Sunday, March 18, 2007

ANYTHING WITH ANDY'S NAME ON IT

«Better than anyone else Warhol had understood that the art market in 1960's answered the Medieval alchimist's prayer for a philosopher's stone that could change lead into gold. Suddenly there were more millionaires in suburban Omaha than there were paintings by Manet or Titian.The gentlemen needed symbols of their economic triumphs-something to place on the wall as a marker buoy attesting to the presence of a sunken treasure. The trendier museums acquired enough of the new art to establish a kind of Federal Reserve System for the canvas equivalent of junks bonds. Within a year of Warhol's death, Sotheby's auctioned his collection of cookie jars for $237 830. Lead had turned to gold and art was anything with Andy's name on it".


-Lewis H Lapham
«Money and Class in America».

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