --> 00:10:00,367
In my part of the jungle,
I'm mostly meeting people
234
00:10:00,450 --> 00:10:01,992
who are interested in art.
235
00:10:02,075 --> 00:10:04,534
Up in the higher reaches
of the treetops
236
00:10:04,617 --> 00:10:06,158
there's a different ecosystem
237
00:10:06,242 --> 00:10:09,117
where art absolutely
is an asset class.
238
00:10:09,200 --> 00:10:11,617
That's essentially what
the auctions have become.
239
00:10:11,701 --> 00:10:14,575
- Right.
- A trading house for assets.
240
00:10:14,659 --> 00:10:17,575
[cell phone chiming]
241
00:10:17,659 --> 00:10:20,158
Excuse me.
Hello?
242
00:10:20,242 --> 00:10:23,659
[dramatic music]
243
00:10:23,742 --> 00:10:30,575
♪ ♪
244
00:10:30,659 --> 00:10:33,617
- Okay, so this is a...
245
00:10:33,701 --> 00:10:35,117
That looks good all by itself.
246
00:10:35,200 --> 00:10:36,701
It's gonna be hard
to comp that, actually.
247
00:10:36,784 --> 00:10:38,325
♪ ♪
248
00:10:38,409 --> 00:10:41,242
- So this will be the catalog
for the Ames Collection.
249
00:10:41,325 --> 00:10:44,701
Did you land that deal?
- Yeah, Steven and Ann Ames.
250
00:10:44,784 --> 00:10:46,826
We don't get things
of this caliber very often,
251
00:10:46,909 --> 00:10:48,283
so that makes it special.
252
00:10:48,367 --> 00:10:50,158
There's also a lot at stake.
253
00:10:50,242 --> 00:10:52,200
What's nice is everything
in this picture is actually
254
00:10:52,283 --> 00:10:54,617
part of the sale, which is--
- Perfect.
255
00:10:54,701 --> 00:10:55,951
- Does it make you anxious
256
00:10:56,033 --> 00:10:58,117
when a big sale
like this happens?
257
00:10:59,325 --> 00:11:01,242
- I'm usually very calm
on the day of a sale.
258
00:11:01,325 --> 00:11:02,992
And it's not
the part I like the most.
259
00:11:03,075 --> 00:11:05,117
- But your favorite part
is what, of the whole thing?
260
00:11:05,200 --> 00:11:08,117
Of this specific thing?
261
00:11:08,200 --> 00:11:12,033
- The chase and the deal,
probably.
262
00:11:12,117 --> 00:11:15,242
That's definitely...
263
00:11:17,075 --> 00:11:19,742
- [soft chuckle]
- Yeah.
264
00:11:19,826 --> 00:11:22,409
Okay, Condo.
265
00:11:22,492 --> 00:11:24,242
He's a super disciple
of Picasso,
266
00:11:24,325 --> 00:11:25,992
so we're trying to
figure out how to comp it.
267
00:11:26,075 --> 00:11:28,117
And the idea is you always
wanna comparative-image it
268
00:11:28,200 --> 00:11:32,617
with something that becomes it
and something that...
269
00:11:32,701 --> 00:11:34,117
- Elevates it.
- Elevates--yeah.
270
00:11:34,200 --> 00:11:35,575
I don't wanna be--
it's sort of marketing,
271
00:11:35,659 --> 00:11:36,826
but it's sort of art--
it's sort of
272
00:11:36,909 --> 00:11:38,367
the art-history marketing part.
273
00:11:38,450 --> 00:11:39,826
So getting
your comps right is--
274
00:11:39,909 --> 00:11:41,325
it's a way you show
you're smart,
275
00:11:41,409 --> 00:11:43,409
but you can't
be arrogant and cocky.
276
00:11:43,492 --> 00:11:48,409
George is definitely an artist
who's a darling of the market.
277
00:11:48,492 --> 00:11:51,909
[dramatic music]
278
00:11:51,992 --> 00:11:54,826
- I don't really wanna know
100% what I'm gonna do
279
00:11:54,909 --> 00:11:56,200
until it's done.
280
00:11:56,283 --> 00:12:00,951
I just, like, add color
very gradually.
281
00:12:01,033 --> 00:12:04,283
My favorite thing to do
is get to the edge.
282
00:12:04,367 --> 00:12:06,742
- What was it that started you
in the very beginning
283
00:12:06,826 --> 00:12:08,242
wanting to be an artist?
284
00:12:08,325 --> 00:12:10,409
- Well, I wasn't good
at anything else.
285
00:12:10,492 --> 00:12:12,075
[laughs]
286
00:12:12,158 --> 00:12:13,742
And, I mean, I--
287
00:12:13,826 --> 00:12:15,575
I could always draw better
than everybody else,
288
00:12:15,659 --> 00:12:17,575
and so that was like,
"Whoa, look at that."
289
00:12:17,659 --> 00:12:19,575
- Did your parents
support you in that?
290
00:12:19,659 --> 00:12:20,742
- No.
291
00:12:22,450 --> 00:12:24,867
- Your photographs of
your mother are unbelievable.
292
00:12:24,951 --> 00:12:27,534
- Oh, my mother didn't
support me in anything.
293
00:12:27,617 --> 00:12:28,659
[laughs]
294
00:12:29,742 --> 00:12:33,826
- The money has never been
a motivation for me.
295
00:12:33,909 --> 00:12:35,617
Oh, that's a no.
[laughs]
296
00:12:35,701 --> 00:12:38,367
Especially coming from Nigeria,
the thing that really
297
00:12:38,450 --> 00:12:41,075
did it for me
was thinking about urgency,
298
00:12:41,158 --> 00:12:43,867
thinking of wanting
to be more visible.
299
00:12:43,951 --> 00:12:46,158
♪ ♪
300
00:12:46,242 --> 00:12:48,617
- You know, the market
is a sort of--
301
00:12:48,701 --> 00:12:54,283
a separate sort of entity from
the actual creation of art.
302
00:12:54,367 --> 00:12:57,367
It doesn't really
have anything to do with art.
303
00:12:57,450 --> 00:13:00,117
It's, uh--it has to do with
something else.
304
00:13:00,200 --> 00:13:03,742
And I'm not sure 100%
what it is, you know.
305
00:13:03,826 --> 00:13:06,075
- I don't have all
the details in yet.
306
00:13:06,158 --> 00:13:07,325
- Still being worked on?
307
00:13:07,409 --> 00:13:08,826
- Yeah, but this
is actually a person
308
00:13:08,909 --> 00:13:12,283
who has ruby-colored
pubic hair.
309
00:13:12,367 --> 00:13:13,826
People come real close
to buying them,
310
00:13:13,909 --> 00:13:15,283
and then they know what
it is and they go,
311
00:13:15,367 --> 00:13:16,867
"Oh, I don't know."
[laughs]
312
00:13:16,951 --> 00:13:18,492
- Really?
313
00:13:18,575 --> 00:13:19,951
- I don't care
if they buy them.
314
00:13:20,033 --> 00:13:21,033
I just needed to make them.
315
00:13:21,117 --> 00:13:22,575
And my gallery would like it
316
00:13:22,659 --> 00:13:25,742
if I made
much more sellable things.
317
00:13:25,826 --> 00:13:28,283
- So talk to me a little bit
about the art market.
318
00:13:28,367 --> 00:13:30,283
- [laughs]
It's too dangerous,
319
00:13:30,367 --> 00:13:32,158
you know,
to even learn about it.
320
00:13:32,242 --> 00:13:34,033
I don't wanna know.
321
00:13:34,117 --> 00:13:35,367
♪ ♪
322
00:13:35,450 --> 00:13:36,951
- I love artists,
323
00:13:37,033 --> 00:13:38,909
but I don't know that
324
00:13:38,992 --> 00:13:41,701
the marketplace loves artists.
325
00:13:41,784 --> 00:13:47,033
And if we allow the marketplace
to determine what is good,
326
00:13:47,117 --> 00:13:49,033
then there is no place for me.
327
00:13:49,117 --> 00:13:50,158
[ripping]
328
00:13:50,242 --> 00:13:51,742
- I always say to artists,
329
00:13:51,826 --> 00:13:53,659
"Don't be an artist unless
330
00:13:53,742 --> 00:13:56,951
you really, really, really,
really, really have to."
331
00:13:57,033 --> 00:14:02,242
Because 99.999% of artists
don't have money.
332
00:14:02,325 --> 00:14:03,534
It's that simple.
333
00:14:03,617 --> 00:14:07,826
Artists have to make
an enemy of envy.
334
00:14:07,909 --> 00:14:11,784
They must do this
or it will eat them alive.
335
00:14:12,659 --> 00:14:15,617
[soft orchestral music]
336
00:14:15,701 --> 00:14:20,867
♪ ♪
337
00:14:20,951 --> 00:14:23,033
- People say that the bunny
is the most valuable
338
00:14:23,117 --> 00:14:24,575
Jeff Koons in existence.
339
00:14:24,659 --> 00:14:26,617
- Very likely.
340
00:14:26,701 --> 00:14:28,992
- When we saw this,
I mean,
341
00:14:29,075 --> 00:14:31,033
we really wanted
to have a "Rabbit."
342
00:14:31,117 --> 00:14:34,117
But he only made three
plus the artist's proof.
343
00:14:34,200 --> 00:14:37,951
And, of course, they were
gone immediately.
344
00:14:38,033 --> 00:14:41,242
But, um, Stef always had
his eye on it,
345
00:14:41,325 --> 00:14:44,367
and we had the opportunity--
when would you say?
346
00:14:44,450 --> 00:14:47,575
'90-something?
- I bought it in 1991 for 945.
347
00:14:47,659 --> 00:14:49,784
- 945,000?
- Yeah.
348
00:14:49,867 --> 00:14:51,617
- And it was a time
that was--the market
349
00:14:51,701 --> 00:14:53,075
was not really very strong,
350
00:14:53,158 --> 00:14:54,742
and everybody was saying,
"Oh, you're crazy.
351
00:14:54,826 --> 00:14:56,409
You're crazy paying
that much for it."
352
00:14:56,492 --> 00:15:00,492
But Stef and I,
we just felt so right that
353
00:15:00,575 --> 00:15:04,117
it was the right time to do it
and the right time to buy it,
354
00:15:04,200 --> 00:15:08,033
and no matter what the value,
it was going to belong to us.
355
00:15:08,117 --> 00:15:10,075
And that was what--
the most important thing.
356
00:15:10,158 --> 00:15:11,617
- What--what would
it be worth now?
357
00:15:11,701 --> 00:15:14,242
- $65 million.
- Yes, yes, yes.
358
00:15:14,325 --> 00:15:16,701
So we snapped at it.
[laughs]
359
00:15:16,784 --> 00:15:18,409
♪ ♪
360
00:15:18,492 --> 00:15:21,701
- This is a Warhol skull.
- This is Warhol's "Skull."
361
00:15:21,784 --> 00:15:23,951
So there are certain
code things that happen.
362
00:15:24,033 --> 00:15:26,367
One, it has to be juicy.
363
00:15:26,450 --> 00:15:28,992
You see the juice
that he had here?
364
00:15:29,075 --> 00:15:31,575
And the other thing,
the direction of the skull
365
00:15:31,659 --> 00:15:33,951
has to create a baby face.
366
00:15:34,033 --> 00:15:36,325
See that profile
of the baby face?
367
00:15:36,409 --> 00:15:38,117
That is the important part of--
368
00:15:38,200 --> 00:15:40,534
- How do you find--I mean,
important, says who?
369
00:15:40,617 --> 00:15:43,617
- Important to the art world,
to the values.
370
00:15:43,701 --> 00:15:47,158
- To the--to your eye.
- To the feinschmeckers.
371
00:15:47,242 --> 00:15:48,158
[laughs]
372
00:15:48,242 --> 00:15:52,075
[insects buzzing]
373
00:15:52,575 --> 00:15:56,992
- There are no rules about
what is gonna be good
374
00:15:57,075 --> 00:16:00,325
and what is gonna be bad.
375
00:16:00,409 --> 00:16:02,992
Art doesn't give a shit.
376
00:16:03,075 --> 00:16:05,075
It never has.
377
00:16:05,158 --> 00:16:08,826
[Bach's "Sinfonia"
from "BVW 42" playing]
378
00:16:08,909 --> 00:16:11,075
♪ ♪
379
00:16:11,158 --> 00:16:13,659
Why don't you go in first?
Show everybody, and...
380
00:16:13,742 --> 00:16:14,992
♪ ♪
381
00:16:15,075 --> 00:16:19,617
Just--follow Paula.
Yeah.
382
00:16:19,701 --> 00:16:21,617
- [soft chuckle]
- It's good advice.
383
00:16:21,701 --> 00:16:23,534
[chuckles]
384
00:16:23,617 --> 00:16:30,742
♪ ♪
385
00:16:40,117 --> 00:16:41,909
- Is this all one continuous
piece of canvas?
386
00:16:41,992 --> 00:16:44,951
- Yeah, I've painted that way
since 1971.
387
00:16:45,033 --> 00:16:46,742
Yeah.
388
00:16:46,826 --> 00:16:50,117
I'm just working on this
basically the whole thing
389
00:16:50,200 --> 00:16:53,909
all the time, and, you know,
390
00:16:53,992 --> 00:16:55,617
putting stuff on.
391
00:16:56,117 --> 00:16:59,617
And now we're painting this.
[chuckles]
392
00:17:01,992 --> 00:17:05,575
Most people think
it's like putting makeup on.
393
00:17:05,659 --> 00:17:07,867
You know,
you gotta be careful.
394
00:17:07,951 --> 00:17:09,534
Get close to a Rembrandt,
395
00:17:09,617 --> 00:17:11,867
and you see how quickly
things were done.
396
00:17:11,951 --> 00:17:13,784
Flicks.
Flick, flick, flick.
397
00:17:13,867 --> 00:17:15,492
Little flicks of color.
398
00:17:15,575 --> 00:17:17,158
- So when I say to people,
399
00:17:17,242 --> 00:17:18,867
"I wanna interview
Larry Poons."
400
00:17:18,951 --> 00:17:19,867
- Mm-hmm.
401
00:17:19,951 --> 00:17:21,200
- Some people say--
402
00:17:21,283 --> 00:17:23,283
- Why the fuck you
want to do that?
403
00:17:23,367 --> 00:17:25,075
Yeah.
- Well, what happened to him?
404
00:17:25,158 --> 00:17:26,325
Where--where is he?
- Yeah, I know.
405
00:17:26,450 --> 00:17:28,909
They think I'm dead.
Yeah.
406
00:17:28,951 --> 00:17:30,492
They thought--
a lot of people have thought
407
00:17:30,617 --> 00:17:33,117
I was dead for a long time.
408
00:17:33,200 --> 00:17:34,325
You know.
409
00:17:34,450 --> 00:17:36,158
It's not my fault.
410
00:17:37,450 --> 00:17:42,617
My only defense
against fate is color.
411
00:17:43,992 --> 00:17:46,909
[lively classical music]
412
00:17:46,992 --> 00:17:54,158
♪ ♪
413
00:18:01,575 --> 00:18:04,158
- All of these images that
are in this room, you know,
414
00:18:04,242 --> 00:18:07,283
are connected to art history,
and they're created through
415
00:18:07,367 --> 00:18:12,283
systems that I'm responsible
for each and every mark.
416
00:18:12,367 --> 00:18:14,325
Having the correct
color there,
417
00:18:14,409 --> 00:18:17,492
and everything numbered and
using the maps so that
418
00:18:17,575 --> 00:18:19,575
when we look at this,
everything--
419
00:18:19,659 --> 00:18:22,367
I'm completely responsible for.
420
00:18:24,075 --> 00:18:26,534
- So it doesn't matter that
you don't physically
421
00:18:26,617 --> 00:18:28,200
touch the canvas with a brush?
422
00:18:28,283 --> 00:18:31,909
- Well, uh, I am, in a way,
physically doing it,
423
00:18:31,992 --> 00:18:34,283
but it's physically
through all these systems.
424
00:18:34,367 --> 00:18:37,450
But it's like articulating
your fingers and, you know,
425
00:18:37,534 --> 00:18:39,409
your mind is telling
the finger to do this.
426
00:18:39,492 --> 00:18:42,033
So at the end of the day,
that mark is as if
427
00:18:42,117 --> 00:18:44,701
I would sit here
and do it myself.
428
00:18:44,784 --> 00:18:47,867
Now, if I would do this,
the only thing
429
00:18:47,951 --> 00:18:49,909
that I'd be able
to accomplish next year
430
00:18:49,992 --> 00:18:51,617
would be just
creating this painting.
431
00:18:51,701 --> 00:18:53,951
I wouldn't be able
to do anything else.
432
00:18:54,033 --> 00:18:58,742
♪ ♪
433
00:18:58,826 --> 00:19:00,701
- 8 to 12 million.
434
00:19:00,784 --> 00:19:02,617
Okay, so this is a really
interesting picture.
435
00:19:02,701 --> 00:19:05,492
This, we just hit it.
This is like a money shot.
436
00:19:05,575 --> 00:19:07,826
When you have
the painting you're selling
437
00:19:07,909 --> 00:19:09,826
and then
a picture of the artist
438
00:19:09,909 --> 00:19:11,200
standing in front of
the painting.
439
00:19:11,283 --> 00:19:13,909
- [laughs]
- Bill de Kooning, winner.
440
00:19:13,992 --> 00:19:15,951
- Holy Grail of comps.
- Holy Grail of comps.
441
00:19:16,033 --> 00:19:17,617
That's as good as it gets.
442
00:19:18,200 --> 00:19:20,534
I don't like these comps.
443
00:19:20,617 --> 00:19:23,909
Comp can't overwhelm the image.
444
00:19:23,992 --> 00:19:25,867
Like this,
the fantastic Matisse.
445
00:19:25,951 --> 00:19:27,909
Yeah, boy, you wanna know
what that would be worth today?
446
00:19:27,992 --> 00:19:29,450
- Oh, my--yeah, what would
that be worth?
447
00:19:29,534 --> 00:19:31,367
- Forget about it.
448
00:19:31,450 --> 00:19:32,951
A couple hundo.
A lot.
449
00:19:33,033 --> 00:19:35,158
- A couple hundred million?
- I'm thinking, yeah.
450
00:19:35,242 --> 00:19:36,659
Yeah, definitely.
- Sure.
451
00:19:36,742 --> 00:19:38,909
- Like, pricele--"priceless,"
452
00:19:38,992 --> 00:19:41,075
and then you sort of
work backwards, so...
453
00:19:41,158 --> 00:19:43,784
- Are there still
masterpieces being made today?
454
00:19:43,867 --> 00:19:46,534
- Oh, I gotta believe.
I mean, yeah.
455
00:19:46,617 --> 00:19:48,367
Yeah, I mean,
I have to believe there are.
456
00:19:48,450 --> 00:19:51,409
I wouldn't even question that.
What kind of question is that?
457
00:19:51,492 --> 00:19:53,951
It's like a--that's like,
"Do you believe in the future?"
458
00:19:54,033 --> 00:19:56,992
That's what you just asked me.
Do you believe in the future?
459
00:19:57,075 --> 00:19:58,742
No, done, we're done.
Let's just go. We're not--
460
00:19:58,826 --> 00:20:00,409
Yeah, of course
I believe in the future.
461
00:20:00,492 --> 00:20:02,325
Of course I believe great
things are being made today.
462
00:20:02,409 --> 00:20:04,409
[cell phone chiming]
London calling.
463
00:20:04,492 --> 00:20:06,450
This is the time of day
where London calls.
464
00:20:06,534 --> 00:20:07,951
Hey, Alex.
465
00:20:08,033 --> 00:20:09,158
How late can I call you?
466
00:20:09,242 --> 00:20:10,951
[soft dramatic music]
467
00:20:11,033 --> 00:20:14,117
- In the end
of the last century,
468
00:20:14,200 --> 00:20:17,283
uh, we sat around at Christie's
trying to think what the hell
469
00:20:17,367 --> 00:20:19,283
we were gonna do next,
because frankly...
470
00:20:19,367 --> 00:20:20,951
[indistinct auctioneering]
471
00:20:21,033 --> 00:20:23,450
Supply of old masterpieces
wasn't just limited.
472
00:20:23,534 --> 00:20:25,784
It was diminishing.
473
00:20:25,867 --> 00:20:28,617
And almost all our markets
and all our businesses
474
00:20:28,701 --> 00:20:30,158
were getting smaller.
475
00:20:30,242 --> 00:20:31,409
- ...million dollars.
476
00:20:31,492 --> 00:20:33,659
- Thank you very much.
477
00:20:33,742 --> 00:20:36,283
- With new collectors
coming into the market
478
00:20:36,367 --> 00:20:38,575
trying to build collections,
479
00:20:38,659 --> 00:20:42,367
younger people
enriched beyond imagination
480
00:20:42,450 --> 00:20:45,659
with a thirst
for the new and the loud,
481
00:20:45,742 --> 00:20:48,492
where were they gonna go?
482
00:20:48,575 --> 00:20:51,534
[David Bowie's "Fashion"]
483
00:20:51,617 --> 00:20:57,867
♪ ♪
484
00:20:57,951 --> 00:20:59,534
In terms of contemporary art,
485
00:20:59,617 --> 00:21:01,492
there was a lot of
production going on,
486
00:21:01,575 --> 00:21:04,033
and the supply issue
wasn't gonna be a problem.
487
00:21:04,117 --> 00:21:05,992
♪ ♪
488
00:21:06,075 --> 00:21:08,409
You know, the supply
was almost infinite.
489
00:21:08,492 --> 00:21:10,075
- ♪ I don't know its name ♪
490
00:21:10,158 --> 00:21:14,575
♪ ♪
491
00:21:14,659 --> 00:21:17,867
- I don't think anyone really
understood just how important,
492
00:21:17,951 --> 00:21:22,951
um, contemporary art
was going to become.
493
00:21:23,033 --> 00:21:26,409
But it would basically
overshadow almost all other
494
00:21:26,492 --> 00:21:28,033
collecting areas
in the art market.
495
00:21:28,117 --> 00:21:30,200
- ♪ Fashion!
Turn to the left ♪
496
00:21:30,283 --> 00:21:32,450
♪ Fashion!
Turn to the right ♪
497
00:21:32,534 --> 00:21:36,992
♪ Ooh, fashion! ♪
498
00:21:37,075 --> 00:21:40,075
♪ We are the goon squad
and we're coming to town ♪
499
00:21:40,158 --> 00:21:41,200
- The money is
500
00:21:41,283 --> 00:21:43,701
an inevitable consequence
501
00:21:43,784 --> 00:21:46,951
of demand and supply.
502
00:21:47,033 --> 00:21:49,742
And so there's a temptation
for the artists
503
00:21:49,826 --> 00:21:52,951
to overproduce and to push.
504
00:21:53,033 --> 00:21:55,617
♪ ♪
505
00:21:55,701 --> 00:22:02,033
- [vocalizing]
506
00:22:02,117 --> 00:22:03,242
♪ Fashion ♪
507
00:22:03,325 --> 00:22:04,617
♪ ♪
508
00:22:04,701 --> 00:22:08,951
[vocalizing]
509
00:22:17,283 --> 00:22:21,867
- My brain feels tapped out
since my last show.
510
00:22:21,951 --> 00:22:25,784
Um, but I don't want to
just make an exact replica,
511
00:22:25,867 --> 00:22:28,075
because it just
will be too boring.
512
00:22:28,158 --> 00:22:30,200
So I tried to
change the colors,
513
00:22:30,283 --> 00:22:34,033
but even that is not enough
to keep me engaged.
514
00:22:35,575 --> 00:22:37,784
My production is very low.
515
00:22:37,867 --> 00:22:41,409
Um, so, in a good year,
I make 12 works.
516
00:22:41,492 --> 00:22:44,242
Um, in a year like this
where I just had a baby,
517
00:22:44,325 --> 00:22:47,617
I might end up making
six to eight works.
518
00:22:47,701 --> 00:22:50,784
If I'm thinking of wanting
these works to be seen,
519
00:22:50,867 --> 00:22:55,033
there's a temptation
to get them out fast.
520
00:22:55,117 --> 00:22:58,659
But if I speed up
the production of the work,
521
00:22:58,742 --> 00:23:03,200
it will take away from
all that behind the scenes
522
00:23:03,283 --> 00:23:06,242
that makes the work
as rich as it is.
523
00:23:07,826 --> 00:23:09,784
- I'm thinking...
524
00:23:09,867 --> 00:23:11,742
Big.
All right.
525
00:23:11,826 --> 00:23:15,450
[Little Walter's
"You Better Watch Yourself"]
526
00:23:15,534 --> 00:23:17,575
Ooh, forget how
these things break.
527
00:23:17,659 --> 00:23:20,117
I throw these things
out like that.
528
00:23:20,200 --> 00:23:21,617
♪ ♪
529
00:23:21,701 --> 00:23:23,617
- ♪ You better
watch yourself ♪
530
00:23:23,701 --> 00:23:25,617
♪ ♪
531
00:23:25,701 --> 00:23:27,492
♪ You better watch yourself ♪
532
00:23:27,575 --> 00:23:30,242
♪ 'Cause I've got
my eyes on you ♪
533
00:23:30,325 --> 00:23:32,701
♪ ♪
534
00:23:32,784 --> 00:23:35,951
♪ You can steal my love ♪
- He's very persistent.
535
00:23:36,033 --> 00:23:38,492
- This particular fella?
- This guy.
536
00:23:38,575 --> 00:23:39,826
He's always sort of there
537
00:23:39,909 --> 00:23:42,992
as a kind of alter ego.
538
00:23:43,075 --> 00:23:44,826
- There are people out there
who say, you know,
539
00:23:44,909 --> 00:23:47,826
"Well, for the market,
it'd be better if George Condo
540
00:23:47,909 --> 00:23:49,659
did a little less.
He does so much."
541
00:23:49,742 --> 00:23:53,826
- I think that people say that
all the time to living artists.
542
00:23:53,909 --> 00:23:55,826
"Oh, man, you know,
you're doing too much."
543
00:23:55,909 --> 00:23:59,701
But, you know, if you think
about a guy like, you know,
544
00:23:59,784 --> 00:24:01,534
whose work you really like,
you think,
545
00:24:01,617 --> 00:24:05,534
"Are you--would it have been
great had Monet done, like,
546
00:24:05,617 --> 00:24:07,325
3,000 less paintings?"
You know?
547
00:24:07,409 --> 00:24:10,659
Or Picasso had done 500 less,
or...
548
00:24:10,742 --> 00:24:13,117
You don't have to, like,
sell everything you do.
549
00:24:13,200 --> 00:24:14,659
It's not about that.
550
00:24:14,742 --> 00:24:16,909
It's just about making sure
that you never sort of
551
00:24:16,992 --> 00:24:20,283
deprive yourself of
an inspiration as an artist.
552
00:24:20,367 --> 00:24:22,701
- ♪ 'Cause I've got
my eyes on you ♪
553
00:24:22,784 --> 00:24:25,701
♪ ♪
554
00:24:25,784 --> 00:24:29,659
- Right now we have--
we have five Condos.
555
00:24:29,742 --> 00:24:32,200
- You currently have five--
- Five Condos.
556
00:24:32,283 --> 00:24:36,826
By having parameters,
my life is a lot easier.
557
00:24:36,909 --> 00:24:38,075
- Which parameters?
558
00:24:38,158 --> 00:24:41,909
- Well, 200 works,
40 artists.
559
00:24:41,992 --> 00:24:43,534
- That's it?
- That's it.
560
00:24:43,617 --> 00:24:45,033
- Arbitrary rule?
You just came up with it?
561
00:24:45,117 --> 00:24:47,325
- No--well, yes,
it's sort of arbitrary,
562
00:24:47,409 --> 00:24:50,117
but when I try--I mentioned
that to a very important
563
00:24:50,200 --> 00:24:54,409
hedge fund guy about
five, six years ago, he smiled.
564
00:24:54,492 --> 00:24:56,075
He hadn't been
doing any collecting
565
00:24:56,158 --> 00:24:57,200
but is collecting now.
566
00:24:57,283 --> 00:24:58,659
He says, "That's interesting.
567
00:24:58,742 --> 00:25:02,409
My analysts can only follow
about 40 stocks."
568
00:25:02,492 --> 00:25:04,951
And the other thing helps
is to know
569
00:25:05,033 --> 00:25:07,701
what you really need
in a way, you know?
570
00:25:07,784 --> 00:25:10,450
I needed these lemons,
I needed these birds,
571
00:25:10,534 --> 00:25:12,575
because now if
I'm gonna do Rondinone,
572
00:25:12,659 --> 00:25:14,492
I have to have
a little garden here.
573
00:25:16,283 --> 00:25:19,701
And then the clown shoes,
I paid 270 for them.
574
00:25:19,784 --> 00:25:21,659
I traded.
- How does that work?
575
00:25:21,742 --> 00:25:23,325
- I exchanged it
for another work.
576
00:25:23,409 --> 00:25:25,575
- You don't write checks?
- I try not to.
577
00:25:25,659 --> 00:25:27,450
[laughs]
- So you don't use money?
578
00:25:27,534 --> 00:25:30,283
- Usually an official exchange,
and it's all done,
579
00:25:30,367 --> 00:25:32,075
uh, with paperwork.
- Hmm.
580
00:25:32,158 --> 00:25:34,992
- You know, some people think
that, uh,
581
00:25:35,075 --> 00:25:37,659
that Uncle Sam
is not getting his cut,
582
00:25:37,742 --> 00:25:39,117
which is probably true.
583
00:25:39,200 --> 00:25:41,242
But that's also true
in real estate.
584
00:25:41,325 --> 00:25:44,117
And as long as the laws
are there to do it,
585
00:25:44,200 --> 00:25:47,784
it's a good way to,
uh, build a collection.
586
00:25:47,867 --> 00:25:49,575
That's the art of the deal.
587
00:25:49,659 --> 00:25:52,117
Well, let's try what
happened in '16.
588
00:25:52,200 --> 00:25:54,200
[mouse clicking]
589
00:25:55,075 --> 00:25:57,992
Oh, oh, '16 was really busy.
590
00:25:58,075 --> 00:26:03,367
Glenn Brown, Maurizio Cattelan,
Jeff Koons, Richard Prince.
591
00:26:03,450 --> 00:26:05,117
All the usual suspects.
592
00:26:05,200 --> 00:26:06,659
- What did you buy
from Jeff Koons?
593
00:26:06,742 --> 00:26:10,784
- Jeff Koons was
the Courbet Sleep.
594
00:26:10,867 --> 00:26:13,033
- Oh, the "Gazing Ball"?
- Yeah, the "Gazing Ball."
595
00:26:13,117 --> 00:26:15,033
- What--what did
the "Gazing Ball" cost?
596
00:26:15,117 --> 00:26:17,992
- That was--
they were $2 1/2 million.
597
00:26:18,075 --> 00:26:19,283
They were modestly priced.
598
00:26:19,367 --> 00:26:22,701
[quirky orchestral music]
599
00:26:22,784 --> 00:26:24,826
- If you look here
at the "Gazing Ball,"
600
00:26:24,909 --> 00:26:27,492
it's reflecting us
right now, right here.
601
00:26:27,575 --> 00:26:30,325
So this is
the right here, right now.
602
00:26:30,409 --> 00:26:32,826
Then there's, like, this
interface where
603
00:26:32,909 --> 00:26:35,492
the painting is
reflected into the ball.
604
00:26:35,575 --> 00:26:37,325
You kind of enter
into the painting,
605
00:26:37,409 --> 00:26:39,033
then you go into
the realm of the eternal.
606
00:26:39,117 --> 00:26:42,367
You go into this type
of connectivity of the past.
607
00:26:42,450 --> 00:26:45,617
It's telling you everything
it can about where you are
608
00:26:45,701 --> 00:26:48,200
in the universe
right at this moment.
609
00:26:48,283 --> 00:26:49,575
It's generous.
610
00:26:49,659 --> 00:26:51,534
And it comes back to how you
interact
611
00:26:51,617 --> 00:26:54,367
with yourself and
how you interact with others.
612
00:26:54,450 --> 00:26:57,242
It's all metaphor.
Metaphor.
613
00:26:57,325 --> 00:26:58,909
Everything's metaphor.
614
00:26:58,992 --> 00:27:00,367
♪ ♪
615
00:27:00,450 --> 00:27:04,784
- Gazing is essential
in looking at visual art.
616
00:27:04,867 --> 00:27:08,117
And the notion to have a ball
in the backyard that you can
617
00:27:08,200 --> 00:27:12,117
gaze at--maybe smoke a pipe
and gazing at the ball--
618
00:27:12,200 --> 00:27:14,575
is absolutely how
you enjoy art.
619
00:27:14,659 --> 00:27:16,033
You gaze at it.
620
00:27:16,117 --> 00:27:19,075
You can look at it,
but gazing is somehow
621
00:27:19,158 --> 00:27:21,742
nobler than just gawking.
622
00:27:21,826 --> 00:27:22,826
♪ ♪
623
00:27:22,909 --> 00:27:24,367
This is the irony.
624
00:27:24,450 --> 00:27:26,742
I can look at something
that's totally contemporary
625
00:27:26,826 --> 00:27:28,534
and people
get ticked off because,
626
00:27:28,617 --> 00:27:29,992
what am I looking at?
627
00:27:30,075 --> 00:27:32,158
And that's a real question.
But never mind.
628
00:27:32,242 --> 00:27:33,992
I have a Courbet.
[soft chuckle]
629
00:27:34,075 --> 00:27:37,158
So I have the guilty pleasure
of enjoying something
630
00:27:37,242 --> 00:27:39,242
which would be very mundane.
631
00:27:39,325 --> 00:27:42,158
You know, a knockoff doesn't
get you a lot of credit
632
00:27:42,242 --> 00:27:45,409
as an art collector,
because anybody can do that.
633
00:27:45,492 --> 00:27:49,409
But put a gazing ball on it,
and presto.
634
00:27:49,492 --> 00:27:50,659
[chuckles]
635
00:27:50,742 --> 00:27:57,826
♪ ♪
636
00:28:04,492 --> 00:28:07,409
- I don't like this man's
relentless and honest
637
00:28:07,492 --> 00:28:09,701
and bold stare at me.
638
00:28:11,575 --> 00:28:13,242
Someone said to me once,
you know,
639
00:28:13,325 --> 00:28:16,617
"The work of art
is not the artist,
640
00:28:16,701 --> 00:28:18,909
but the artist
is the work of art."
641
00:28:18,992 --> 00:28:21,742
And that's
a very mystical saying,
642
00:28:21,826 --> 00:28:24,450
but what I think that means
is only Rembrandt
643
00:28:24,534 --> 00:28:26,492
could have made this picture.
644
00:28:26,575 --> 00:28:29,867
This is an aged artist
who's showing us his flesh
645
00:28:29,951 --> 00:28:33,617
and his world--worldly scars
and beatings he's taken,
646
00:28:33,701 --> 00:28:37,283
not just as a person,
but as an artist.
647
00:28:37,367 --> 00:28:42,367
It makes you think about
life in the raw, you know?
648
00:28:42,450 --> 00:28:46,033
And I think that paintings,
when they're at their greatest,
649
00:28:46,117 --> 00:28:47,659
are making demands on us
650
00:28:47,742 --> 00:28:50,325
and it's easier for us
to just walk away.
651
00:28:50,409 --> 00:28:53,409
Can you imagine what it would
be like to have this
652
00:28:53,492 --> 00:28:56,909
in one's house and
how irradiated one would feel
653
00:28:56,992 --> 00:28:59,158
as one sat down for breakfast
654
00:28:59,242 --> 00:29:01,575
with the sports page
and Special K, you know?
655
00:29:01,659 --> 00:29:06,492
It would just be a--such an
overpowering, sacred presence.
656
00:29:06,575 --> 00:29:09,492
[somber piano music]
657
00:29:09,575 --> 00:29:16,701
♪ ♪
658
00:29:20,075 --> 00:29:22,492
I don't even,
um, try to contemplate
659
00:29:22,575 --> 00:29:24,867
what these things
would be worth.
660
00:29:24,951 --> 00:29:26,659
♪ ♪
661
00:29:26,742 --> 00:29:30,492
The--the pricelessness that
makes for price in the world.
662
00:29:30,575 --> 00:29:33,701
♪ ♪
663
00:29:33,784 --> 00:29:38,492
This Vermeer, for example,
has got it all over,
664
00:29:38,575 --> 00:29:42,033
every evaluation,
professorial or commercial,
665
00:29:42,117 --> 00:29:44,200
that could ever be put upon it,
666
00:29:44,283 --> 00:29:46,909
because it deals in
what used to be called
667
00:29:46,992 --> 00:29:51,701
in times less defeated, uh,
than ours, "the soul."
668
00:29:51,784 --> 00:29:53,534
♪ ♪
669
00:29:53,617 --> 00:29:56,951
But it's a pie in the sky
to believe that this is
670
00:29:57,033 --> 00:30:00,534
to be separated out from
a culture that values things,
671
00:30:00,617 --> 00:30:04,075
that values materials,
and that even can put a value
672
00:30:04,158 --> 00:30:08,909
on that which is immaterial,
like light itself.
673
00:30:08,992 --> 00:30:12,033
[dramatic orchestral music]
674
00:30:12,117 --> 00:30:18,575
♪ ♪
675
00:30:18,659 --> 00:30:21,867
- I gotta think
about this really hard.
676
00:30:21,951 --> 00:30:24,117
I think we're not making
virtue enough of the red.
677
00:30:24,200 --> 00:30:25,659
So--
- Yeah.
678
00:30:25,742 --> 00:30:27,409
We were playing around
with the idea of, like,
679
00:30:27,492 --> 00:30:29,367
a shaft of light.
680
00:30:29,450 --> 00:30:32,158
Something with, uh, how it's--
- Caravaggio-esque.
681
00:30:32,242 --> 00:30:34,659
- Yeah.
- This is a masterpiece.
682
00:30:34,742 --> 00:30:38,409
It could be sort of something
va-va-voom, sexy.
683
00:30:38,492 --> 00:30:40,075
Richter's just got it.
We could just--
684
00:30:40,158 --> 00:30:42,075
Everybody knows
this is greatness.
685
00:30:42,158 --> 00:30:43,951
There's two
in this collection of,
686
00:30:44,033 --> 00:30:46,242
I would say, equal caliber.
687
00:30:46,325 --> 00:30:48,826
This is where Richter's
really like Rothko.
688
00:30:48,909 --> 00:30:52,575
Because this one is, like,
exuberant and alive and sexy
689
00:30:52,659 --> 00:30:55,158
and, like,
juicy and life-giving.
690
00:30:55,242 --> 00:30:57,867
And then the other one
in this grouping,
691
00:30:57,951 --> 00:30:59,784
which I'll find
in a moment...
692
00:31:00,992 --> 00:31:02,283
Oh.
- Mm-hmm.
693
00:31:02,367 --> 00:31:05,283
- I mean, this picture is,
like, so moody
694
00:31:05,367 --> 00:31:06,742
and psychological.
- It is so dark.
695
00:31:06,826 --> 00:31:08,701
- Like, it is such
an interior mental--
696
00:31:08,784 --> 00:31:10,617
- Really dark.
- Well, this one is body.
697
00:31:10,701 --> 00:31:12,951
The big red one is body.
And this one is soul.
698
00:31:13,033 --> 00:31:15,784
So then that reminds me
of Rothko because Rothko has
699
00:31:15,867 --> 00:31:17,784
paintings that are very
physical and bodily
700
00:31:17,867 --> 00:31:19,659
and some that are more
psychological and soulful.
701
00:31:19,742 --> 00:31:20,826
In his case,
it was a dark soul.
702
00:31:20,909 --> 00:31:22,450
- Rothko?
- Yeah.
703
00:31:22,534 --> 00:31:23,951
As are most people
who commit suicide
704
00:31:24,033 --> 00:31:25,117
at one point or another.
705
00:31:25,200 --> 00:31:27,200
Um, yeah, I mean, this--
706
00:31:27,283 --> 00:31:29,325
living with a picture like this
could change your life,
707
00:31:29,409 --> 00:31:30,492
if you let it.
708
00:31:30,575 --> 00:31:32,784
- How could it
change your life?
709
00:31:32,867 --> 00:31:36,575
- I mean, very few of us
live with such majesty.
710
00:31:36,659 --> 00:31:38,325
Truly.
711
00:31:38,409 --> 00:31:39,575
Gerhard Richter is probably
712
00:31:39,659 --> 00:31:41,575
the greatest living
European artist.
713
00:31:41,659 --> 00:31:43,909
I mean, these are very--
these are very, very important
714
00:31:43,992 --> 00:31:45,701
pictures to come for sale.
715
00:31:47,200 --> 00:31:49,033
- It's incredibly exciting
to have these two...
716
00:31:49,117 --> 00:31:50,450
- It's cool, right?
- In the sale.
717
00:31:50,534 --> 00:31:51,826
- We should invite him
to the sale.
718
00:31:51,909 --> 00:31:53,409
- You should.
- Believe me, dude,
719
00:31:53,492 --> 00:31:54,784
dude, he is not coming, okay?
720
00:31:54,867 --> 00:31:56,492
Like, I'm sure of that, okay?
He's old guard.
721
00:31:56,575 --> 00:31:57,826
He doesn't like
this sort of thing.
722
00:31:57,909 --> 00:32:00,951
He doesn't like
the selling of his works.
723
00:32:01,033 --> 00:32:03,909
This is the detail of
this Richter called "Ziege,"
724
00:32:03,992 --> 00:32:05,367
which means goat.
725
00:32:05,450 --> 00:32:07,283
That's the detail
of that painting,
726
00:32:07,367 --> 00:32:08,826
and this is
a very famous painting
727
00:32:08,909 --> 00:32:11,242
called "Police Gazette,"
728
00:32:11,325 --> 00:32:13,325
which is
a de Kooning from 1955.
729
00:32:13,409 --> 00:32:14,492
- Wasn't that de Kooning
730
00:32:14,575 --> 00:32:16,075
in the Scull auction?
- Right.
731
00:32:16,158 --> 00:32:18,492
A very important defining event
in the birth of
732
00:32:18,575 --> 00:32:20,325
the contemporary art market
as we know it
733
00:32:20,409 --> 00:32:22,033
was the Scull sale.
734
00:32:22,117 --> 00:32:23,492
Robert Scull, who was
735
00:32:23,575 --> 00:32:25,701
a player in
the New York art world
736
00:32:25,784 --> 00:32:27,992
in the '60s and '70s--
he was sort of like
737
00:32:28,075 --> 00:32:30,450
an original financier
in the art market--
738
00:32:30,534 --> 00:32:33,992
decided to do a sale from his
collection of living artists.
739
00:32:34,075 --> 00:32:35,617
- How are you, baby?
- All right, darling.
740
00:32:35,701 --> 00:32:37,784
[both kiss]
- How's everything?
741
00:32:37,867 --> 00:32:40,075
- Record numbers of
art dealers, collectors,
742
00:32:40,158 --> 00:32:42,867
and connoisseurs filed
into the Parke-Bernet Gallery
743
00:32:42,951 --> 00:32:45,617
for what was billed as
the most important auction
744
00:32:45,701 --> 00:32:47,909
of post-World War II
American art,
745
00:32:47,992 --> 00:32:50,075
all from the collection
of taxi fleet owner
746
00:32:50,158 --> 00:32:52,909
Robert Scull
and his wife, Ethel.
747
00:32:52,992 --> 00:32:54,617
- Robert Scull
was the personage,
748
00:32:54,701 --> 00:32:56,242
and everybody
talked about him.
749
00:32:56,325 --> 00:32:58,867
He was a guy that--
he was a bargain hunter,
750
00:32:58,951 --> 00:33:00,659
that he wanted to
always bypass
751
00:33:00,742 --> 00:33:02,492
the dealers and start doing
752
00:33:02,575 --> 00:33:04,492
business with
the artists directly.
753
00:33:04,575 --> 00:33:06,742
- I'm--I think it
would do some good, Leo.
754
00:33:06,826 --> 00:33:08,534
I think it's going to be--
- Yes, sure.
755
00:33:08,617 --> 00:33:12,033
- He was a rainmaker in
the art world, in that sense,
756
00:33:12,117 --> 00:33:16,575
where people that respected him
decided that
757
00:33:16,659 --> 00:33:20,117
if he liked something,
it was worth liking.
758
00:33:20,200 --> 00:33:22,242
I mean, we're lemmings.
[laughs]
759
00:33:22,325 --> 00:33:24,325
In the art world,
there's a lot of followers.
760
00:33:24,409 --> 00:33:27,325
A few leaders
and a lot of followers.
761
00:33:27,409 --> 00:33:31,158
And--which is okay
if you follow the right leader.
762
00:33:31,242 --> 00:33:33,450
[laughs]
763
00:33:33,534 --> 00:33:35,742
- When your husband would
come home with some of these,
764
00:33:35,826 --> 00:33:38,409
uh, peculiar things,
didn't all your friends
765
00:33:38,492 --> 00:33:40,409
laugh at you and think
you were crazy to have them?
766
00:33:40,492 --> 00:33:42,575
- Yes, they--they
considered us freaks.
767
00:33:42,659 --> 00:33:43,909
You know, we were
always pointed at.
768
00:33:43,992 --> 00:33:45,659
The museum, at dinner parties.
769
00:33:45,742 --> 00:33:46,909
You know, "Those two people,
770
00:33:46,992 --> 00:33:48,742
they collect
that terrible art,"
771
00:33:48,826 --> 00:33:51,242
you know,
and we just ignored them.
772
00:33:51,325 --> 00:33:53,617
- Ownership is involvement.
773
00:33:53,701 --> 00:33:56,534
Ownership is--
acquisition is involvement.
774
00:33:56,617 --> 00:33:59,617
And with art,
it's probably the most, uh,
775
00:33:59,701 --> 00:34:01,367
exciting kind of involvement.
776
00:34:01,450 --> 00:34:06,117
Of course, owning a nice share
of IBM is an involvement too.
777
00:34:06,200 --> 00:34:07,617
[indistinct chatter]
778
00:34:07,701 --> 00:34:09,492
That Poons,
you've never seen it.
779
00:34:09,575 --> 00:34:11,951
That Poons I bought,
I don't think you remember it.
780
00:34:12,033 --> 00:34:13,158
Excuse me.
781
00:34:14,534 --> 00:34:15,867
That Poons knocked me out.
782
00:34:15,951 --> 00:34:17,283
I've never seen it stretched
since the--
783
00:34:17,367 --> 00:34:18,450
I bought it.
- You're kidding.
784
00:34:18,534 --> 00:34:19,909
- No.
- Oh.
785
00:34:19,992 --> 00:34:22,242
- I had never been
to an art auction.
786
00:34:22,325 --> 00:34:24,117
In fact,
I've only been to one,
787
00:34:24,200 --> 00:34:26,283
which was the Scull auction.
788
00:34:26,367 --> 00:34:27,617
I just couldn't believe this.
789
00:34:27,701 --> 00:34:29,742
I mean, it was, uh--
the idea that
790
00:34:29,826 --> 00:34:31,450
art was being put
on the auction block
791
00:34:31,534 --> 00:34:32,701
like a piece of meat.
792
00:34:32,784 --> 00:34:34,617
It was just
extraordinary to me.
793
00:34:34,701 --> 00:34:37,075
I mean, this auction
had very high prices
794
00:34:37,158 --> 00:34:39,450
for the first time
for contemporary art.
795
00:34:39,534 --> 00:34:42,409
And I remember that
Rauschenberg was there.
796
00:34:42,492 --> 00:34:46,701
Uh, and he, uh--
he was really incensed,
797
00:34:46,784 --> 00:34:48,534
because the artists
got nothing out of this.
798
00:34:48,617 --> 00:34:51,325
The artists got the $600 they
were paid in the first place.
799
00:34:51,409 --> 00:34:53,242
It was totally p--
totally, totally,
800
00:34:53,325 --> 00:34:54,701
totally pivotal moment.
801
00:34:54,784 --> 00:34:56,367
Suddenly there was
the realization
802
00:34:56,450 --> 00:34:57,909
because of the prices
803
00:34:57,992 --> 00:35:01,033
that these works of art
by living artists got
804
00:35:01,117 --> 00:35:05,409
that you could make money
by buying low and selling high.
805
00:35:05,492 --> 00:35:08,659
[Stephen Emil Dudas and
Mark G. Hart's "All in Time"]
806
00:35:08,742 --> 00:35:12,659
♪ ♪
807
00:35:12,742 --> 00:35:18,617
- ♪ Reset your soul
remind your mind ♪
808
00:35:18,701 --> 00:35:20,367
♪ ♪
809
00:35:20,450 --> 00:35:24,450
♪ You just keep
searching for signs ♪
810
00:35:24,534 --> 00:35:27,867
[indistinct auctioneering]
811
00:35:27,951 --> 00:35:31,367
- ♪ You will find ♪
812
00:35:31,450 --> 00:35:32,951
♪ All in time ♪
813
00:35:33,033 --> 00:35:35,659
- $135,000...
814
00:35:35,742 --> 00:35:37,909
$130,000.
Now 180.
815
00:35:37,992 --> 00:35:39,367
At 180,000.
816
00:35:39,450 --> 00:35:41,534
[gavel bangs]
Sold, 200,000...
817
00:35:41,617 --> 00:35:43,492
[applause]
818
00:35:43,575 --> 00:35:44,909
- I have been crying.
819
00:35:44,992 --> 00:35:48,033
- Robert Rauschenberg.
Let's go.
820
00:35:48,117 --> 00:35:50,701
- For Christ's sake, you
didn't even send me flowers.
821
00:35:50,784 --> 00:35:52,742
- Send you flowers?
Nothing happened to you.
822
00:35:52,826 --> 00:35:54,409
- Or something.
- Where, for what?
823
00:35:54,492 --> 00:35:57,575
I should have anyway.
- There was a great markup.
824
00:35:57,659 --> 00:35:59,492
- You're right, you're right,
you're right.
825
00:35:59,575 --> 00:36:02,242
- I've been working my ass off
for you to make that profit?
826
00:36:02,325 --> 00:36:04,534
- How about yours that
you're going to sell now?
827
00:36:04,617 --> 00:36:07,617
I've been working for you too.
We work for each other.
828
00:36:08,534 --> 00:36:10,575
- Okay, let's make a deal.
- Oh, stopped you cold.
829
00:36:10,659 --> 00:36:12,826
[laughs]
830
00:36:17,951 --> 00:36:22,075
- These are still around.
Jim Dine, di Suvero, Guston,
831
00:36:22,158 --> 00:36:23,992
and Johns.
832
00:36:25,242 --> 00:36:28,575
Franz Kline.
"Target."
833
00:36:28,659 --> 00:36:32,534
There it is.
$125,000.
834
00:36:32,617 --> 00:36:35,909
The surface is to die for,
because it has everything.
835
00:36:35,992 --> 00:36:39,992
It has sprittzing.
It has all the collage stuff.
836
00:36:40,075 --> 00:36:42,033
Very rich.
I bought it for ten.
837
00:36:42,117 --> 00:36:44,117
- For 10 million in '97?
- Yeah.
838
00:36:44,200 --> 00:36:46,283
- And what would this piece
be worth now?
839
00:36:46,367 --> 00:36:48,367
- $100 million.
840
00:36:48,450 --> 00:36:50,283
- Seems crazy amount of money.
841
00:36:50,367 --> 00:36:52,325
- Seems like
a crazy amount of money.
842
00:36:52,409 --> 00:36:54,450
- Do you think it's worth it?
- Well, let's see.
843
00:36:54,534 --> 00:36:56,951
The stretcher is
probably worth 80 bucks.
844
00:36:57,033 --> 00:36:58,200
[laughs]
845
00:36:58,283 --> 00:36:59,951
And we have some
high-quality canvas.
846
00:37:00,033 --> 00:37:04,075
I don't know about the cost
of the paints.
847
00:37:04,158 --> 00:37:07,784
There's a lot of people that
848
00:37:07,867 --> 00:37:11,450
know the price of everything
and the value of nothing.
849
00:37:11,534 --> 00:37:14,367
[laughs]
850
00:37:14,450 --> 00:37:18,200
So apply that.
[laughs]
851
00:37:18,283 --> 00:37:23,158
Let's see, one of the early
purchases was an Oldenburg.
852
00:37:23,242 --> 00:37:26,409
Poons.
Don't see much Poons anymore.
853
00:37:26,492 --> 00:37:28,075
- What--what happened
to Poons?
854
00:37:28,158 --> 00:37:32,158
- He slipped off.
He slipped off the ledge.
855
00:37:32,242 --> 00:37:34,325
[laughs]
856
00:37:34,409 --> 00:37:37,909
And just for whatever reason.
857
00:37:40,367 --> 00:37:44,075
The art world is capricious
858
00:37:44,158 --> 00:37:46,450
and not clear as to
859
00:37:46,534 --> 00:37:50,325
what the reasons are for
some artists losing traction
860
00:37:50,409 --> 00:37:55,867
and others, uh,
sailing into the sky.
861
00:37:57,742 --> 00:37:58,659
[stapler clacks]
862
00:37:58,742 --> 00:38:00,575
[dramatic string music]
863
00:38:00,659 --> 00:38:04,701
[stapler clacking]
864
00:38:04,784 --> 00:38:11,450
♪ ♪
865
00:38:11,534 --> 00:38:14,742
- I was in that group.
866
00:38:14,826 --> 00:38:20,033
My dot pictures were
in that group of the '60s
867
00:38:20,117 --> 00:38:22,325
that were recognized.
868
00:38:22,409 --> 00:38:25,200
You know, made me
one of the boys.
869
00:38:25,283 --> 00:38:28,033
I mean, Jasper sold
his first paintings for about
870
00:38:28,117 --> 00:38:29,701
what I was selling
my first paintings.
871
00:38:29,784 --> 00:38:32,450
You know, $1,000
was big deal.
872
00:38:32,534 --> 00:38:34,200
- You showed with
Leo Castelli, right?
873
00:38:34,283 --> 00:38:35,367
And he was--
- Sure, sure.
874
00:38:35,450 --> 00:38:36,909
I moved up
from the Green Gallery
875
00:38:36,992 --> 00:38:39,534
to Leo Castelli's gallery
when the Green Gallery closed.
876
00:38:39,617 --> 00:38:41,033
Sure.
- Mm-hmm.
877
00:38:41,117 --> 00:38:45,659
- But then all this success,
all this, like, sameness
878
00:38:45,784 --> 00:38:49,325
at the time finally began
to look like sameness.
879
00:38:51,492 --> 00:38:52,951
I said to a guy in a gallery
880
00:38:53,033 --> 00:38:55,075
when I had a show,
like, in the works,
881
00:38:55,158 --> 00:38:56,784
I asked him,
882
00:38:56,826 --> 00:38:59,325
"What do you think
I should do, you know?"
883
00:38:59,450 --> 00:39:01,659
"You know, give me
some advice."
884
00:39:01,784 --> 00:39:05,951
And what he said to me,
he didn't mean.
885
00:39:06,033 --> 00:39:07,534
But what it meant to me,
I'll tell you.
886
00:39:07,659 --> 00:39:09,992
He said to me, "Oh, you don't
have to worry about that.
887
00:39:10,075 --> 00:39:11,617
You're Poons."
888
00:39:11,659 --> 00:39:14,367
And that repelled me.
889
00:39:14,450 --> 00:39:16,075
You see what I mean?
890
00:39:16,158 --> 00:39:18,158
That to me meant,
"Oh, you mean I should just
891
00:39:18,242 --> 00:39:20,784
paint the same way
I've been painting."
892
00:39:20,867 --> 00:39:21,909
Yeah.
893
00:39:24,951 --> 00:39:27,033
I--I didn't know what
I was looking for,
894
00:39:27,117 --> 00:39:29,951
but I knew that
isn't what I wanted to be.
895
00:39:30,075 --> 00:39:34,158
You know, I mean,
I--I wanted more.
896
00:39:34,242 --> 00:39:37,826
You know, I wanted to be...
897
00:39:37,909 --> 00:39:40,951
you know, Beethoven.
898
00:39:41,075 --> 00:39:44,575
[Beethoven's
"String Quartet No. 10"]
899
00:39:44,659 --> 00:39:46,575
The thing that
I'm certain of...
900
00:39:46,659 --> 00:39:48,409
♪ ♪
901
00:39:48,492 --> 00:39:50,033
I don't think
I'd be alive today
902
00:39:50,117 --> 00:39:53,951
if I had gotten rich back then.
903
00:39:55,617 --> 00:39:59,283
♪ ♪
904
00:39:59,367 --> 00:40:02,242
- I love Larry Poons.
905
00:40:02,325 --> 00:40:04,784
I got to sit next to him.
906
00:40:04,867 --> 00:40:07,158
It was the opening
of the Frank Stella show
907
00:40:07,242 --> 00:40:09,575
at the Whitney,
and he was one of my--
908
00:40:09,659 --> 00:40:11,826
he was on one side of me.
909
00:40:11,909 --> 00:40:17,075
And I said to him, I said,
"Oh, Larry Poons.
910
00:40:17,158 --> 00:40:21,534
You were one of my favorite
painters for a while."
911
00:40:21,617 --> 00:40:24,534
And he thought that was funny,
I guess.
912
00:40:24,617 --> 00:40:26,909
He thought it was funny.
913
00:40:27,534 --> 00:40:30,409
Most of the artists that
I've shown from the beginning
914
00:40:30,492 --> 00:40:33,075
have gotten very expensive.
915
00:40:33,158 --> 00:40:36,867
And there's a lot more money
in selling something
916
00:40:36,951 --> 00:40:40,075
the second or third time,
usually, than the first time.
917
00:40:40,158 --> 00:40:45,409
I sold my first Jeff Koons
at $700 to the Rubells.
918
00:40:45,492 --> 00:40:47,784
- Tell me a little bit
about Jeff Koons.
919
00:40:47,867 --> 00:40:50,867
- He's a wonderful guy.
Wonderful.
920
00:40:50,951 --> 00:40:54,826
His studio was above
the old Barneys,
921
00:40:54,909 --> 00:40:57,242
you know, on 17th and 7th.
922
00:40:57,325 --> 00:41:00,325
It was amazing to go into this
room 'cause it was covered
923
00:41:00,409 --> 00:41:04,409
with these plastic mirrors,
and then he had Velcro
924
00:41:04,492 --> 00:41:08,075
and these inflatable toys
stuck to the mirrors.
925
00:41:08,158 --> 00:41:12,909
And this is, like, 1978.
926
00:41:12,992 --> 00:41:15,617
He starts talking to me like,
"Well, you know,
927
00:41:15,701 --> 00:41:19,367
you have to have--
everything has to be new."
928
00:41:19,450 --> 00:41:22,534
Like, you know, like,
when they have cereal,
929
00:41:22,617 --> 00:41:23,909
they don't change the cereal.
930
00:41:23,992 --> 00:41:25,659
They just put "new" on it.
931
00:41:25,742 --> 00:41:27,701
So this is the new.
932
00:41:27,784 --> 00:41:32,659
And it foreshadows a lot of
the whole thing about branding
933
00:41:32,742 --> 00:41:35,784
and what people
attribute to Andy Warhol.
934
00:41:35,867 --> 00:41:38,158
Jeff knew all of that
just by instinct.
935
00:41:38,242 --> 00:41:39,909
- And he probably
would have created...
936
00:41:39,992 --> 00:41:42,826
- Around '79, '80,
all these people
937
00:41:42,909 --> 00:41:45,117
would say to me, "Hey,
have you met Jeff Koons?
938
00:41:45,200 --> 00:41:48,492
You've gotta meet Jeff Koons.
He works on Wall Street."
939
00:41:48,575 --> 00:41:50,617
Of course, Jeff was working
in a bucket shop,
940
00:41:50,701 --> 00:41:53,117
like, out of
"The Wolf of Wall Street."
941
00:41:53,200 --> 00:41:58,283
So someone told me the story
that one of the legends
942
00:41:58,367 --> 00:42:02,200
of Wall Street
comes in one day,
943
00:42:02,283 --> 00:42:06,450
and all the salesmen
are enthralled.
944
00:42:06,534 --> 00:42:08,867
You know, "You're amazing."
945
00:42:08,951 --> 00:42:11,200
And this guy says,
"You think I'm good?
946
00:42:11,283 --> 00:42:13,784
Wait till you see
this guy, Koons."
947
00:42:13,867 --> 00:42:16,450
- You mailed in my company
a postcard a few weeks back
948
00:42:16,534 --> 00:42:18,200
requesting information
on penny stocks
949
00:42:18,283 --> 00:42:20,450
that had huge upside potential
with very little--
950
00:42:20,534 --> 00:42:22,158
- Jeff gets on the phone,
951
00:42:22,242 --> 00:42:24,242
and they're listening to him.
952
00:42:24,325 --> 00:42:25,784
- It is perhaps the best thing
953
00:42:25,867 --> 00:42:27,492
I've seen in
the last six months.
954
00:42:27,575 --> 00:42:29,117
- And everything stops,
955
00:42:29,200 --> 00:42:32,117
and they watch Jeff Koons,
956
00:42:32,200 --> 00:42:35,158
in one phone session,
957
00:42:35,242 --> 00:42:39,367
go from getting the lead,
softening him up,
958
00:42:39,450 --> 00:42:42,784
and closing it
in one conversation.
959
00:42:42,867 --> 00:42:46,909
They were just in awe.
They'd never seen this before.
960
00:42:51,075 --> 00:42:52,742
- How'd you fucking do that?
961
00:42:52,826 --> 00:42:56,075
- This natural
American salesmanship
962
00:42:56,158 --> 00:42:58,534
infuses everything he does.
963
00:42:58,617 --> 00:43:02,117
- You know, the first time
we were asked to, um,
964
00:43:02,200 --> 00:43:04,409
to guarantee
a Jeff Koons work,
965
00:43:04,492 --> 00:43:06,534
they said, "Well, you know,
it's an addition of four
966
00:43:06,617 --> 00:43:08,742
with an artist proof."
And I said, "What do you mean?
967
00:43:08,826 --> 00:43:10,575
There are five
of these things?"
968
00:43:10,659 --> 00:43:14,409
And surely that should reduce
the value of this work of art.
969
00:43:14,492 --> 00:43:16,534
But, in fact,
it's completely the opposite.
970
00:43:16,617 --> 00:43:21,200
I mean, actually made it more
desirable in the marketplace.
971
00:43:21,283 --> 00:43:23,867
He was also the first artist
that I became aware of
972
00:43:23,951 --> 00:43:25,701
that there was
a sort of futures market,
973
00:43:25,784 --> 00:43:30,200
that he would sell you
something that he hadn't made
974
00:43:30,283 --> 00:43:34,200
for three years' time,
at a price,
975
00:43:34,283 --> 00:43:38,158
and then that--
that promise became traded.
976
00:43:38,242 --> 00:43:41,283
[Beethoven's
"String Quartet No. 10"]
977
00:43:41,367 --> 00:43:48,242
♪ ♪
978
00:43:48,325 --> 00:43:50,701
- Blah, blah, blah, blah.
979
00:43:50,784 --> 00:43:52,117
Let's go.
980
00:43:52,200 --> 00:43:56,659
♪ ♪
981
00:43:56,742 --> 00:43:59,117
So, what would you like
from me?
982
00:43:59,200 --> 00:44:01,867
- Uh, really, for one, we just
wanted to show it to you.
983
00:44:01,951 --> 00:44:05,659
Also just to find out,
is it a finished work of art?
984
00:44:05,742 --> 00:44:09,742
- I didn't bother
to paint on it anymore,
985
00:44:09,826 --> 00:44:12,117
and for some reason,
it was discarded.
986
00:44:12,200 --> 00:44:13,367
- Hmm.
987
00:44:13,450 --> 00:44:14,742
Well, I'm a huge fan
of your work,
988
00:44:14,826 --> 00:44:16,534
particularly your
early minimal work,
989
00:44:16,617 --> 00:44:18,784
so I was so excited
when I saw the picture.
990
00:44:18,867 --> 00:44:21,158
It was only when
it arrived here that we thought
991
00:44:21,242 --> 00:44:22,617
it wasn't quite right.
992
00:44:22,701 --> 00:44:25,492
- You see, when I stopped
painting dots like that...
993
00:44:25,575 --> 00:44:27,659
- Uh-huh.
- Or paintings like that,
994
00:44:27,742 --> 00:44:30,534
you know, all my old friends,
they stopped talking to me
995
00:44:30,617 --> 00:44:32,117
'cause I--I changed.
996
00:44:32,200 --> 00:44:34,659
The only guy who stood up
was Frank Stella.
997
00:44:34,742 --> 00:44:35,992
- Interesting.
998
00:44:36,075 --> 00:44:39,617
- Yeah, he--he was all for it.
- Yeah.
999
00:44:39,701 --> 00:44:42,617
It's pretty amazing how
art meant that much to people
1000
00:44:42,701 --> 00:44:45,492
in a way that I don't think
is the case today.
1001
00:44:45,575 --> 00:44:46,659
You never hear about--
1002
00:44:46,742 --> 00:44:48,283
- How do you mean,
"meant so much"?
1003
00:44:48,367 --> 00:44:51,283
- Well, the fact that artists
cared so much
1004
00:44:51,367 --> 00:44:53,992
about what they did
and what people are creating
1005
00:44:54,075 --> 00:44:56,909
that, if a style changed,
they would consider it
1006
00:44:56,992 --> 00:44:58,450
betrayal, and they would stop
talking to you, you know...
1007
00:44:58,534 --> 00:44:59,951
- Well, no, wait, wait,
it's a betrayal
1008
00:45:00,033 --> 00:45:02,784
of the career charisma.
1009
00:45:02,867 --> 00:45:06,784
"You're doing this for
a career, buddy," you know?
1010
00:45:06,867 --> 00:45:09,826
And that was easy,
you know, for me to deal with
1011
00:45:09,909 --> 00:45:11,409
because I wanted to be like
1012
00:45:11,492 --> 00:45:13,325
Mozart or Beethoven, you know?
1013
00:45:13,409 --> 00:45:15,826
The first piece ain't looking
like the last piece.
1014
00:45:15,909 --> 00:45:22,450
I didn't wanna paint like that,
you know, forever.
1015
00:45:24,659 --> 00:45:26,992
- Can I ask one request of you?
- Sure.
1016
00:45:27,075 --> 00:45:28,617
- Can I take
a picture with you?
1017
00:45:28,701 --> 00:45:29,951
- Sure.
1018
00:45:30,033 --> 00:45:32,617
- You are one of
my, uh, artistic heroes.
1019
00:45:32,701 --> 00:45:33,992
- Really?
1020
00:45:34,075 --> 00:45:36,200
But you said you only
like the early stuff.
1021
00:45:36,283 --> 00:45:39,659
- No, no, I like the early
stuff best because I just--
1022
00:45:39,742 --> 00:45:41,033
that's my aesthetic, but no,
1023
00:45:41,117 --> 00:45:42,826
I love your later paintings.
Absolutely.
1024
00:45:42,909 --> 00:45:44,367
- It's okay.
- No, I really do.
1025
00:45:44,450 --> 00:45:46,117
- That's all right.
1026
00:45:46,575 --> 00:45:48,534
- I also ride a motorcycle.
- Oh, yeah?
1027
00:45:48,617 --> 00:45:49,659
- So, um--
- What kind?
1028
00:45:49,742 --> 00:45:51,325
- Uh, it's a Yamaha Road Star.
1029
00:45:51,409 --> 00:45:54,867
It's 1700 CC, so yeah,
it's like a Harley wannabe.
1030
00:45:54,951 --> 00:45:56,867
- Right, how long
you been riding?
1031
00:45:56,951 --> 00:45:59,283
- Uh, since high school.
- Me too.
1032
00:46:02,575 --> 00:46:06,325
[motorcycle engine revving]
1033
00:46:24,117 --> 00:46:25,492
[answering machine beeps]
1034
00:46:25,575 --> 00:46:27,534
- Hi, Larry.
It's Dennis Yares.
1035
00:46:27,617 --> 00:46:29,492
Uh, could you give me a call
when you have the chance?
1036
00:46:29,575 --> 00:46:32,075
I'd like to set up a time
for me to come to the studio
1037
00:46:32,158 --> 00:46:33,534
so we can look
at the paintings
1038
00:46:33,617 --> 00:46:35,242
for the New York exhibition.
1039
00:46:35,325 --> 00:46:37,784
Take care, bye.
[answering machine beeps]
1040
00:46:37,867 --> 00:46:40,117
[classical string music]
1041
00:46:40,200 --> 00:46:44,325
- Larry has the capacity to
destroy his market constantly.
1042
00:46:44,409 --> 00:46:46,450
And he's very--he's, like,
a genius at that.
1043
00:46:46,534 --> 00:46:48,200
♪ ♪
1044
00:46:48,283 --> 00:46:51,075
And, of course,
you know Larry's deaf.
1045
00:46:51,158 --> 00:46:53,075
Occasionally, he remembers
to put in hearing aids;
1046
00:46:53,158 --> 00:46:55,409
usually not.
1047
00:46:55,492 --> 00:46:57,492
And I said,
"Well, Larry, I guess,
1048
00:46:57,575 --> 00:46:58,992
"you know, you can choose.
1049
00:46:59,075 --> 00:47:00,909
"You could be either
Beethoven or Goya.
1050
00:47:00,992 --> 00:47:03,659
They were both deaf."
[laughs]
1051
00:47:03,742 --> 00:47:05,409
And--and Larry's
been living on the edge
1052
00:47:05,492 --> 00:47:07,367
for I don't know how long.
Nothing's happening.
1053
00:47:07,450 --> 00:47:09,575
Nothing's happening,
and all of a sudden,
1054
00:47:09,659 --> 00:47:12,909
people are looking
for his paintings.
1055
00:47:12,992 --> 00:47:15,784
And it's kind of weird,
um, because you know
1056
00:47:15,867 --> 00:47:17,867
they do a calculation.
It's sick.
1057
00:47:17,951 --> 00:47:19,575
Uh, and the calculation is,
who's the most
1058
00:47:19,659 --> 00:47:20,951
undervalued painter?
1059
00:47:21,033 --> 00:47:23,200
'Cause it's
a stock market calculation.
1060
00:47:23,283 --> 00:47:28,200
It's a completely perverse, uh,
and upside-down art world.
1061
00:47:28,283 --> 00:47:35,367
♪ ♪
1062
00:47:42,742 --> 00:47:49,701
♪ ♪
1063
00:47:52,492 --> 00:47:53,909
[camera shutter clicks]
1064
00:48:02,909 --> 00:48:04,117
- These ones?
1065
00:48:10,575 --> 00:48:13,325
- So these--this was your
return to painting right here?
1066
00:48:13,409 --> 00:48:15,242
- Yeah, yeah, yeah.
Absolutely.
1067
00:48:15,325 --> 00:48:17,283
- What about when these
paintings suddenly
1068
00:48:17,367 --> 00:48:20,450
come up at an auction,
and you see people--
1069
00:48:25,951 --> 00:48:27,033
- Yeah.
1070
00:48:43,784 --> 00:48:44,909
- Mm-hmm.
1071
00:48:51,367 --> 00:48:52,450
- Yeah.
1072
00:48:57,325 --> 00:48:58,534
Okay.
1073
00:48:58,617 --> 00:49:01,575
[stirring orchestral music]
1074
00:49:01,659 --> 00:49:04,117
♪ ♪
1075
00:49:04,200 --> 00:49:06,367
- Do you have any sense
of what value
1076
00:49:06,450 --> 00:49:07,701
you'll put on these?
1077
00:49:07,784 --> 00:49:09,409
- 20 to 30 million each.
1078
00:49:09,492 --> 00:49:11,409
- What is it that makes
a Gerhard Richter painting
1079
00:49:11,492 --> 00:49:13,283
worth 10 million, 20 million?
1080
00:49:13,367 --> 00:49:16,075
- Quality.
Rarity.
1081
00:49:16,158 --> 00:49:18,575
The confirmation and consensus
that that is
1082
00:49:18,659 --> 00:49:20,867
a particularly excellent work
by
1083
00:49:20,951 --> 00:49:25,117
curators, market people,
critics, et cetera.
1084
00:49:25,200 --> 00:49:27,575
I mean, there's a reasonable
consensus among varying people.
1085
00:49:27,659 --> 00:49:29,867
Listen, great things
tell you they're great.
1086
00:49:29,951 --> 00:49:31,575
I mean, when you see
something really great,
1087
00:49:31,659 --> 00:49:32,867
everybody knows it.
1088
00:49:32,951 --> 00:49:34,826
Even laypeople
can feel something.
1089
00:49:34,909 --> 00:49:36,325
- When you have
a picture like this--
1090
00:49:36,409 --> 00:49:38,075
- Yeah.
- Do you hope it finds
1091
00:49:38,158 --> 00:49:41,200
the world of somebody who will
be able to live up to that?
1092
00:49:41,283 --> 00:49:43,242
- I try not to get, like,
into that part of it,
1093
00:49:43,325 --> 00:49:45,951
'cause, like, I don't really...
- You can't decide.
1094
00:49:46,033 --> 00:49:48,450
There's some--
within your question is
1095
00:49:48,534 --> 00:49:50,909
a moral qualifier
about are good people--
1096
00:49:50,992 --> 00:49:52,659
are there good people
or bad people in the world,
1097
00:49:52,742 --> 00:49:54,409
and don't you hope
a good person gets this?
1098
00:49:54,492 --> 00:49:55,784
- I know what Richter wants.
1099
00:49:55,867 --> 00:49:57,283
I mean, there's what
he said he wants.
1100
00:49:57,367 --> 00:49:58,992
- He wants people who are
deeply moved by them
1101
00:49:59,075 --> 00:50:00,367
to live with them
and love them?
1102
00:50:00,450 --> 00:50:02,659
- He wants museums.
- Museums.
1103
00:50:02,742 --> 00:50:03,909
Oh.
1104
00:50:04,826 --> 00:50:06,450
I mean, museums are great.
We love them.
1105
00:50:06,534 --> 00:50:09,075
But they're also...
1106
00:50:09,158 --> 00:50:11,117
I mean, if they have too many,
they'll never come upstairs
1107
00:50:11,200 --> 00:50:13,701
and see the light of day.
So then it's like a cemetery.
1108
00:50:13,784 --> 00:50:15,951
Why do you want your things
in a cemetery?
1109
00:50:16,033 --> 00:50:19,075
You know, they're buried
underground somewhere.
1110
00:50:19,158 --> 00:50:20,951
So museums for him,
that's just
1111
00:50:21,033 --> 00:50:22,742
a very socialist democratic
way,
1112
00:50:22,826 --> 00:50:27,367
like, of avoiding...
1113
00:50:27,450 --> 00:50:31,033
having to deal with, like...
1114
00:50:31,117 --> 00:50:32,826
rich people who want them.
1115
00:50:32,909 --> 00:50:35,158
- What's the sort of
estimate for the total sale?
1116
00:50:35,242 --> 00:50:37,075
- Like, $100 million.
1117
00:50:38,075 --> 00:50:39,909
- And is the Ames
a large portion?
1118
00:50:39,992 --> 00:50:42,075
- No, no, that's the Ames.
- That's just the Ames?
1119
00:50:42,158 --> 00:50:44,951
- Yeah, the sale
will be much bigger than that.
1120
00:50:45,033 --> 00:50:47,992
[dramatic piano music]
1121
00:50:48,075 --> 00:50:53,367
♪ ♪
1122
00:50:53,450 --> 00:50:54,701
[elevator beeps]
1123
00:50:54,784 --> 00:50:56,492
- Oh, thanks.
- You're welcome.
1124
00:50:56,575 --> 00:51:03,701
♪ ♪
1125
00:51:07,367 --> 00:51:10,283
- I really resent that so much
of this work
1126
00:51:10,367 --> 00:51:13,242
wishes to define
all of life as
1127
00:51:13,325 --> 00:51:17,909
a glittering compromise
with commerce.
1128
00:51:27,784 --> 00:51:31,575
So, what is it?
A diamond from the sky?
1129
00:51:31,659 --> 00:51:33,659
♪ ♪
1130
00:51:33,742 --> 00:51:36,826
[distant sirens wailing]
1131
00:51:42,659 --> 00:51:46,117
The perfection of this
is what I resist.
1132
00:51:47,575 --> 00:51:50,575
The work is pristine,
but makes me think
1133
00:51:50,659 --> 00:51:55,617
it's made by someone who has
the grime of the newspaper--
1134
00:51:55,701 --> 00:52:00,575
the business section--
the, um, stock printouts, um,
1135
00:52:00,659 --> 00:52:03,992
on his fingers
and wears that as testimony to
1136
00:52:04,075 --> 00:52:07,367
his involvement in a real world
that I will never know.
1137
00:52:08,492 --> 00:52:11,242
It would be easy for me
to hurry back to Rembrandt
1138
00:52:11,325 --> 00:52:14,575
or Vermeer and
live in my pocket or pillow
1139
00:52:14,659 --> 00:52:19,409
of beautiful, invisible,
rarified self-reflection
1140
00:52:19,492 --> 00:52:21,409
and share that
with a few other souls,
1141
00:52:21,492 --> 00:52:25,742
but those days, this sculpture
wants to say, are over.
1142
00:52:25,826 --> 00:52:27,492
You know how it makes me feel?
1143
00:52:27,575 --> 00:52:30,534
I feel like I'm in one
of those old Ray Harryhausen
1144
00:52:30,617 --> 00:52:33,575
adventure movies from the '60s
like "Sinbad"
1145
00:52:33,659 --> 00:52:35,367
or "Jason and the Argonauts."
1146
00:52:35,450 --> 00:52:38,242
And I'm--I'm like Jason
and this is one of the beasts,
1147
00:52:38,325 --> 00:52:40,742
the sort of momentous mythical
creatures that
1148
00:52:40,826 --> 00:52:42,992
I've been called upon to slay.
1149
00:52:43,075 --> 00:52:45,951
But when the scene is over,
this thing gets
1150
00:52:46,033 --> 00:52:50,158
the star's bathrobe and
flies to its private island
1151
00:52:50,242 --> 00:52:52,117
and I, uh--
1152
00:52:52,200 --> 00:52:56,242
I'll go have a chicken sandwich
at my picnic table.
1153
00:52:56,325 --> 00:53:00,283
And I guess all I'm saying is,
uh, I surrender the keys,
1154
00:53:00,367 --> 00:53:01,951
but I don't give up.
1155
00:53:02,033 --> 00:53:05,033
[dramatic orchestral music]
1156
00:53:05,117 --> 00:53:11,659
♪ ♪
1157
00:53:11,742 --> 00:53:15,283
- What is fascinating is that
while the art market overall
1158
00:53:15,367 --> 00:53:18,450
goes up and will continue,
of course, to go up,
1159
00:53:18,534 --> 00:53:21,409
taste changes constantly.
1160
00:53:21,492 --> 00:53:23,575
Even the way we look
at old masters,
1161
00:53:23,659 --> 00:53:26,450
taste is constantly
evolving and moving on.
1162
00:53:26,534 --> 00:53:30,325
And I can definitely tell you
what we consider today
1163
00:53:30,409 --> 00:53:34,242
to be the most important
and the most expensive
1164
00:53:34,325 --> 00:53:37,033
will not be so considered
in 50 years from now.
1165
00:53:37,117 --> 00:53:39,409
♪ ♪
1166
00:53:39,492 --> 00:53:41,867
- I remember the first time
I saw one of
1167
00:53:41,951 --> 00:53:44,117
those extraordinary
formaldehyde pieces
1168
00:53:44,200 --> 00:53:45,492
of Damien Hirst.
1169
00:53:45,575 --> 00:53:47,701
It was the
Sensation exhibition.
1170
00:53:47,784 --> 00:53:49,826
♪ ♪
1171
00:53:49,909 --> 00:53:52,075
The Chris Ofili Virgin Mary,
1172
00:53:52,158 --> 00:53:55,033
the Marc Quinn
blood-filled head,
1173
00:53:55,117 --> 00:53:56,659
the Tracey Emin tent.
1174
00:53:56,742 --> 00:53:59,409
It was all about
a way of living now, you know,
1175
00:53:59,492 --> 00:54:02,951
and a confrontation
with death.
1176
00:54:03,033 --> 00:54:08,367
When this new category of art
was proposed to
1177
00:54:08,450 --> 00:54:10,617
the directors of Christie's,
1178
00:54:10,701 --> 00:54:11,909
there was a massive objection
1179
00:54:11,992 --> 00:54:13,575
from the people
who worked there.
1180
00:54:13,659 --> 00:54:16,409
And, in fact,
we were not allowed
1181
00:54:16,492 --> 00:54:18,867
to take the art into
the Christie's building.
1182
00:54:18,951 --> 00:54:20,784
[indistinct auctioneering]
1183
00:54:21,492 --> 00:54:25,033
- Well, art is provocative.
- It is provocative.
1184
00:54:25,117 --> 00:54:27,784
Should it always be?
- No.
1185
00:54:28,659 --> 00:54:29,826
- But it often is.
1186
00:54:29,909 --> 00:54:33,117
- Art is different, and, uh,
1187
00:54:33,200 --> 00:54:34,742
we all have different tastes.
1188
00:54:34,826 --> 00:54:36,283
And now it's, of course,
it's all about
1189
00:54:36,367 --> 00:54:39,075
conceptual art,
so this is conceptual art.
1190
00:54:39,158 --> 00:54:42,409
And sometimes it's provocative.
Sometimes it's beautiful.
1191
00:54:42,492 --> 00:54:44,200
Sometimes it's super dark.
1192
00:54:44,325 --> 00:54:46,617
A few of my friends
have this piece,
1193
00:54:46,701 --> 00:54:49,158
and of course,
in Russian tradition,
1194
00:54:49,242 --> 00:54:52,200
if a few people have it,
everyone else must have it too.
1195
00:54:52,283 --> 00:54:53,992
It's a very,
very popular piece.
1196
00:54:54,075 --> 00:54:55,325
Everyone loves it.
1197
00:54:56,492 --> 00:54:58,575
Shall we proceed?
1198
00:54:58,659 --> 00:55:01,909
So this is the first piece
we ever collected.
1199
00:55:01,992 --> 00:55:03,242
Damien Hirst.
1200
00:55:03,325 --> 00:55:06,325
My husband gave to me
for my birthday.
1201
00:55:06,409 --> 00:55:08,534
We were in Art Basel Miami,
and we came there
1202
00:55:08,617 --> 00:55:09,784
just to have a good time.
1203
00:55:09,867 --> 00:55:11,075
When we walked
through the fair,
1204
00:55:11,158 --> 00:55:13,784
I was completely bored.
1205
00:55:13,867 --> 00:55:15,909
And then I turned around
and there was, like,
1206
00:55:15,992 --> 00:55:19,909
a piece of, um, pink--
1207
00:55:19,992 --> 00:55:23,117
pink oval on the wall
1208
00:55:23,200 --> 00:55:28,200
with butterflies on it,
and it moved me so much.
1209
00:55:28,283 --> 00:55:30,951
So, so emotion.
1210
00:55:31,033 --> 00:55:37,450
And I said, like, "Wow."
That's how it started.
1211
00:55:37,534 --> 00:55:40,117
- And that was a Damien Hirst?
- That was a Damien Hirst.
1212
00:55:40,200 --> 00:55:41,617
I didn't know who it was.
1213
00:55:41,701 --> 00:55:42,992
- What moved you
about it so much?
1214
00:55:43,075 --> 00:55:44,242
- Colors.
1215
00:55:44,325 --> 00:55:46,784
It was just so
beautiful together.
1216
00:55:46,867 --> 00:55:48,033
I just--
1217
00:55:49,784 --> 00:55:51,617
- I bought this.
It was in Venice.
1218
00:55:51,701 --> 00:55:53,242
It was 5 million
when I bought it.
1219
00:55:53,325 --> 00:55:57,117
It's not worth that now.
Damien's prices have gone down.
1220
00:55:57,200 --> 00:56:01,742
But I really wanted one of
the pieces that he represented
1221
00:56:01,826 --> 00:56:04,158
as a breakthrough idea
of having an animal
1222
00:56:04,242 --> 00:56:06,117
in formaldehyde, which
is a big question mark.
1223
00:56:06,200 --> 00:56:07,742
Is it art?
1224
00:56:07,826 --> 00:56:10,158
But it's certainly fascinating,
and I'd seen
1225
00:56:10,242 --> 00:56:12,200
a couple of his works before.
1226
00:56:12,283 --> 00:56:14,492
It was all sealed in,
ready to go.
1227
00:56:14,575 --> 00:56:18,492
And there was snot coming out
of the nose of the sheep.
1228
00:56:18,575 --> 00:56:20,867
It was just dripping--
white stuff dripping out.
1229
00:56:20,951 --> 00:56:23,158
So I said, "Okay,
we'll have to unseal it."
1230
00:56:23,242 --> 00:56:26,283
We emptied halfway out
and we got it delivered here.
1231
00:56:26,367 --> 00:56:30,826
And then, for six months,
I was grooming that sheep.
1232
00:56:30,909 --> 00:56:33,784
It's now at four years
and nothing has come out,
1233
00:56:33,867 --> 00:56:34,951
so it's stable.
1234
00:56:35,033 --> 00:56:36,867
- It's done?
- No, it's done.
1235
00:56:36,951 --> 00:56:39,242
There's nothing really--
what you say--
1236
00:56:39,325 --> 00:56:40,575
conceptual about it.
1237
00:56:40,659 --> 00:56:43,575
I don't consider this
conceptual art.
1238
00:56:43,659 --> 00:56:46,826
It's--these are real objects
1239
00:56:46,909 --> 00:56:49,951
that you can relate to
as a real person.
1240
00:56:52,075 --> 00:56:54,367
This is a candle that you burn.
1241
00:56:54,450 --> 00:56:57,659
But once you start it,
you have to keep burning it.
1242
00:56:57,742 --> 00:57:00,534
But when it's all burned down,
you could recast it,
1243
00:57:00,617 --> 00:57:01,951
but it'd cost you money.
1244
00:57:02,784 --> 00:57:05,200
The first time
I saw candle figures,
1245
00:57:05,283 --> 00:57:07,534
I said, "This is stupid.
I mean, you know,
1246
00:57:07,617 --> 00:57:10,033
why would you destroy
your own art?"
1247
00:57:10,117 --> 00:57:12,409
This is another one.
- That's Fischer, too?
1248
00:57:12,492 --> 00:57:13,617
- That's Urs Fischer, yeah.
1249
00:57:13,701 --> 00:57:15,200
He built a whole house
of bread.
1250
00:57:15,283 --> 00:57:17,701
A full-sized house
made of loaves of bread.
1251
00:57:17,784 --> 00:57:19,659
- Mm-hmm.
- [laughs]
1252
00:57:19,742 --> 00:57:21,367
I don't know, is it art?
1253
00:57:21,450 --> 00:57:22,784
Go--ask me.
[laughs]
1254
00:57:22,867 --> 00:57:24,158
- Is it?
- Is it?
1255
00:57:24,242 --> 00:57:26,909
- Is it art?
- Well, it's not food.
1256
00:57:26,992 --> 00:57:28,951
[both laugh]
1257
00:57:31,659 --> 00:57:34,242
- When Pollock finished
his first drip painting,
1258
00:57:34,325 --> 00:57:38,409
he asked his wife,
"Is this a painting?"
1259
00:57:38,492 --> 00:57:41,742
He made something
that may not even fit
1260
00:57:41,826 --> 00:57:44,867
in the very large category
we call art.
1261
00:57:44,951 --> 00:57:46,158
He didn't know.
1262
00:57:46,242 --> 00:57:48,033
The interesting thing
about Pollock
1263
00:57:48,117 --> 00:57:51,409
is he only dripped
for about 48 months.
1264
00:57:51,492 --> 00:57:54,826
I would ask any artist,
any skeptic, any cynic,
1265
00:57:54,909 --> 00:57:58,784
if you invented fire,
which Pollock did,
1266
00:57:58,867 --> 00:58:01,909
are you strong enough
to stop making fire
1267
00:58:01,992 --> 00:58:06,242
and go back to Hell
48 months later,
1268
00:58:06,325 --> 00:58:11,575
go back to Hell and try to
make something new again?
1269
00:58:11,659 --> 00:58:14,283
How many people have done that?
1270
00:58:14,367 --> 00:58:15,951
Pollock tried to change.
1271
00:58:16,033 --> 00:58:20,325
By 1956, he wrapped himself
around a telephone pole
1272
00:58:20,409 --> 00:58:22,742
out on Springs, Long Island,
1273
00:58:22,826 --> 00:58:25,951
totally alcoholic in the car.
1274
00:58:26,033 --> 00:58:28,784
[Little Walter's "Sad Hours"]
1275
00:58:28,867 --> 00:58:32,283
♪ ♪
1276
00:58:32,367 --> 00:58:34,534
- You know, Keith Haring,
he asked me once,
1277
00:58:34,617 --> 00:58:36,534
"What's more important,
art or life?"
1278
00:58:36,617 --> 00:58:39,283
And I said,
"It's a hard question.
1279
00:58:39,367 --> 00:58:40,951
"I mean, you know,
we're in our 20s.
1280
00:58:41,033 --> 00:58:42,701
"At this age, I would say art,
1281
00:58:42,784 --> 00:58:45,033
because at least
it lives forever."
1282
00:58:45,117 --> 00:58:47,033
♪ ♪
1283
00:58:47,117 --> 00:58:49,909
These are oil sticks,
but they're not really
1284
00:58:49,992 --> 00:58:52,701
the kind of sticks that
Jean-Michel was working with.
1285
00:58:52,784 --> 00:58:54,992
- Basquiat?
- Yeah, Basquiat.
1286
00:58:55,075 --> 00:58:56,409
- How'd you meet him?
1287
00:58:56,492 --> 00:58:57,784
- Uh, when I first
got to New York,
1288
00:58:57,867 --> 00:59:01,784
the first guy I met
was Jean-Michel.
1289
00:59:01,867 --> 00:59:05,492
It's a real tragedy
that he died so young.
1290
00:59:05,575 --> 00:59:08,117
I love Jean-Michel's work,
and, uh--
1291
00:59:08,200 --> 00:59:10,742
and I really--
I really loved him.
1292
00:59:10,826 --> 00:59:13,826
The last time I saw him,
he was in a very negative,
1293
00:59:13,909 --> 00:59:15,909
kind of depressed mood,
and I said, "What's wrong?"
1294
00:59:15,992 --> 00:59:17,992
And he said, "I'm all washed up
in this town."
1295
00:59:18,075 --> 00:59:19,826
Like a kind of
Frank Sinatra line
1296
00:59:19,909 --> 00:59:21,325
or something,
and, uh, something
1297
00:59:21,409 --> 00:59:22,409
he would write on a painting.
1298
00:59:22,492 --> 00:59:23,742
And I said, "Why?
1299
00:59:23,826 --> 00:59:25,075
What are you
talking about, man?"
1300
00:59:25,158 --> 00:59:26,450
And he says, "Well,
1301
00:59:26,534 --> 00:59:27,951
nobody in this town
wants to show me."
1302
00:59:28,033 --> 00:59:29,492
And I said,
"What about Leo Castelli?"
1303
00:59:29,575 --> 00:59:30,826
I said, "You just--"
You know, he said, "No.
1304
00:59:30,909 --> 00:59:32,450
Leo doesn't wanna show me."
1305
00:59:32,534 --> 00:59:34,158
I said, "What about this guy?
What about that guy?"
1306
00:59:34,242 --> 00:59:36,575
And he said, "None of them want
to show my work anymore.
1307
00:59:36,659 --> 00:59:39,826
Nobody's interested
in showing my work."
1308
00:59:39,909 --> 00:59:42,117
I think that he felt
he was the token black guy
1309
00:59:42,200 --> 00:59:45,117
that came out and, you know,
was it really his art
1310
00:59:45,200 --> 00:59:48,117
they appreciated or was it
the sort of fact that he was
1311
00:59:48,200 --> 00:59:50,242
African-American
and that he had sort of
1312
00:59:50,325 --> 00:59:52,117
broken into the white system?
1313
00:59:52,200 --> 00:59:58,784
♪ ♪
1314
00:59:58,867 --> 01:00:00,826
You know, like,
that's the kind of subject
1315
01:00:00,909 --> 01:00:03,534
that takes you out of what
you're painting.
1316
01:00:03,659 --> 01:00:06,367
It's just gonna cause,
you know,
1317
01:00:06,492 --> 01:00:08,909
the painting to get
all screwed up.
1318
01:00:08,992 --> 01:00:09,826
[laughs]
1319
01:00:09,909 --> 01:00:13,367
♪ ♪
1320
01:00:13,492 --> 01:00:14,826
All right, you know what?
1321
01:00:14,909 --> 01:00:16,826
I've gotta get rid
of this entire section
1322
01:00:16,909 --> 01:00:18,701
of the painting now.
1323
01:00:18,784 --> 01:00:20,826
- So when you see
Jean-Michel's paintings
1324
01:00:20,909 --> 01:00:22,534
going last year for--
- Yeah.
1325
01:00:22,659 --> 01:00:24,784
When you see them
going for $50 million today,
1326
01:00:24,867 --> 01:00:26,909
it is sad.
1327
01:00:26,992 --> 01:00:28,867
The irony is that,
if he were around,
1328
01:00:28,951 --> 01:00:32,450
who knows if they would sell
for that kind of money.
1329
01:00:32,534 --> 01:00:37,075
♪ ♪
1330
01:00:37,158 --> 01:00:41,033
- I've really never made
any money until recently.
1331
01:00:41,117 --> 01:00:42,951
But I always got by.
1332
01:00:43,033 --> 01:00:45,617
If you have something to say,
it will be seen.
1333
01:00:45,701 --> 01:00:49,158
You just might not be alive.
That's the sucky part.
1334
01:00:49,242 --> 01:00:50,659
You might be old or dead.
1335
01:00:50,742 --> 01:00:52,951
And if you're female,
you're bound to be old.
1336
01:00:53,033 --> 01:00:54,242
Or dead.
1337
01:00:54,325 --> 01:00:57,283
[rousing orchestral music]
1338
01:00:57,367 --> 01:01:03,492
♪ ♪
1339
01:01:03,575 --> 01:01:07,117
- So, on that deal,
the client is interested
1340
01:01:07,200 --> 01:01:09,617
in taking it but wants
to improve the deal a little,
1341
01:01:09,701 --> 01:01:10,742
the economics of the deal.
1342
01:01:10,826 --> 01:01:12,742
Can you get it a little higher?
1343
01:01:12,826 --> 01:01:15,617
♪ ♪
1344
01:01:15,701 --> 01:01:17,992
- Do you have any sense of
who might buy these paintings?
1345
01:01:18,075 --> 01:01:19,575
- I think about who would
buy each of them.
1346
01:01:19,659 --> 01:01:21,992
If I didn't have people
in my mind,
1347
01:01:22,075 --> 01:01:24,033
I would be ill-suited
for this job.
1348
01:01:24,117 --> 01:01:25,867
So, you know, we have to
think about that all the time.
1349
01:01:25,951 --> 01:01:28,867
Like, how commercial is it?
Who's gonna buy it?
1350
01:01:28,951 --> 01:01:30,242
How--what are the factors
of getting
1351
01:01:30,325 --> 01:01:33,283
that person to buy something?
1352
01:01:33,367 --> 01:01:37,826
- I'm no longer buying
at auction, if I can help it.
1353
01:01:37,909 --> 01:01:39,367
- This is relatively new.
- I'm done.
1354
01:01:39,450 --> 01:01:41,909
Yeah, relatively new.
- It's relatively new.
1355
01:01:41,992 --> 01:01:43,742
He's in a phase.
- With exceptions, you know.
1356
01:01:43,826 --> 01:01:45,617
- He's in a phase, Stefan.
1357
01:01:45,701 --> 01:01:46,951
Okay, what do I love
in this sale?
1358
01:01:47,033 --> 01:01:49,242
I love--
that, for me, is stunning.
1359
01:01:49,325 --> 01:01:50,534
- Yeah...
- Stunning.
1360
01:01:50,617 --> 01:01:51,742
- Yeah, what
do you get for that?
1361
01:01:51,826 --> 01:01:53,742
- 20 to 30.
- Yeah, 20 to 30.
1362
01:01:53,826 --> 01:01:55,784
- Okay, now look
at this one, Stef.
1363
01:01:55,867 --> 01:01:57,367
This is a good little picture.
1364
01:01:57,450 --> 01:01:58,909
- Red is always good.
- Red.
1365
01:01:58,992 --> 01:02:01,951
- So the early rules:
red is better than brown,
1366
01:02:02,033 --> 01:02:04,450
brown pictures are unsalable,
1367
01:02:04,534 --> 01:02:07,075
and don't buy any pictures
with fish.
1368
01:02:07,158 --> 01:02:08,742
- Brown is hard.
1369
01:02:08,826 --> 01:02:10,117
Green is not always great.
1370
01:02:10,200 --> 01:02:11,325
de Koo--
this is de Kooney
1371
01:02:11,409 --> 01:02:12,826
in front of the painting
I'm selling.
1372
01:02:12,909 --> 01:02:13,909
- Ooh.
1373
01:02:13,992 --> 01:02:15,742
You don't have to be
an art collector
1374
01:02:15,826 --> 01:02:16,909
to be able to buy a de Kooney.
1375
01:02:16,992 --> 01:02:18,534
You look at this
and listen to her,
1376
01:02:18,617 --> 01:02:19,701
and pretty soon, you know,
1377
01:02:19,784 --> 01:02:21,283
"Okay,
that's something I can buy."
1378
01:02:21,367 --> 01:02:25,158
Whether you need it or like it,
it's a good investment.
1379
01:02:25,242 --> 01:02:29,033
And there's a lot of
investment buyers out there.
1380
01:02:29,117 --> 01:02:30,575
- A lot.
- A lot.
1381
01:02:30,659 --> 01:02:33,617
They have asset allocations,
stocks, bonds,
1382
01:02:33,701 --> 01:02:35,242
art, real estate...
- Right.
1383
01:02:35,325 --> 01:02:36,909
- That sort of stuff.
- There's a lot of people--
1384
01:02:36,992 --> 01:02:39,075
- But you know
why they're buying it.
1385
01:02:39,158 --> 01:02:42,075
Not because they
have a passion for de Kooney.
1386
01:02:42,158 --> 01:02:43,992
- Well, passion is, like, hard
to measure, always, you know...
1387
01:02:44,075 --> 01:02:47,075
- Oh, especially a lot
of them end up in storage.
1388
01:02:47,158 --> 01:02:49,575
- Oh, that's crime, of course.
We don't like that.
1389
01:02:49,659 --> 01:02:51,033
- I haven't seen
much Jeff Koons
1390
01:02:51,117 --> 01:02:52,409
in any of the shows this fall.
1391
01:02:52,492 --> 01:02:54,075
- The real estate people
1392
01:02:54,158 --> 01:02:56,992
started thinking of Jeff Koons
as lobby art.
1393
01:02:57,075 --> 01:02:58,534
- They did. I know.
1394
01:02:58,617 --> 01:03:01,117
I went to a meeting
the other day at Astor Place,
1395
01:03:01,200 --> 01:03:02,659
and there's the swan.
1396
01:03:02,742 --> 01:03:04,367
The red swan
is in the building.
1397
01:03:04,450 --> 01:03:06,117
- Yep.
- That was a kiss of death.
1398
01:03:06,200 --> 01:03:07,784
- And this guy--
and the guys in Florida
1399
01:03:07,867 --> 01:03:10,117
having the sitting ballerina.
- Yeah.
1400
01:03:10,200 --> 01:03:12,367
- Yeah, that really
is gonna hurt him.
1401
01:03:12,450 --> 01:03:14,117
- That's gonna hurt him.
Lobby art.
1402
01:03:14,200 --> 01:03:15,450
- Lobby art.
- Context is really key.
1403
01:03:15,534 --> 01:03:16,867
Like, if you see it
in a lobby,
1404
01:03:16,951 --> 01:03:18,784
it just kind of disappears.
- Yeah.
1405
01:03:18,867 --> 01:03:21,283
- And then you never get out of
the lobby once you're in there.
1406
01:03:21,367 --> 01:03:22,450
- Yeah, yeah.
1407
01:03:22,534 --> 01:03:24,450
[motorcycle engine revs]
1408
01:03:24,534 --> 01:03:27,450
[thunder rumbles]
1409
01:03:27,534 --> 01:03:31,283
- What was the first piece
that you fell in love with?
1410
01:03:31,367 --> 01:03:33,117
- Like, beyond something
I made as a child
1411
01:03:33,200 --> 01:03:34,909
that I loved, or, you know,
like, something that was
1412
01:03:34,992 --> 01:03:36,617
real art in that way?
- Yeah, that you saw, yeah.
1413
01:03:36,701 --> 01:03:39,283
- My hometown museum has
this Giacomo Balla painting
1414
01:03:39,367 --> 01:03:40,617
that's very famous.
1415
01:03:40,701 --> 01:03:43,784
And it's a dog--
a little kind of, like,
1416
01:03:43,867 --> 01:03:45,867
long-haired dachshund,
like, wagging it's tail
1417
01:03:45,951 --> 01:03:48,409
and, like, it's feet are going,
and a woman's dress is moving.
1418
01:03:48,492 --> 01:03:49,701
And it's that movement,
1419
01:03:49,784 --> 01:03:51,367
that very futurist movement
of Balla.
1420
01:03:51,450 --> 01:03:53,283
It's a famous picture.
1421
01:03:53,367 --> 01:03:54,951
Masterpiece, loved that.
1422
01:03:55,033 --> 01:03:56,617
I thought that was
just so amazing.
1423
01:03:56,701 --> 01:03:57,784
Want me to show you
a picture of it?
1424
01:03:57,867 --> 01:03:58,742
- Yeah.
1425
01:03:58,826 --> 01:04:00,033
- Super famous painting
1426
01:04:00,117 --> 01:04:01,534
at the Albright-Knox
in Buffalo, New York.
1427
01:04:01,617 --> 01:04:03,158
It's such a masterpiece.
I loved that painting.
1428
01:04:03,242 --> 01:04:04,575
Look at it, how great it is.
1429
01:04:04,659 --> 01:04:07,325
The dog's just magnificent.
I happen to love dogs.
1430
01:04:07,409 --> 01:04:09,158
I wanna-- I'm gonna
screen-capture this
1431
01:04:09,242 --> 01:04:10,701
so I can look at it
on bad days.
1432
01:04:10,784 --> 01:04:12,867
- It's great.
- When I'm having a shitty day,
1433
01:04:12,951 --> 01:04:14,325
I'm gonna look
at that painting.
1434
01:04:14,409 --> 01:04:15,701
That's great.
1435
01:04:15,784 --> 01:04:20,158
[thunder rumbling]
1436
01:04:20,242 --> 01:04:23,450
- I write about rich people.
I'm a journalist, okay?
1437
01:04:23,534 --> 01:04:25,575
And I write novels
and articles about rich people
1438
01:04:25,659 --> 01:04:27,325
all the time because
I find them fascinating.
1439
01:04:27,409 --> 01:04:30,701
They're incredibly insecure
and incredibly neurotic.
1440
01:04:30,784 --> 01:04:32,701
- Are you a rich person?
1441
01:04:32,784 --> 01:04:35,325
- I, um--
- Yes, you are.
1442
01:04:35,409 --> 01:04:37,117
- I--
- Yes, you are.
1443
01:04:37,200 --> 01:04:39,867
- Okay, I--
- Yes, you are.
1444
01:04:39,951 --> 01:04:42,409
- I live on Park Avenue
in Manhattan, okay?
1445
01:04:42,492 --> 01:04:45,492
I've been to
a lot of apartments.
1446
01:04:45,575 --> 01:04:49,575
There are apartments
on the sixth floor,
1447
01:04:49,659 --> 01:04:51,033
the eighth floor,
and the tenth floor
1448
01:04:51,117 --> 01:04:53,617
of certain buildings
that have the same piece
1449
01:04:53,701 --> 01:04:56,701
by the same artist
on the same wall.
1450
01:04:56,784 --> 01:05:02,450
I think that is a craven,
horrible, distasteful way
1451
01:05:02,534 --> 01:05:04,867
to enjoy art,
because everyone else has one,
1452
01:05:04,951 --> 01:05:06,367
and you get to buy one too.
1453
01:05:06,450 --> 01:05:07,992
- Could I just say something?
- Yeah.
1454
01:05:08,075 --> 01:05:09,826
- Just, I'm gonna interrupt
just for one second.
1455
01:05:09,909 --> 01:05:12,617
Okay, I think there's three
kinds of people in this world.
1456
01:05:12,701 --> 01:05:14,242
Those who see,
1457
01:05:14,325 --> 01:05:15,742
those who see
when they are shown,
1458
01:05:15,826 --> 01:05:18,617
and those who will never see.
1459
01:05:18,701 --> 01:05:20,409
This is a work
I want you to look at.
1460
01:05:20,492 --> 01:05:22,742
You're gonna die because
this is so Holly Peterson.
1461
01:05:22,826 --> 01:05:24,742
Okay, so this is an artist
you don't know.
1462
01:05:24,826 --> 01:05:27,033
Njideka Akunyili Crosby.
1463
01:05:27,117 --> 01:05:28,867
She makes these works
that are very similar
1464
01:05:28,951 --> 01:05:30,409
to Rauschenberg
in process and technique.
1465
01:05:30,492 --> 01:05:32,992
- Like Silly Putty.
- Yeah, exactly.
1466
01:05:33,075 --> 01:05:35,742
So on his body are
all these African women,
1467
01:05:35,826 --> 01:05:37,784
like brides standing
with the family--
1468
01:05:37,867 --> 01:05:39,450
- Oh, my God, wonderful.
- On his body.
1469
01:05:39,534 --> 01:05:41,242
And look at that hand on
his chest, how tender that is.
1470
01:05:41,325 --> 01:05:43,242
Can you stand that?
- Wonderful.
1471
01:05:43,325 --> 01:05:44,242
Maybe she's--loves him.
1472
01:05:44,325 --> 01:05:45,409
- Also he's in this kind of,
1473
01:05:45,492 --> 01:05:46,534
like, supine position, right?
1474
01:05:46,617 --> 01:05:48,075
With his back a little arched.
1475
01:05:48,158 --> 01:05:49,701
- No, it's totally beautiful.
1476
01:05:49,784 --> 01:05:52,575
I want it.
I want it for my wall.
1477
01:05:53,409 --> 01:05:55,575
- I think it's really
heartening to know that
1478
01:05:55,659 --> 01:05:58,283
the work is connecting
the way it does.
1479
01:05:58,367 --> 01:06:02,909
Um, where the anxiety comes in
or saying it's scary
1480
01:06:02,992 --> 01:06:05,701
that I'm getting
all this attention is,
1481
01:06:05,784 --> 01:06:08,158
how do I keep evolving
this work?
1482
01:06:08,242 --> 01:06:09,867
How do I keep changing it?
1483
01:06:09,951 --> 01:06:13,242
How do I not stagnate,
especially when you feel like,
1484
01:06:13,325 --> 01:06:15,909
"Ooh, I've stumbled onto
something pretty cushy.
1485
01:06:15,992 --> 01:06:18,826
"I could just cruise
and ride this out
1486
01:06:18,909 --> 01:06:21,951
for the next 20 years."
1487
01:06:22,033 --> 01:06:23,992
- Well, I think the art world
is a very brutal place,
1488
01:06:24,075 --> 01:06:25,617
especially for young artists.
1489
01:06:25,701 --> 01:06:27,450
I think it can
be really, really tough.
1490
01:06:27,534 --> 01:06:29,450
And when the market, you know--
1491
01:06:29,534 --> 01:06:31,742
sometimes people are
very seduced and they--
1492
01:06:31,826 --> 01:06:33,784
it just becomes about
production and the money.
1493
01:06:33,867 --> 01:06:37,784
And I think you have to know
that the work is gonna
1494
01:06:37,867 --> 01:06:41,492
continue on in spite
of all the noise around you.
1495
01:06:41,575 --> 01:06:45,534
This really rapid rise
in the art market is artificial
1496
01:06:45,617 --> 01:06:49,033
and can, of course,
you know, go away over time.
1497
01:06:49,117 --> 01:06:53,409
It's hard; it's really hard
to be an artist, I think.
1498
01:06:56,075 --> 01:06:59,742
- How do you stay sane
under that white heat?
1499
01:07:01,450 --> 01:07:03,659
- What is the white heat?
1500
01:07:03,742 --> 01:07:07,200
- When your paintings go for
a million dollars at auction.
1501
01:07:07,283 --> 01:07:10,117
[laughs]
And you're still alive.
1502
01:07:12,659 --> 01:07:17,492
That white heat is really
dangerous for artists.
1503
01:07:17,575 --> 01:07:20,742
It's hard, it burns people
out all the time.
1504
01:07:20,826 --> 01:07:23,701
Just made them crazy.
1505
01:07:23,784 --> 01:07:27,701
At least in my generation,
or the generation
1506
01:07:27,784 --> 01:07:29,033
that's going on right now.
1507
01:07:29,117 --> 01:07:32,325
You know,
there's major success.
1508
01:07:32,409 --> 01:07:34,033
Although Jeff
is right up there,
1509
01:07:34,117 --> 01:07:36,283
and he still makes great art.
1510
01:07:38,659 --> 01:07:43,242
It's really a long game.
It's a long-haul game.
1511
01:07:45,659 --> 01:07:48,701
[Saint-Saens' "Danse Macabre"]
1512
01:07:48,784 --> 01:07:55,826
♪ ♪
1513
01:08:08,659 --> 01:08:10,951
- It is only when you
go completely close up
1514
01:08:11,033 --> 01:08:13,283
that you actually realize
that it's painted.
1515
01:08:13,367 --> 01:08:17,367
I definitely feel that
Marilyn Minter is an artist
1516
01:08:17,450 --> 01:08:20,909
to go for if you like it,
because I don't think you
1517
01:08:20,992 --> 01:08:23,575
should ever buy something
that you don't personally like.
1518
01:08:23,659 --> 01:08:26,409
But there are plenty of people
who buy with their ears
1519
01:08:26,492 --> 01:08:28,367
instead of buying
with your eyes.
1520
01:08:28,450 --> 01:08:29,784
Of course, you ought to use
1521
01:08:29,867 --> 01:08:31,325
your ears a little bit
as well.
1522
01:08:31,409 --> 01:08:33,951
But, still,
do focus on your eyes.
1523
01:08:34,033 --> 01:08:41,200
♪ ♪
1524
01:08:44,951 --> 01:08:48,117
This is a key gentleman
in the art world,
1525
01:08:48,200 --> 01:08:49,617
Mr. Serge Tiroche.
1526
01:08:49,701 --> 01:08:51,951
He is focusing really
on global art.
1527
01:08:52,033 --> 01:08:54,325
- So just approximately
how many billions do you think
1528
01:08:54,409 --> 01:08:56,367
the art market is annually?
1529
01:08:56,450 --> 01:08:59,951
- 56 billion in the last
report, I believe, right?
1530
01:09:00,033 --> 01:09:02,117
- When I started
in the art market,
1531
01:09:02,200 --> 01:09:06,450
banks would not view, uh,
the art market as something
1532
01:09:06,534 --> 01:09:08,867
they would want to even
recommend to their clients.
1533
01:09:08,951 --> 01:09:13,450
Now it is automatically a part
of something they would speak
1534
01:09:13,534 --> 01:09:16,367
to their clients,
in terms of diversification.
1535
01:09:16,450 --> 01:09:18,784
- What--What makes
a Gerhard Richter so valuable
1536
01:09:18,867 --> 01:09:20,867
and, say, a Larry Poons
not so valuable?
1537
01:09:20,951 --> 01:09:22,534
Who decides?
1538
01:09:22,617 --> 01:09:25,492
- You know, the simple answer
would be supply and demand.
1539
01:09:25,575 --> 01:09:29,325
The real answer is,
uh, I think...
1540
01:09:29,409 --> 01:09:30,867
I don't know how
to put this elegantly.
1541
01:09:30,951 --> 01:09:35,492
Um, financial interests
of certain parties.
1542
01:09:35,575 --> 01:09:36,867
- [soft chuckle]
1543
01:09:36,951 --> 01:09:38,659
- No doubt.
1544
01:09:38,742 --> 01:09:41,784
There's an interest in keeping
prices at a certain level.
1545
01:09:41,867 --> 01:09:43,158
No doubt.
- Yeah.
1546
01:09:43,242 --> 01:09:45,492
It's--It's part of
the rules of the game.
1547
01:09:45,575 --> 01:09:50,409
♪ ♪
1548
01:09:50,492 --> 01:09:54,117
- Uh, well,
I started some time ago,
1549
01:09:54,200 --> 01:09:56,200
and the world of
art and commerce
1550
01:09:56,283 --> 01:10:00,283
was not nearly so complex
as it is now.
1551
01:10:00,367 --> 01:10:01,826
- How has it changed?
1552
01:10:01,909 --> 01:10:05,242
- Um, they are
like Siamese twins,
1553
01:10:05,325 --> 01:10:06,867
money and art right now.
1554
01:10:06,951 --> 01:10:08,909
And, uh, you cannot
separate them.
1555
01:10:08,992 --> 01:10:11,409
And so the purpose of art
1556
01:10:11,492 --> 01:10:15,033
has, um, morphed,
1557
01:10:15,117 --> 01:10:19,367
become perverted or mutated.
1558
01:10:19,450 --> 01:10:21,575
And I think art itself is
1559
01:10:21,659 --> 01:10:26,659
having a hard time finding
its way out of this situation.
1560
01:10:26,742 --> 01:10:28,033
Listen, I'm in
the middle of it,
1561
01:10:28,117 --> 01:10:29,575
and I'm busy
making money myself.
1562
01:10:29,659 --> 01:10:31,951
So I'm not criticizing;
I'm just
1563
01:10:32,033 --> 01:10:34,075
observing my own environment.
1564
01:10:34,158 --> 01:10:37,450
Um, I think we are...
1565
01:10:38,492 --> 01:10:40,033
Without doubt,
everybody knows it;
1566
01:10:40,117 --> 01:10:43,701
we're careening toward
some edge or some end.
1567
01:10:43,784 --> 01:10:45,909
- So the reckoning
hasn't begun?
1568
01:10:45,992 --> 01:10:51,075
- Uh, I'm not sure.
1569
01:10:51,158 --> 01:10:53,075
I think I can smell smoke.
1570
01:10:53,158 --> 01:11:00,283
♪ ♪
1571
01:11:29,659 --> 01:11:31,826
[indistinct radio chatter]
1572
01:11:31,909 --> 01:11:39,033
♪ ♪
1573
01:11:42,659 --> 01:11:46,075
[flushing]
1574
01:11:46,158 --> 01:11:48,742
- The reckoning has begun.
1575
01:11:50,283 --> 01:11:53,033
This is the end of empire.
1576
01:11:55,200 --> 01:11:57,492
- Italian artist
Maurizio Cattelan's
1577
01:11:57,575 --> 01:11:59,325
bold, irreverent work
1578
01:11:59,409 --> 01:12:01,450
skewers social complacencies
1579
01:12:01,534 --> 01:12:04,659
and reimagines cultural icons.
1580
01:12:04,742 --> 01:12:06,659
Cattelan's toilet
offers a wink
1581
01:12:06,742 --> 01:12:08,575
to the excesses
of the art market
1582
01:12:08,659 --> 01:12:10,867
but also evokes
the American dream
1583
01:12:10,951 --> 01:12:12,909
of opportunity for all,
1584
01:12:12,992 --> 01:12:15,325
its utility ultimately
reminding us
1585
01:12:15,409 --> 01:12:17,659
of the inescapable
physical realities
1586
01:12:17,742 --> 01:12:19,367
of our shared humanity.
1587
01:12:19,450 --> 01:12:20,992
♪ ♪
1588
01:12:21,075 --> 01:12:23,033
- Well, what can you think
of a golden toilet?
1589
01:12:23,117 --> 01:12:26,325
I mean, it's a--it's an insult.
1590
01:12:26,409 --> 01:12:31,992
And, I mean, Maurizio Cattelan
is a part of this world
1591
01:12:32,075 --> 01:12:35,075
of Damien Hirst and Jeff Koons,
of sensationalism,
1592
01:12:35,158 --> 01:12:36,492
and it's promoted, you know.
1593
01:12:36,575 --> 01:12:39,075
It's the fashion designers.
It's Prada.
1594
01:12:39,158 --> 01:12:41,367
Uh, it's Pignot.
It's Arno.
1595
01:12:41,450 --> 01:12:44,826
It's people who are
involved in luxury brands.
1596
01:12:44,909 --> 01:12:47,325
And that is what
contemporary art has become.
1597
01:12:47,409 --> 01:12:50,117
It is a luxury brand.
1598
01:12:53,784 --> 01:12:56,367
- Actually, the cost was 250.
1599
01:12:56,450 --> 01:12:59,367
Guess what.
I wrote a check.
1600
01:12:59,450 --> 01:13:01,367
No trade.
[laughs]
1601
01:13:01,450 --> 01:13:03,033
I just real--
[laughs]
1602
01:13:03,117 --> 01:13:05,242
- This is for
which piece, now?
1603
01:13:05,325 --> 01:13:06,826
- That was "Him."
1604
01:13:06,909 --> 01:13:08,992
- It's called "Him"?
- Yeah.
1605
01:13:09,075 --> 01:13:10,325
"Him," you know.
1606
01:13:10,409 --> 01:13:12,033
They always talked about "Him."
1607
01:13:12,117 --> 01:13:16,492
It's like, in Europe my mom
would never say cancer, Krebs.
1608
01:13:16,575 --> 01:13:17,867
It was C.
1609
01:13:17,951 --> 01:13:20,367
It's the polite way
to deal with it.
1610
01:13:20,450 --> 01:13:22,409
So he was known as "Him."
1611
01:13:22,492 --> 01:13:25,742
And we know
it's going to be a, um,
1612
01:13:25,826 --> 01:13:28,367
key work, without a doubt.
1613
01:13:28,450 --> 01:13:30,325
You know the recent
auction record on that?
1614
01:13:30,409 --> 01:13:32,617
- No, what is it?
- $17 million.
1615
01:13:33,701 --> 01:13:36,701
Maurizio Cattelan
is like Duchamp.
1616
01:13:36,784 --> 01:13:40,492
He's an important player
in the history of art.
1617
01:13:41,909 --> 01:13:44,492
Christie's displayed it.
They had him facing out.
1618
01:13:44,575 --> 01:13:47,951
I said, "No, that guy
has to face a wall."
1619
01:13:48,033 --> 01:13:51,283
You have to face reality.
- Hmm.
1620
01:13:54,867 --> 01:13:57,492
- And then I found
an old book from--
1621
01:13:57,575 --> 01:14:00,909
that my sister gave me
40 years ago.
1622
01:14:00,992 --> 01:14:04,158
It's called
"Psychopathia Sexualis."
1623
01:14:04,242 --> 01:14:07,826
[laughs]
By Krafft-Ebing.
1624
01:14:07,909 --> 01:14:11,742
So I figured that's--
that's what he's looking at.
1625
01:14:11,826 --> 01:14:14,992
I'm not sure that he had
a lot of sexual thoughts.
1626
01:14:15,075 --> 01:14:17,033
- Who?
1627
01:14:17,117 --> 01:14:18,659
- Him.
1628
01:14:19,992 --> 01:14:21,867
- And you hear--and you heard
him speak when you were--
1629
01:14:21,951 --> 01:14:23,492
- I heard him speak.
I was, uh--
1630
01:14:23,575 --> 01:14:25,867
he was
a very charismatic speaker.
1631
01:14:25,951 --> 01:14:28,784
He--he spoke
a little bit like Trump.
1632
01:14:28,867 --> 01:14:30,075
Without notes,
1633
01:14:30,158 --> 01:14:33,659
started very slow,
and built up.
1634
01:14:33,742 --> 01:14:35,075
- You left.
You escaped.
1635
01:14:35,158 --> 01:14:37,826
- We left, uh, legally,
April '41.
1636
01:14:37,909 --> 01:14:39,909
My mom was a widow.
I was 15.
1637
01:14:39,992 --> 01:14:41,117
I was a German national.
1638
01:14:41,200 --> 01:14:43,033
I still have
my German passport.
1639
01:14:43,117 --> 01:14:44,409
- You do?
- Oh, yes.
1640
01:14:44,492 --> 01:14:46,867
You wanna see it?
- Yeah, oh, yeah.
1641
01:14:46,951 --> 01:14:49,951
- It is expired.
[laughs]
1642
01:14:50,033 --> 01:14:52,784
- It's expired?
- Yes.
1643
01:14:52,867 --> 01:14:56,534
It does have a J on it.
1644
01:14:56,617 --> 01:14:58,367
Jew.
[laughs]
1645
01:14:58,450 --> 01:15:02,117
Stefan Theodore,
which is then Israel Edlis.
1646
01:15:02,200 --> 01:15:05,409
And I was a student.
1647
01:15:05,492 --> 01:15:09,075
And that's my picture
in 1938.
1648
01:15:10,242 --> 01:15:12,283
- What's it like
for a Jewish collector
1649
01:15:12,367 --> 01:15:14,242
to have this Cattelan?
1650
01:15:14,325 --> 01:15:16,659
- Well, this is the question
that's always been asked.
1651
01:15:16,742 --> 01:15:21,033
Uh, it's a, um--I think it's
a fair question.
1652
01:15:21,117 --> 01:15:24,409
It's also irrelevant.
1653
01:15:24,492 --> 01:15:28,075
Because art is art.
1654
01:15:29,575 --> 01:15:32,701
[distant birds calling]
1655
01:15:53,283 --> 01:15:54,701
[answering machine beeps]
- Hi, Larry.
1656
01:15:54,784 --> 01:15:56,534
It's Dennes Yares again.
1657
01:15:56,617 --> 01:15:59,534
I'd just like to set up a time
for me to come to the studio
1658
01:15:59,617 --> 01:16:02,534
so we can select paintings
for the New York exhibition.
1659
01:16:02,617 --> 01:16:04,075
Take care.
Bye.
1660
01:16:04,158 --> 01:16:05,283
[stereo clicks]
1661
01:16:05,367 --> 01:16:08,367
[Weber's
"Clarinet Concerto No. 1"]
1662
01:16:08,450 --> 01:16:12,992
♪ ♪
1663
01:16:13,075 --> 01:16:15,701
- He was a contemporary
of Beethoven's.
1664
01:16:15,784 --> 01:16:17,909
- Von Weber?
- Von Webern.
1665
01:16:17,992 --> 01:16:19,075
- Von Webern.
1666
01:16:19,158 --> 01:16:26,283
♪ ♪
1667
01:17:25,450 --> 01:17:32,534
♪ ♪
1668
01:18:06,492 --> 01:18:09,951
- Yeah, to me, that looks like
a finished painting.
1669
01:18:10,033 --> 01:18:13,242
They just
finish themselves off.
1670
01:18:13,325 --> 01:18:15,575
I can't imagine
anything I could do
1671
01:18:15,659 --> 01:18:18,492
except ruin it at this point.
1672
01:18:18,575 --> 01:18:21,492
[snickers]
1673
01:18:21,575 --> 01:18:24,325
Lunch time.
[laughs]
1674
01:18:24,409 --> 01:18:27,367
[pensive music]
1675
01:18:27,450 --> 01:18:34,492
♪ ♪
1676
01:18:36,283 --> 01:18:38,283
- I have not done
my best work.
1677
01:18:38,367 --> 01:18:39,909
I want to achieve that.
1678
01:18:39,992 --> 01:18:43,283
I want to create something
that's spectacular.
1679
01:18:43,367 --> 01:18:45,784
♪ ♪
1680
01:18:45,867 --> 01:18:48,701
I remember I was invited
to Sweden to meet a collector
1681
01:18:48,784 --> 01:18:52,867
to see if I had an idea for
a sculpture for their estate.
1682
01:18:52,951 --> 01:18:55,909
You know, and
a steam engine came to mind,
1683
01:18:55,992 --> 01:18:57,701
that I would have a large
crane, and then
1684
01:18:57,784 --> 01:19:01,158
hanging from the crane, uh,
I'd have a big steam engine.
1685
01:19:01,242 --> 01:19:04,659
And when a train functions,
there are pistons there.
1686
01:19:04,742 --> 01:19:07,909
So every time it comes in,
it's like a human being.
1687
01:19:07,992 --> 01:19:10,075
It's a metaphor.
[inhales sharply]
1688
01:19:10,158 --> 01:19:11,242
[exhales sharply]
1689
01:19:11,325 --> 01:19:14,659
[breathing sharply]
1690
01:19:14,742 --> 01:19:16,325
So it's what we do.
It's breathing.
1691
01:19:16,409 --> 01:19:19,492
But each time,
it's a puff of steam.
1692
01:19:19,575 --> 01:19:21,659
[puffing]
1693
01:19:21,742 --> 01:19:24,283
[breathing sharply]
1694
01:19:24,367 --> 01:19:26,117
And it would follow
this bell curve
1695
01:19:26,200 --> 01:19:28,742
and eventually be going faster
and faster and faster.
1696
01:19:28,826 --> 01:19:31,909
[mimics train whistle]
1697
01:19:31,992 --> 01:19:33,742
- What would it cost to do?
1698
01:19:33,826 --> 01:19:36,409
- Uh, I mean, I think that
I can make it anywhere between
1699
01:19:36,492 --> 01:19:38,701
25 to 50 million.
- Hm.
1700
01:19:38,784 --> 01:19:41,784
- But, uh, it's just
power and excitement.
1701
01:19:41,867 --> 01:19:44,200
Even--you're right
underneath the cow catcher.
1702
01:19:44,283 --> 01:19:46,367
The cow catcher's
30 feet off the ground,
1703
01:19:46,450 --> 01:19:48,158
so you can stand right
underneath it,
1704
01:19:48,242 --> 01:19:49,659
and you can yell, you know,
"Hey,
1705
01:19:49,742 --> 01:19:53,033
Mom, Dad, look at this,"
you know?
1706
01:19:53,117 --> 01:19:56,033
[stirring music]
1707
01:19:56,117 --> 01:20:00,575
♪ ♪
1708
01:20:00,659 --> 01:20:02,867
- Has Trump been good
for the art market?
1709
01:20:02,951 --> 01:20:05,617
I think there's been
a fairly good feeling
1710
01:20:05,701 --> 01:20:07,409
among the art collectors
this week.
1711
01:20:07,492 --> 01:20:10,033
Fundamentally, the underlying
opportunity here is that
1712
01:20:10,117 --> 01:20:11,951
there's just a lot of
really very wealthy people,
1713
01:20:12,033 --> 01:20:13,575
and they have a lot
of capital to deploy.
1714
01:20:13,659 --> 01:20:16,117
- Well, I think it's
definitely a robust market.
1715
01:20:16,200 --> 01:20:18,117
Definitely tremendous
depth of bidding,
1716
01:20:18,200 --> 01:20:21,992
particularly for masterpieces,
for contemporary works of art.
1717
01:20:22,075 --> 01:20:23,742
This is a very
attractive asset class.
1718
01:20:23,826 --> 01:20:25,701
- Are you getting
good stuff to sell?
1719
01:20:25,784 --> 01:20:29,951
- Yes, we're starting to see
artists who have very little
1720
01:20:30,033 --> 01:20:31,659
depth of trading,
very little traction,
1721
01:20:31,742 --> 01:20:34,367
selling for enormous prices
if there's confidence
1722
01:20:34,450 --> 01:20:35,742
in that artist's work.
1723
01:20:35,826 --> 01:20:42,909
♪ ♪
1724
01:20:44,075 --> 01:20:45,492
- It's totally amazing.
1725
01:20:45,575 --> 01:20:48,575
It's just extraordinary.
1726
01:20:49,742 --> 01:20:53,951
I spent about five days
researching her life,
1727
01:20:54,033 --> 01:20:56,450
and her mother died,
and what's going on in Nigeria,
1728
01:20:56,534 --> 01:20:58,325
and what's going on
with the Nigerian diaspora
1729
01:20:58,409 --> 01:21:01,325
in this country,
and I like supporting women.
1730
01:21:01,409 --> 01:21:05,534
Recently, I sold some things,
and now I have a little excess,
1731
01:21:05,617 --> 01:21:07,242
and I'd like to
take that excess
1732
01:21:07,325 --> 01:21:09,158
and buy this very, very much.
1733
01:21:09,242 --> 01:21:12,033
- Your limit is the estimate,
of around $300,000?
1734
01:21:12,117 --> 01:21:14,158
- I'm gonna try.
1735
01:21:14,242 --> 01:21:16,200
I mean, I think
the gallery's nervous.
1736
01:21:16,283 --> 01:21:19,200
They're concerned because
there's 12 people who want it.
1737
01:21:19,283 --> 01:21:21,200
And once you're playing with
sharks,
1738
01:21:21,283 --> 01:21:24,575
it's just--it's
a whole different ballgame.
1739
01:21:24,659 --> 01:21:26,033
You know what
they say about sharks?
1740
01:21:26,158 --> 01:21:27,867
They have to keep moving,
or they die, right?
1741
01:21:27,951 --> 01:21:29,409
And I'm not gonna
play that game.
1742
01:21:29,492 --> 01:21:31,492
'Cause I don't want to
really be a part of
1743
01:21:31,575 --> 01:21:33,617
the kind of jerk who, like,
1744
01:21:33,701 --> 01:21:37,867
goes so high and kind of
outprices the artist
1745
01:21:37,951 --> 01:21:40,242
and contributes potentially to
1746
01:21:40,367 --> 01:21:43,033
a crash-and-burn situation
for that artist.
1747
01:21:43,158 --> 01:21:46,033
[pensive music]
1748
01:21:46,158 --> 01:21:53,325
♪ ♪
1749
01:22:00,033 --> 01:22:02,617
- This show that's coming up
is wonderful.
1750
01:22:02,701 --> 01:22:05,075
You've waited, in a way,
a long time for that.
1751
01:22:05,158 --> 01:22:06,951
- No, I haven't waited for it.
1752
01:22:07,033 --> 01:22:08,117
♪ ♪
1753
01:22:08,200 --> 01:22:10,701
[door buzzing]
1754
01:22:12,701 --> 01:22:14,450
♪ ♪
1755
01:22:14,534 --> 01:22:16,534
[lock buzzing]
1756
01:22:18,867 --> 01:22:19,951
[stapler clacks]
1757
01:22:20,033 --> 01:22:21,158
[knocking on door]
1758
01:22:21,742 --> 01:22:23,617
- Hello.
- How are you?
1759
01:22:23,701 --> 01:22:24,784
- Dennis?
- Yes.
1760
01:22:24,867 --> 01:22:26,909
Hey, good to see you.
1761
01:22:26,992 --> 01:22:28,409
I was looking for this one--
this one.
1762
01:22:28,492 --> 01:22:29,701
Is this here?
1763
01:22:32,033 --> 01:22:34,534
- Uh, yes, everything's here.
1764
01:22:34,617 --> 01:22:35,659
- 'Cause this is the other one
1765
01:22:35,742 --> 01:22:36,951
I really like,
too, for the show.
1766
01:22:37,033 --> 01:22:38,367
This is--I love this one.
- Okay.
1767
01:22:38,450 --> 01:22:39,784
Images from the same one--
- But this one--
1768
01:22:39,867 --> 01:22:42,033
This one I really like, Larry.
1769
01:22:44,242 --> 01:22:47,992
- How soon do we need
to have them chosen?
1770
01:22:48,075 --> 01:22:50,826
- Right--well, today.
- Okay, let's do it today.
1771
01:22:50,909 --> 01:22:52,409
- Oh, yeah, that's gorgeous.
1772
01:22:52,492 --> 01:22:54,117
- Isn't it great?
- It's gorgeous, gorgeous.
1773
01:22:54,200 --> 01:22:55,784
Gorgeous.
1774
01:22:55,867 --> 01:22:57,492
What do you think?
Oh, I love it.
1775
01:22:57,575 --> 01:22:58,534
- Oh, yeah?
- Just like this.
1776
01:22:58,617 --> 01:22:59,534
- Okay.
- Mm-hmm.
1777
01:22:59,617 --> 01:23:00,992
Maybe the square one.
1778
01:23:01,075 --> 01:23:02,701
- Can we get--
- The square one's a show-off.
1779
01:23:02,784 --> 01:23:04,367
- Then why don't we include
this for the show?
1780
01:23:04,450 --> 01:23:06,242
That one, and then we'll look
at the whole mix.
1781
01:23:06,325 --> 01:23:07,992
It doesn't mean we
have to install all of them.
1782
01:23:08,075 --> 01:23:09,784
- Right. Okay.
- We can have it on hand.
1783
01:23:09,867 --> 01:23:12,659
- New York's gotta see it.
- New York's gonna see it.
1784
01:23:12,742 --> 01:23:14,909
That's why we're here.
[chuckles]
1785
01:23:14,992 --> 01:23:18,242
If you look historically,
this dialogue between
1786
01:23:18,325 --> 01:23:23,409
artist and dealer
brings to life the art.
1787
01:23:23,492 --> 01:23:26,617
And unless you have
that right mix,
1788
01:23:26,701 --> 01:23:28,409
you can be forgotten.
1789
01:23:28,492 --> 01:23:31,867
It's no different from
a great pianist playing
1790
01:23:31,951 --> 01:23:36,075
with the right orchestra
under the right conductor.
1791
01:23:36,158 --> 01:23:38,617
And sometimes
you just miss it.
1792
01:23:38,701 --> 01:23:42,909
He just kind of missed,
but not anymore.
1793
01:23:42,992 --> 01:23:46,158
He's found.
[laughs]
1794
01:23:46,242 --> 01:23:47,617
- Cool, just again...
- Love it.
1795
01:23:47,701 --> 01:23:49,784
- Yeah.
Let's go eat.
1796
01:23:49,867 --> 01:23:52,784
[upbeat music]
1797
01:23:52,867 --> 01:23:55,242
♪ ♪
1798
01:23:55,325 --> 01:23:58,492
- So I'm resting my head.
It's, like, a way of relaxing.
1799
01:23:58,575 --> 01:24:01,409
- Stressed?
- No, just tired.
1800
01:24:01,492 --> 01:24:02,909
I'm not really stressed.
1801
01:24:02,992 --> 01:24:04,826
It's gonna--
it'll be a good sale.
1802
01:24:04,909 --> 01:24:08,075
♪ ♪
1803
01:24:08,158 --> 01:24:09,867
They're gone?
1804
01:24:09,951 --> 01:24:12,075
Can I--want me to--
oh, they're taking it down now?
1805
01:24:12,158 --> 01:24:13,367
That's it?
1806
01:24:13,450 --> 01:24:14,575
Bye.
Look it.
1807
01:24:14,659 --> 01:24:17,492
There it is, 653-1,
Richter 1988.
1808
01:24:17,575 --> 01:24:19,158
Just off the wall here.
1809
01:24:19,242 --> 01:24:24,909
♪ ♪
1810
01:24:24,992 --> 01:24:26,742
- And there's a lonely,
lonely woman, yeah.
1811
01:24:26,826 --> 01:24:28,242
- De Kooning.
"Woman in Landscape."
1812
01:24:28,325 --> 01:24:31,325
- Is that what it is?
- 1968, yep.
1813
01:24:31,409 --> 01:24:33,325
- Where's the woman,
where's the landscape?
1814
01:24:33,409 --> 01:24:34,867
- I'll tell you--
I'll give you a hint.
1815
01:24:34,951 --> 01:24:36,075
That little green
in the corner,
1816
01:24:36,158 --> 01:24:38,117
that's the landscape, okay?
1817
01:24:38,200 --> 01:24:40,992
Bye.
1818
01:24:41,075 --> 01:24:42,283
Bye!
1819
01:24:42,367 --> 01:24:45,200
♪ ♪
1820
01:24:45,283 --> 01:24:49,200
- Oh, auctions, auctions,
auctions make me sick,
1821
01:24:49,283 --> 01:24:53,575
only because what I'm doing
in those showrooms is saying
1822
01:24:53,659 --> 01:24:55,617
good-bye for the rest
of my life
1823
01:24:55,701 --> 01:24:58,242
to every work of art
I'm seeing,
1824
01:24:58,325 --> 01:25:01,367
because all of it
is now too expensive
1825
01:25:01,450 --> 01:25:05,951
for any institution to buy,
except maybe the Getty,
1826
01:25:06,033 --> 01:25:08,701
and they can only buy
one thing a year.
1827
01:25:08,784 --> 01:25:12,867
I kind of wish that
collectors would give back,
1828
01:25:12,951 --> 01:25:15,283
but I don't know that
I would give back.
1829
01:25:15,367 --> 01:25:17,951
So it's gonna hang
in some apartment
1830
01:25:18,033 --> 01:25:21,325
in London or Shanghai
or New York,
1831
01:25:21,409 --> 01:25:24,575
and I won't see it again
for my natural life.
1832
01:25:24,659 --> 01:25:27,659
[soft dramatic music]
1833
01:25:27,742 --> 01:25:31,826
♪ ♪
1834
01:25:31,909 --> 01:25:33,492
- Good evening,
ladies and gentlemen,
1835
01:25:33,575 --> 01:25:35,325
and a very warm welcome
to Sotheby's.
1836
01:25:35,409 --> 01:25:37,325
My name is Oliver Barker,
and I'm delighted to be
1837
01:25:37,409 --> 01:25:39,617
your auctioneer for tonight's
sale of contemporary art.
1838
01:25:39,701 --> 01:25:41,909
And we start with
our great privilege,
1839
01:25:41,992 --> 01:25:43,242
with the triumph of painting,
1840
01:25:43,325 --> 01:25:45,409
the Steven and Ann Ames
collection.
1841
01:25:45,492 --> 01:25:47,492
And we'll start with
this evening's George Condo,
1842
01:25:47,575 --> 01:25:49,617
"The Woman on Brown Chair"
from 2007.
1843
01:25:49,701 --> 01:25:51,158
I'm gonna start the bidding
at 300,000.
1844
01:25:51,242 --> 01:25:55,158
350,000, 400,000.
George O'Dell at 600,000.
1845
01:25:55,242 --> 01:25:57,701
650,000, 700,000.
1846
01:25:57,784 --> 01:25:59,742
800,000 in a new place.
1847
01:25:59,826 --> 01:26:01,784
It's your bid, sir.
Thank you.
1848
01:26:01,867 --> 01:26:04,701
And we'll move on to the
"Woman Landscape," $1 million.
1849
01:26:04,784 --> 01:26:07,200
1,100,000, 1,300,000 now.
1850
01:26:07,283 --> 01:26:10,242
1,500,000, 1,800,000,
1851
01:26:10,325 --> 01:26:13,701
2,350,000.
Lot number six.
1852
01:26:13,784 --> 01:26:16,200
Gerhard Richter paintings,
the "A B, St James."
1853
01:26:16,283 --> 01:26:18,534
And I'm gonna start the bidding
here at $16 million.
1854
01:26:18,617 --> 01:26:21,951
17 million, $18 million,
19 million now.
1855
01:26:22,033 --> 01:26:24,200
$20 million now,
fair warning.
1856
01:26:24,283 --> 01:26:25,283
[gavel bangs]
It's yours, sir.
1857
01:26:25,367 --> 01:26:26,325
Thank you very much indeed.
1858
01:26:26,409 --> 01:26:27,701
We go on to lot number 30,
1859
01:26:27,784 --> 01:26:29,158
the wonderful
"A B, Still" painting.
1860
01:26:29,242 --> 01:26:31,575
Start the bidding here
at $14 million.
1861
01:26:31,659 --> 01:26:34,867
$15 million, $16 million,
$17, $18 million,
1862
01:26:34,951 --> 01:26:37,242
$20 million here,
$21 million,
1863
01:26:37,325 --> 01:26:39,701
$22 million now,
$23 million,
1864
01:26:39,784 --> 01:26:41,867
$24 million,
$25 million,
1865
01:26:41,951 --> 01:26:45,992
25,500,000, 26,500,000.
$27 million.
1866
01:26:46,075 --> 01:26:49,826
27,500,000, $29 million,
$29,500,000.
1867
01:26:49,909 --> 01:26:52,575
$30 million now.
Fair warning now.
1868
01:26:52,659 --> 01:26:57,784
The very last sign
at $30 million.
1869
01:26:57,867 --> 01:26:59,909
Sold to you, Galas.
Thank you very much indeed.
1870
01:26:59,992 --> 01:27:03,033
And we have the Crosby here
from 2012, the "DROWN."
1871
01:27:03,117 --> 01:27:06,283
And I'll start at 100,000,
120,000, 150,000
1872
01:27:06,367 --> 01:27:08,826
180,000, 200,000--
Thank you, Amy.
1873
01:27:08,909 --> 01:27:13,283
250,000, 300,000,
350,000 now.
1874
01:27:13,367 --> 01:27:15,617
At 350,000.
Try 4, sir.
1875
01:27:15,701 --> 01:27:17,409
400,000.
1876
01:27:17,492 --> 01:27:20,367
♪ ♪
1877
01:27:20,450 --> 01:27:22,325
Amy, against you now.
1878
01:27:22,409 --> 01:27:26,492
400,000, Leslie's now.
At 400,000, 450,000,
1879
01:27:26,575 --> 01:27:30,450
500,000, 550,000.
So your bid, madam, is 600,000.
1880
01:27:30,534 --> 01:27:31,992
650,000.
1881
01:27:32,075 --> 01:27:35,742
700,000 now.
750,000.
1882
01:27:35,826 --> 01:27:37,784
800,000 now.
1883
01:27:37,867 --> 01:27:41,117
850,000.
There it is at 850.
1884
01:27:41,200 --> 01:27:45,200
It's 850,000.
900,000 now.
1885
01:27:45,283 --> 01:27:47,784
At $900,000.
1886
01:27:47,867 --> 01:27:49,242
It's with Alex at the desk,
1887
01:27:49,325 --> 01:27:50,450
and I'm gonna sell it
this time.
1888
01:27:50,534 --> 01:27:55,909
Fair warning, at $900,000.
1889
01:27:55,992 --> 01:27:58,909
Thank you, Alex. L0075.
[applause]
1890
01:27:58,992 --> 01:28:00,909
And thank you, Amy,
to your bidder as well.
1891
01:28:00,992 --> 01:28:02,033
Thank you very much indeed.
1892
01:28:02,117 --> 01:28:03,367
[applause]
1893
01:28:03,450 --> 01:28:04,701
- Hmm.
1894
01:28:07,409 --> 01:28:08,992
[exhales, soft laugh]
1895
01:28:09,075 --> 01:28:12,575
"DROWN" was sold at a show
from a few years ago,
1896
01:28:12,659 --> 01:28:15,409
and the person who
bought it resold it.
1897
01:28:15,492 --> 01:28:17,992
- They brought it to auction?
- They brought it to auction.
1898
01:28:18,075 --> 01:28:19,283
Um--
- They flipped it, basically.
1899
01:28:19,367 --> 01:28:20,826
- Yeah.
- Is that--
1900
01:28:20,909 --> 01:28:24,075
That's what happened?
- That's what happened.
1901
01:28:24,158 --> 01:28:26,367
- I see.
- Yeah.
1902
01:28:27,659 --> 01:28:29,117
- You, so--
- [laughs]
1903
01:28:29,200 --> 01:28:32,325
- So a flipper bought it.
- A flipper bought it.
1904
01:28:32,409 --> 01:28:33,742
When I'm just thinking of
1905
01:28:33,826 --> 01:28:35,158
what success means for me...
- Yes, yes?
1906
01:28:35,242 --> 01:28:39,117
- I'm very interested in
the long term.
1907
01:28:39,200 --> 01:28:42,117
Um, so it's not about
making a lot of money
1908
01:28:42,200 --> 01:28:43,492
in the next five years
1909
01:28:43,575 --> 01:28:45,367
and buying
a beautiful house in LA,
1910
01:28:45,450 --> 01:28:46,575
although that would be good,
1911
01:28:46,659 --> 01:28:48,701
but that's not
my driving force.
1912
01:28:48,784 --> 01:28:52,158
I'm very--because it's--
I keep thinking long term,
1913
01:28:52,242 --> 01:28:53,951
long term, long term.
1914
01:28:54,033 --> 01:28:55,951
Um, what matters
in the long term?
1915
01:28:56,033 --> 01:28:59,367
The institutions you get into,
the shows you get into.
1916
01:28:59,450 --> 01:29:02,283
- So you want your work
in museums?
1917
01:29:02,367 --> 01:29:04,409
- Yeah, museums are,
for a lack of a better word,
1918
01:29:04,492 --> 01:29:07,701
the gatekeepers of culture,
to some extent.
1919
01:29:07,784 --> 01:29:11,200
I mean, you walk into--
once you cross that threshold
1920
01:29:11,283 --> 01:29:12,742
of the door,
you're walking in,
1921
01:29:12,826 --> 01:29:14,492
and in your mind,
you're thinking,
1922
01:29:14,575 --> 01:29:16,701
"These are works that matter."
1923
01:29:16,784 --> 01:29:19,909
Not just for our generation,
but for future generations.
1924
01:29:19,992 --> 01:29:23,867
So maybe things happen
and I fall out of favor
1925
01:29:23,951 --> 01:29:25,701
in a number of years.
1926
01:29:25,784 --> 01:29:27,075
It'll go into storage.
1927
01:29:27,158 --> 01:29:29,742
But someday,
maybe in 50 years,
1928
01:29:29,826 --> 01:29:32,158
maybe in 70, maybe in 150,
1929
01:29:32,242 --> 01:29:33,784
it could come out.
1930
01:29:33,867 --> 01:29:35,492
It doesn't just vanish.
1931
01:29:37,492 --> 01:29:39,575
[soft music]
1932
01:29:39,659 --> 01:29:41,033
- Now to a landmark donation
1933
01:29:41,117 --> 01:29:42,325
for the Art Institute
of Chicago.
1934
01:29:42,409 --> 01:29:43,742
The museum says
1935
01:29:43,826 --> 01:29:45,992
it's the largest gift
in its history.
1936
01:29:46,075 --> 01:29:48,951
42 iconic pieces
of contemporary art.
1937
01:29:49,033 --> 01:29:52,826
It's estimated to be worth
about $400 million.
1938
01:29:52,909 --> 01:29:55,742
The gift includes nine works
by Andy Warhol,
1939
01:29:55,826 --> 01:30:00,742
including "Twelve Jackies,"
"Flowers," and "Liz #3."
1940
01:30:00,826 --> 01:30:03,075
The President of the Art
Institute said in a statement,
1941
01:30:03,158 --> 01:30:05,200
"We are so grateful
to Stefan and Gael
1942
01:30:05,283 --> 01:30:06,951
"for the extraordinary gift.
1943
01:30:07,033 --> 01:30:09,909
"It allows us to build
one of the richest narratives
1944
01:30:09,992 --> 01:30:12,075
of art under one roof."
1945
01:30:12,158 --> 01:30:18,909
♪ ♪
1946
01:30:18,992 --> 01:30:20,492
[loud beep]
1947
01:30:20,575 --> 01:30:23,701
- Oh, too close, too close.
1948
01:30:25,033 --> 01:30:26,534
It's so beautiful,
this sculpture.
1949
01:30:26,617 --> 01:30:28,951
The heart shape
that it makes.
1950
01:30:29,033 --> 01:30:31,450
[loud beep]
1951
01:30:31,534 --> 01:30:33,450
[beeping]
1952
01:30:33,534 --> 01:30:36,492
- You have to come close
to see the glitter.
1953
01:30:36,575 --> 01:30:38,200
There's glitter in there.
1954
01:30:38,283 --> 01:30:40,575
- You've given this incredible
gift to the museum.
1955
01:30:40,659 --> 01:30:42,075
Why?
1956
01:30:42,158 --> 01:30:45,659
- Well, the simple answer is
no grandkids.
1957
01:30:45,742 --> 01:30:49,450
We had had conversations
with the museum, and I said,
1958
01:30:49,534 --> 01:30:51,450
"You know, I'm gonna give you
a picture, and it's gonna
1959
01:30:51,534 --> 01:30:54,784
end up in storage.
That's not good enough."
1960
01:30:54,867 --> 01:30:58,242
So they said, "We're gonna
clean our existing gallery,
1961
01:30:58,325 --> 01:31:01,534
"and it'll stay up like
you want for 25 years
1962
01:31:01,617 --> 01:31:05,283
"in the gallery, and
another 25 years mixed up,
1963
01:31:05,367 --> 01:31:07,033
but still up."
1964
01:31:07,117 --> 01:31:09,742
- Seeing it here today,
do you miss it at home?
1965
01:31:09,826 --> 01:31:11,325
- All our walls are full.
1966
01:31:11,409 --> 01:31:12,826
[both laughing]
1967
01:31:12,909 --> 01:31:16,450
No more room at the inn.
- No, it's nice to see it--
1968
01:31:16,534 --> 01:31:19,033
- No, we'll make sure
that we don't miss it.
1969
01:31:19,117 --> 01:31:20,826
If we really miss it,
we can come down
1970
01:31:20,909 --> 01:31:22,617
and have another look.
1971
01:31:23,033 --> 01:31:24,409
- Now, tell me about the Liz.
1972
01:31:24,492 --> 01:31:26,200
- That's the only
partial gift.
1973
01:31:26,283 --> 01:31:27,575
Well, I gave the Liz
at 10%
1974
01:31:27,659 --> 01:31:28,659
because I just got it.
1975
01:31:28,742 --> 01:31:29,992
I'd like to live with it.
1976
01:31:30,075 --> 01:31:31,158
You can have it
for six months,
1977
01:31:31,242 --> 01:31:32,826
I'll have it for the rest.
1978
01:31:32,909 --> 01:31:35,283
Meanwhile, get me a poster,
get me something.
1979
01:31:35,409 --> 01:31:39,242
And then Gael came back
with an exact copy,
1980
01:31:39,325 --> 01:31:41,242
including the wrinkles
in the canvas.
1981
01:31:41,325 --> 01:31:42,617
[laughs]
1982
01:31:42,701 --> 01:31:44,367
So we're happy with the copy.
1983
01:31:44,450 --> 01:31:47,701
Let them have the real stuff.
1984
01:31:47,784 --> 01:31:50,534
It's amazing
what technology can do now.
1985
01:31:50,617 --> 01:31:52,701
- Doesn't this raise a little
bit of a question, though, too,
1986
01:31:52,784 --> 01:31:56,033
about even, what is--
what is a piece of art
1987
01:31:56,117 --> 01:31:59,117
if it is reproducible
like that?
1988
01:31:59,200 --> 01:32:03,033
- You're--absolutely, you put
your finger in the wound.
1989
01:32:03,117 --> 01:32:05,033
That's it.
What is a piece of art?
1990
01:32:05,117 --> 01:32:07,409
Absolu--that's a question.
I can't answer it,
1991
01:32:07,492 --> 01:32:09,617
but I will--
I certainly agree with you.
1992
01:32:09,701 --> 01:32:13,367
♪ ♪
1993
01:32:13,450 --> 01:32:15,409
Looks good there, doesn't it?
1994
01:32:15,492 --> 01:32:18,325
Makes you feel like
you've done something.
1995
01:32:18,409 --> 01:32:20,242
Everybody would like
to think, in life,
1996
01:32:20,325 --> 01:32:21,992
that they've done something.
1997
01:32:22,075 --> 01:32:28,033
♪ ♪
1998
01:32:28,117 --> 01:32:31,075
- I'm sad that too much
of their conversation
1999
01:32:31,158 --> 01:32:32,742
has been about the money,
2000
01:32:32,826 --> 01:32:36,617
the shiny thing
that's easiest to talk about,
2001
01:32:36,701 --> 01:32:39,325
but nobody's
thinking about that.
2002
01:32:39,409 --> 01:32:41,325
Except you.
Not you.
2003
01:32:41,409 --> 01:32:43,409
The collective you.
2004
01:32:43,492 --> 01:32:45,117
So you can hate us.
2005
01:32:45,200 --> 01:32:47,325
Everybody should
make fun of the art world.
2006
01:32:47,409 --> 01:32:48,742
Is it absurd?
2007
01:32:48,826 --> 01:32:52,742
Yes.
Is it necessary?
2008
01:32:52,826 --> 01:32:57,909
Probably no more necessary
than religion, I would argue.
2009
01:32:57,992 --> 01:33:01,742
You need to eat.
You need not to be killed.
2010
01:33:01,826 --> 01:33:04,283
You need to have
some measure of freedom.
2011
01:33:04,367 --> 01:33:09,033
So I'm not here to tell you
art matters more than freedom,
2012
01:33:09,117 --> 01:33:12,117
but I am here to say that
art is part of being alive
2013
01:33:12,200 --> 01:33:14,242
as much as Mozart is.
2014
01:33:16,075 --> 01:33:18,534
[strumming guitar]
2015
01:33:20,409 --> 01:33:24,784
- It's called "Pictures
From Life's Other Side."
2016
01:33:24,867 --> 01:33:28,617
♪ In the world's mighty gallery
of pictures ♪
2017
01:33:28,701 --> 01:33:33,117
♪ Hang the scenes
that are painted from life ♪
2018
01:33:33,200 --> 01:33:36,992
♪ There hang scenes
of love and of passion ♪
2019
01:33:37,075 --> 01:33:41,367
♪ There hang pictures
of peace and of strife ♪
2020
01:33:41,450 --> 01:33:43,158
♪ Pictures of love
and of beauty ♪
2021
01:33:43,242 --> 01:33:44,784
[orchestra accompanies]
2022
01:33:44,867 --> 01:33:48,742
♪ Of old age and
the blushing young bride ♪
2023
01:33:48,826 --> 01:33:53,158
♪ They all hang on the wall
but the saddest of all ♪
2024
01:33:53,242 --> 01:33:57,701
♪ Are the pictures
from life's other side ♪
2025
01:33:57,784 --> 01:34:01,742
♪ There's the picture
from life's other side ♪
2026
01:34:01,826 --> 01:34:06,200
♪ Someone has fell
by the way ♪
2027
01:34:06,283 --> 01:34:10,033
♪ Life has gone out
with the tide ♪
2028
01:34:10,117 --> 01:34:14,450
♪ That might have been
happy someday ♪
2029
01:34:14,534 --> 01:34:18,701
♪ It's a pearl old mother
at home ♪
2030
01:34:18,784 --> 01:34:22,701
♪ She's watching
and waitin' alone ♪
2031
01:34:22,784 --> 01:34:27,450
♪ Just longing to hear
from a loved one so dear ♪
2032
01:34:27,534 --> 01:34:30,575
♪ Just a picture
from life's other side ♪
2033
01:34:30,659 --> 01:34:31,701
Hey.
- Hi.
2034
01:34:31,784 --> 01:34:34,033
- Nice to see you again.
2035
01:34:34,117 --> 01:34:40,951
♪ ♪
2036
01:34:41,033 --> 01:34:42,701
Hi.
- So great.
2037
01:34:42,784 --> 01:34:45,492
- Really good.
Really.
2038
01:34:45,575 --> 01:34:47,158
- It's a magnificent color.
2039
01:34:47,242 --> 01:34:49,242
- The paintings
are incredible.
2040
01:34:49,325 --> 01:34:50,701
- Eh, thank you.
- Yeah.
2041
01:34:50,784 --> 01:34:52,367
- Beautiful stuff, thanks.
- Hey, thank you.
2042
01:34:52,450 --> 01:34:54,409
- Thanks a lot, man.
- I love this new work.
2043
01:34:54,492 --> 01:34:56,283
The color's incredible.
2044
01:34:56,367 --> 01:34:59,534
- You are incredible.
Never change.
2045
01:34:59,617 --> 01:35:01,242
- Thank you.
- It's wonderful.
2046
01:35:01,325 --> 01:35:03,909
♪ ♪
2047
01:35:03,992 --> 01:35:07,075
- It's--it's the paintings
that motivate everything.
2048
01:35:07,158 --> 01:35:10,158
[stirring orchestral music]
2049
01:35:10,242 --> 01:35:17,325
♪ ♪
2050
01:36:10,701 --> 01:36:13,701
[Little Walter's
"Off the Wall"]
2051
01:36:13,784 --> 01:36:20,867
♪ ♪
2052
01:37:09,617 --> 01:37:16,659
♪ ♪
2053
01:37:39,826 --> 01:37:41,909
[beeping]
2054
01:38:28,283 --> 01:38:30,242
- At 400 million,
2055
01:38:30,325 --> 01:38:33,492
Leonardo's "Salvator Mundi"
selling here at Christie's.
2056
01:38:33,575 --> 01:38:35,117
$400 million is the bid.
2057
01:38:35,200 --> 01:38:38,117
And the piece is sold.
[gavel bangs]
2058
01:38:38,200 --> 01:38:41,367
[cheers and applause]
2059
01:38:44,283 --> 01:38:46,867
[bright tone]
145199
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