Comments on: Giacometti and the primacy of the fungible http://blogs.reuters.com/felix-salmon/2010/02/07/giacometti-and-the-primacy-of-the-fungible/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: londenio http://blogs.reuters.com/felix-salmon/2010/02/07/giacometti-and-the-primacy-of-the-fungible/comment-page-1/#comment-11873 Tue, 09 Feb 2010 16:15:43 +0000 http://blogs.reuters.com/felix-salmon/?p=2494#comment-11873 So the key here is “cultural icon”, and perhaps uniqueness is a not a detriment to the price. Think of unique pieces that are also cultural icons (e.g. Michelangelo’s David).

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By: Gaw http://blogs.reuters.com/felix-salmon/2010/02/07/giacometti-and-the-primacy-of-the-fungible/comment-page-1/#comment-11827 Mon, 08 Feb 2010 12:39:43 +0000 http://blogs.reuters.com/felix-salmon/?p=2494#comment-11827 Felix

Interesting thoughts, which I’ve extended a little here:

http://gawragbag.blogspot.com/2010/02/su per-rich-and-schoolboys.html

In short, I’ve expanded on the attractions of the fungible in artworks.

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By: LeighCaldwell http://blogs.reuters.com/felix-salmon/2010/02/07/giacometti-and-the-primacy-of-the-fungible/comment-page-1/#comment-11825 Mon, 08 Feb 2010 02:23:59 +0000 http://blogs.reuters.com/felix-salmon/?p=2494#comment-11825 I note that the story says there were around ten bidders competing for this sculpture. Would it have been in the interests of the owners of the other nine Walking Men to bid up the price of this one?

Either to increase the total resale value – after all, they now possess assets notionally worth $900 million-odd – or to provide collateral to borrow against?

Now that I think about it, does this sound anything like the London property market…?

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By: q_is_too_short http://blogs.reuters.com/felix-salmon/2010/02/07/giacometti-and-the-primacy-of-the-fungible/comment-page-1/#comment-11824 Mon, 08 Feb 2010 02:02:54 +0000 http://blogs.reuters.com/felix-salmon/?p=2494#comment-11824 for an A+, tie this in to your previous post (and interfluidity’s, and alephblog’s) about liquidity.

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