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Posted

I don't get the seven figure price tag on art either (I suppose it's kinda like paying $7MM for a pitcher with an ERA of 4.50), but those are pretty sweet.

Posted

Joke's on you Ralph! I just printed every one of those paintings off the website and am hanging them in my bathroom right now.

Posted

So instead of signing a DE and a DT in 93, he bought a couple of ugly paintings. Monet was more important than Lombardi.

Posted

So instead of signing a DE and a DT in 93, he bought a couple of ugly paintings. Monet was more important than Lombardi.

 

Please tell me this wasn't your first clue! :nana:

Posted

Maybe I'm just not into art like this - but those are pretty awful paintings - Monet had talent?

Dogs playing cards more your speed? BTW, the Sisley was one of the art works stolen by the Nazis. Anyone know is RW donated any works to the Albright?
Posted

I remember when he first laid eyes on RJ, he described him as "a Monet".

 

Is this for charity? Why is his estate cashing in the paintings?

Posted (edited)

NO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! NOPE !!!!!!!!!!!!!!!!!!!!!!!!!! NOT !!!!!!!!!!!!!!!!!!!!!!!!!!!!! NADA !!!!!!!!!!!!!!!!!!!!! NAH !!!!!!!!!!!!!!!!

Edited by T master
Posted

I remember when he first laid eyes on RJ, he described him as "a Monet".

 

Is this for charity? Why is his estate cashing in the paintings?

 

We both may be reading too much into this, but I was wondering the same thing. Are the heirs now simply selling everything (including things Ralph loved) to the highest bidder?

 

I work 2 blocks from Sotheby's--maybe I'll have to stroll over for the auction and check it out....

Posted

Kind of funny that Ralph supposedly drove around in a Taurus but had $30-40m worth of artwork hanging on his walls.

 

Art appreciates in value. Cars do quite the opposite.

Posted

We both may be reading too much into this, but I was wondering the same thing. Are the heirs now simply selling everything (including things Ralph loved) to the highest bidder?

 

I work 2 blocks from Sotheby's--maybe I'll have to stroll over for the auction and check it out....

 

Exactly. If his wife can't stand them, why not just give them to Albright Knox?

 

She's about to come into nearly a billion and she's hocking the guy's treasured art?

Posted (edited)

Exactly. If his wife can't stand them, why not just give them to Albright Knox?

 

She's about to come into nearly a billion and she's hocking the guy's treasured art?

There is this legal concept called an estate. As an executor she is simply not allowed to give things away, or even sell them at below market value.

She would have to purchase them from the estate at market value, then donate them to Albright Knox or whomever she liked.

Or, if Mr. Wilson had that provision in his Will is another way for that to happen.

Edited by CodeMonkey
Posted

There is this legal concept called an estate. As an executor she is simply not allowed to give things away, or even sell them at below market value.

She would have to purchase them from the estate at market value, then donate them to Albright Knox or whomever she liked.

Or, if Mr. Wilson had that provision in his Will is another way for that to happen.

 

You assume nothing in his will was left to her personally? All of his assets/belongings are in this trust? And is she not the beneficiary of the estate? If she bought the paintings, to whom would the procedes go to, other than to herself and whoever else he designated as beneficiaries?

 

Anyway, is Ralph's wife the executor of his will/estate? That sounds like a strange situation, since she is the beneficiary of his estate without doubt. Is she both? Maybe you are confusing this with her role as an executor of the trust controlling the ownership of the Bills right now?

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