{"id":20428,"date":"2015-04-21T12:12:08","date_gmt":"2015-04-21T12:12:08","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=20428"},"modified":"2024-03-21T02:10:38","modified_gmt":"2024-03-21T06:10:38","slug":"what-are-the-new-status-symbols-for-the-ultra-rich","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2015\/04\/what-are-the-new-status-symbols-for-the-ultra-rich\/","title":{"rendered":"What are the new status symbols for the ultra rich?"},"content":{"rendered":"<p>Today, buying a Picasso or Van Gogh is all about one-upmanship and status. \u00a0Many of the works being offered at ridiculous prices are not really worth it &#8230; at least in terms of their importance to the history of art or even the artist&#8217;s career.<\/p>\n<p>&nbsp;<\/p>\n<p>Next month a Picasso will be offered that is expected to make $140M &#8230; will it be a guaranteed lot? In addition, van Gogh&#8217;s\u00a0<em>L&#8217;all\u00e9e des Alyscamps<\/em> is expected to bring $40M;\u00a0it sold in 1985 for $2.4M and was last sold in 2003 for $11.7M on an estimate of $12-$18M. \u00a0As you can see, it did not even hit the low end back then. \u00a0I guess, for $40M you really are not going to get a GREAT van Gogh!!!<\/p>\n<p>&nbsp;<\/p>\n<p>On top of that, there are certain periods of art where important works are going unnoticed and selling for very little &#8230; among them\u00a0are the British Victorian, Barbizon, French Academic and Realist, Contemporary Realism, etc.<\/p>\n<p>&nbsp;<\/p>\n<p>To read the full article, which includes cars, private jets, off the charts holiday packages, click <a href=\"http:\/\/www.telegraph.co.uk\/culture\/art\/artsales\/11551843\/What-are-the-new-status-symbols-for-the-ultra-rich.html\">HERE<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 304px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"\" src=\"http:\/\/www.artnet.com\/WebServices\/picture.aspx?date=20150505&amp;catalog=371333&amp;gallery=111558&amp;lot=00018&amp;filetype=2&amp;maxwidth=640&amp;maxheight=480&amp;resize=1\" alt=\"picture\" width=\"294\" height=\"368\" \/><p class=\"wp-caption-text\">Van Gogh &#8220;L&#8217;all\u00e9e des Alyscamps&#8221;<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 305px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.telegraph.co.uk\/culture\/art\/artsales\/11551843\/What-are-the-new-status-symbols-for-the-ultra-rich.html\"><img decoding=\"async\" class=\"\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/04\/picasso_3274770b.jpg\" alt=\"picasso_3274770b\" width=\"295\" height=\"184\" \/><\/a><p class=\"wp-caption-text\">Picasso &#8220;Les Femmes d&#8217;Alger&#8221;<\/p><\/div>\n<p style=\"text-align: center;\">\n","protected":false},"excerpt":{"rendered":"<p>Today, buying a Picasso or Van Gogh is all about one-upmanship and status. \u00a0Many of the works being offered at ridiculous prices are not really worth it &#8230; at least in terms of their importance to the history of art &hellip; <a href=\"https:\/\/rehs.com\/eng\/2015\/04\/what-are-the-new-status-symbols-for-the-ultra-rich\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,88,86,11,9],"class_list":["post-20428","post","type-post","status-publish","format-standard","hentry","category-rehs-galleries","tag-auction","tag-french-impressionist","tag-post-impressionist","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Are The New Status Symbols For The Ultra Rich?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2015\/04\/what-are-the-new-status-symbols-for-the-ultra-rich\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are the new status symbols for the ultra rich?\" \/>\n<meta property=\"og:description\" content=\"Today, buying a Picasso or Van Gogh is all about one-upmanship and status. \u00a0Many of the works being offered at ridiculous prices are not really worth it &#8230; at least in terms of their importance to the history of art &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2015\/04\/what-are-the-new-status-symbols-for-the-ultra-rich\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-21T12:12:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-21T06:10:38+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.artnet.com\/WebServices\/picture.aspx?date=20150505&amp;catalog=371333&amp;gallery=111558&amp;lot=00018&amp;filetype=2&amp;maxwidth=640&amp;maxheight=480&amp;resize=1\" \/>\n<meta name=\"author\" content=\"Howard L. 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