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Buy Art, Not Real Estate!

posted by the dood

Andy Warhol’s Michael Jackson portrait painted in 1984 fetched “millions” today at auction. The painting was recently purchased only in May for $278,500, and sold for an undisclosed amount. The estimated selling price was $10 Million.

mj-warhol

This represents a hell of a return on investment. Heck, makes you wonder if the original buyer had anything to do with Michael Jackson’s death… would make a good murder mystery plot, anyway.

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This entry was posted on Wednesday, August 19th, 2009 at 1:14 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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