Art News Blog
Sunday, March 11, 2007
  Five Dollars Auction on eBay
money series of paintingsA single digit painting from the Money Series by Anthony White is currently being auctioned on eBay. The $5 painting is from the US dollars series. It was originally sold by Anthony for 5 US dollars, but the highest bid is $385 at the moment (with 6 days of bidding left).

"For an emerging artist I think that I have more secondary sales than any other artist I know about. Starting out I knew that I had to cultivate a strong secondary market to have a strong primary market but I think I may have taken it too far. After this action the painting will have had three different owners in less than 3 months and four different owners in the last 15 months since I sold the painting. All four owners have made a profit from owning and selling my artwork." Anthony White

I interviewed Anthony White last year and asked him about his money paintings. I also became the owner of 7 Euros!
>> Contemporary Artists, Art Auctions
 
Art News Blog Comments:
this is hilarious! Oh well, such is life in the art market. I say more power to him.
 
Anyone else having a hard time figuring out the bidding history? I'm showing the bidders listed as Bidder 1 and Bidder 2, that they're both fairly newly registered (less than 6 months,) and their activity for the last 30 days includes this auction only. Is this some sort of private auction that's hiding the usernames, bidding histories, and feedback (if any)? Though you are able to see the feedback of the seller. His feedback as a buyer looks good, but his two recent attempts at selling earned him negatives both times.
 
That is just crazy, crazy stuff. Wish I could get away with that.
 
If there's some kind of niche, then why not take stab at it. It reminds me of speculation i.e. get in, hit hard and then run with the money. I think this fad won't last too long nor will these pieces hold their value for those that buy/bought thinking they can turn it for a profit in the future.
 
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