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To: nickcarraway

“Winfrey purchased the work at Christie’s on Nov. 8, 2006, for $87.9 million, an auction record for a work by Klimt that still stands, giving Winfrey a $62.1 million profit on the sale. It’s likely that this was the biggest private sale of a single artwork in 2016.”

That was a great investment by Winfrey.


4 posted on 02/09/2017 11:13:42 PM PST by Timpanagos1
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To: Timpanagos1

Not bad, but there were probably expenses such as insurance and brokerage fees.

I bet she did get a tax deduction for loaning it to the museum, though.


6 posted on 02/09/2017 11:20:29 PM PST by Moonman62 (Make America Great Again!)
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To: Timpanagos1

This is pretty impressive. It always seems to me that people are insane to put that kind of money into one physical object, and maybe some people who do this are being careless. But she managed to pull it off.


10 posted on 02/10/2017 12:02:18 AM PST by wideminded
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To: Timpanagos1
Wonder what the buyer and seller fees where?

“I’ve Got a Buddy Who’s an Expert. Let me call him”

I'll give you, $600.00


11 posted on 02/10/2017 12:04:58 AM PST by Daffynition ("The New PTSD: Post-Trump Stress Disorder" - The MLN didn't make Trump, so they can't break Trump.)
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