Bidding Battle in Hong Kong for Claude Monet's Masterpiece

Рет қаралды 205,701

Ай бұрын

The bidding for Claude Monet's 'Route de Monte-Carlo' quickly surpassed the low estimate in the Modern & Contemporary Evening Auction at Sotheby's Hong Kong. Monet's masterpiece from his prolific period in the French Riviera ultimately sold for $61,489,000 HKD / $7,850,880 USD after fees.
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Пікірлер: 215

@shadowfilm7980 Ай бұрын

I was yelling out $60 million! No one heard me! 😂

@jamesrawlins735 Ай бұрын

Hey you have another chance. Next month Christie's is selling another Monet - Moulin de Limetz - that is expected to bring up to $25 million USD (195 million HKD)

@War_mania Ай бұрын

1st of all return my 82 million which you took last week

@blablabroz9772 Ай бұрын

😂😂😂😂

@cheezchris Ай бұрын

HAHAHAHAhAHA

@Sun1111Shine Ай бұрын

Plot twist: They are talking to each other.

@samlyons3552 Ай бұрын

That painting will probably stay in storage and just trade owners

@AlanSmith88888 Ай бұрын

You actually thought they are spending ridiculous amounts of money for the love of art? Like any asset, they are betting on it appreciating in value over time.

@bauch16 Ай бұрын

It's because of taxes

@TheWayToGameHD Ай бұрын

Tax right off

@korencek Ай бұрын

this is for money laundering purposes.

@Snyder9e 25 күн бұрын

@@TheWayToGameHD write

@Nikki-4-President Ай бұрын

I'm more impressed with the way Monet used the blue in this piece.

@zenwong2769 Ай бұрын

I’m more impressed with Sotheby’s blue screen

@Crusader47 Ай бұрын

@@zenwong2769 cringe comment

@Crusader47 Ай бұрын

@@zenwong2769 just because u cant respect a skill doesn't mean u should mock it

@nathanmartinez2630 Ай бұрын

amazing comment. love it haha.

@petsRawesome1 Ай бұрын

I never understand why the bidding takes so long at these auctions. Are the people on the other end of the line frantically searching between the cusions on their couch for another half million or something?

@shadowfilm7980 Ай бұрын

Was thinking the same thing. Are they cupping the phone while asking their wives “is it ok dear?”

@AllenHanPR Ай бұрын

It's because of the real buyers with money is trying to figure out how much they are willing to spend to launder or invest, Classic art is essentially a very high price property that gives returns a lot sooner. They need to figure out with their accountant whether it worth it. Cause sometimes you buy something at $51 million it turns into $72 million within a year, some might have that kind of money to want to spend on one art piece.

@rantsofedub Ай бұрын

Maybe it's mind games.

@Yorkiepoocharlie Ай бұрын

@pets…when you bid for the next 44M Monet you can bid quicker.

@dankhaw2960 Ай бұрын

Just FYI, some of these bidders are museum committees, investment funds mgmt, no just individuals.

@AliasHSW Ай бұрын

Honey: what’s in the shopping bag? Uhhhh, nothing, just a poster that I got from the mall. How much was it??

@lutforlut8389 Ай бұрын

And this is the value of your shopping bag copyright

@therealjimbo3206 24 күн бұрын

L joke

@kleinbogen Ай бұрын

To be honest, US $7.8 million for a Monet painting is actually cheap.

@truly206 25 күн бұрын

It is cheap. The owner can put it on an exchange and make billions in revenue for the brokers of those exchanges---all while the art might be sitting in some billionaire's home already.

@garym2604 Ай бұрын

$51 mil Hong Kong dollars is a $6.5 mil US dollars.

@reneerobert5680 Ай бұрын

It's 5q mil US Dollars

@aname6206 28 күн бұрын

@@Ejadopatra Nope they use Hong Kong dollars this is literally in the description of the video. "sold for $61,489,000 HKD / $7,850,880 USD after fees."

@Gibbon_dog 27 күн бұрын

@@Ejadopatra in the description they do clarify its Hong Kong dolars

@mourneswanderer1767 Ай бұрын

I thought it was selling for 51 million USD. Still a seriously huge amount of money though. I will stick to my 'Sunflowers' musuem replica. (looks awesome by the way)

@bonwatcher Ай бұрын

That one bidder going up by a half-million at a time was a bit irritating seemingly trying to get it on the cheap. He finally caught the clue the other bidder was going to top him off at the next million no matter what.

@liamwilder4669 Ай бұрын

Yeah only half a million at a time what a poor scumbag!

@Xela07727 Ай бұрын

Uh..that’s actually how most bid in auctions. Are you new to this? Is it your first time watching?

@leannaerickson9745 10 күн бұрын

@@Xela07727 Just learning. Appreciate the tip. Thanks.

@angelchen5480 Ай бұрын

好奇Alex做這份工作多久了？我有看過他十幾年前的影片🤣🤣🤣

@NothingElseMatter13 Ай бұрын

that $51 million after a few years price will go up and will be "donated" to a museum. viola a $100 million tax write-off.

@RVdw-ph9uc Ай бұрын

Ohhh.. you are right, so that’s why. Rich people tax evasion 101.. 🤣

@rexibhazoboa7097 26 күн бұрын

@@RVdw-ph9ucit’s tax avoidance not evasion. You would be smart to participate in tax avoidance, especially when you have a lot more to loose.

@EingefrorenesEisen 22 күн бұрын

Hate to break it to you buddy, but being born into money and climbing over everyone and breaking laws and finding loopholes so you benefit while society suffers isn't being "smart", it's both selfish AND stupid.

@unknownunknown5244 19 күн бұрын

Can you please explain how they can avoid tax by purchasing an expensive art piece and donating it afterwards?

@rexibhazoboa7097 19 күн бұрын

@@unknownunknown5244 They buy an expensive piece of art. They donate this piece of art to a charitable organization. Due to their donation, the government can give them a tax write off, this write off is usually much more valuable than the price of the art so it’s a profit. I guess. Take what I say with many grains of salt.

@batmancollects4491 20 күн бұрын

7.8M USD only? thats a steal

@jara8653 Ай бұрын

Beautiful Masterpiece.

@guldenaydin9918 Ай бұрын

💐

@Arizona9001 Ай бұрын

How

@kkakdugiman Ай бұрын

When I was watching this video and someone asking price of $40 million, I gasped to myself, "What on earth would they bid for that picture painting??" Towards the end of the video, I accidently shouted, "$52 dollars!" When it was sold for $51 million dollars, I went dumb saying, "Doh!" I guess I didn't pay attention to the details, hahahaha!!

@jamesrawlins735 Ай бұрын

It actually sold for $7 million US dollars - the auction was in Hong Kong so the 51 million is in HKD. Next month Christie's is auctioning another Monet that is expected to bring up to $25 million USD (just over 195 million HKD). Of course the record for a Monet is $110 million USD.

@kkakdugiman Ай бұрын

@@jamesrawlins735 Thanks for letting me know that it was in Hong Kong dollars. Whew! I never thought it would be too high to enjoy it.

@guldenaydin9918 Ай бұрын

The beauty of the tree...

@jamespasco132 24 күн бұрын

Is it banned to use headsets here?

@jozzieification 22 күн бұрын

The guy on the other end of the phone at the end of the auction: “wait, what did I just buy again?”

@codylim1 Ай бұрын

Finished watching 4:43

@Amtcboy 19 күн бұрын

And Monet doesn’t get anything from this. He doesn’t even know people are fighting over it.

@alaakela Ай бұрын

Did it go into a private collection never to be seen again? I hope at least they packed it away safety in a vault....

@Scoliosisguide Ай бұрын

evryone working at sotheby's is looking better and smarter than most polititians. they should run countrys

@isaacmak1234 Ай бұрын

The smartest thing they did is not entering government or involved in politics

@awesomecoolepicawesome Ай бұрын

This is a beautiful piece, honestly think it’s worth more.

@lindamon5101 Ай бұрын

Was it live? I missed it wa

@jasminespencer3992 Ай бұрын

#39 beef and broccoli.

@KennethJohnAndaya Ай бұрын

@@jasminespencer3992 hilarious 🤣

@thetractorlegacy7477 Ай бұрын

Oh i missed out,i had a spare 2 billlion lying around in the shed😂

@mely1022 25 күн бұрын

i wonder.. how does one apply to participate in this?? are there any requirements apart from being filthy rich?

@epicn 24 күн бұрын

Work for a museum or private collection

@eddywiyana5524 15 күн бұрын

As a first time bidder on “premium” lots you need a reference from their existing premium clients. But for cheap stuff estimated under HKD 5mio you just need your passport, bank reference, credit card, valid address w utilities bills (for new bidders). Once you have a Sothebys client ID, basically you can bid at any venue anytime by phone bid, absentee bid, online bid, or bidding through a 3rd party platform

@motivatedt9926 Ай бұрын

Wish I was the rich person on the other end of those phones

@Scoliosisguide Ай бұрын

me 2

@joaosampaio4039 Ай бұрын

Rich in money?

@rexibhazoboa7097 26 күн бұрын

@@joaosampaio4039well no shit

@UhmActually. 23 күн бұрын

@@joaosampaio4039No shit bro

@andresr5512 Ай бұрын

Le opere d'arte fanno parte del patrimonio dell'umanità, pertanto dovrebbero essere esposte nei musei pubblici (Pagando il biglietto ovviamente). Francamente, non capisco cosa se ne possa fare un privato che, una volta acquistata è costretto a metterla in un caveau ed aspettare che il valore aumenti, non ha senso.

@GEMSDIGANDCOLECTORINDO99 Ай бұрын

As poor man i just enjoying this show 😂😂😂

@alksjda Ай бұрын

People on the phone are pretending to talk to someone.

@JOSEPHCHARLESCOLIN2024 21 күн бұрын

masterpiece

@user-ov4mk9ox8y Ай бұрын

Give me the "Monet". For that amount you can buy a chateau in this area of France with THAT view.......except it's REAL!!!

@trooper1972 Ай бұрын

I’m sure Steve Cohen bought it .

@cheezchris Ай бұрын

I think we should sue our school system not teaching us how to be around these people.

@younesmdarhrialaoui643 28 күн бұрын

spending millions on a piece of paper but can't afford an iPhone that's crazy

@InfoHubZA Ай бұрын

When it's big money these auctioneers speak slowly.

@sutats 27 күн бұрын

Phone's not plugged in.

@gglee7055 Ай бұрын

Pause between bits were too long…

@mikeymike1854 Ай бұрын

These paintings are bought for investments like properties ,owners dint give a damn about the paintings

@tysonliu2833 25 күн бұрын

it takes an average American 7 or even 10 years of after tax salary, just to up the bid once at a amount so small in this context thats almost laughable, which is 500k btw

@keannof.9770 23 күн бұрын

Let me have that 50.5 Million Wendy, I volunteer!!!

@davidb9059 Ай бұрын

Who won ?

@rado3880 Ай бұрын

Rothschild

@Rixynator Ай бұрын

Putin

@gmalda Ай бұрын

Could you imagine the reps misunderstanding their customer because the of language barrier!? Lol “I said: $500,000.00, not $50,000,000.00!”

@toddlevin Ай бұрын

Each of the client representatives speaks fluently to the bidder, in the bidders native language.

@gmalda Ай бұрын

@@toddlevin its just a joke, Todd…. I realize there would be excellent communication, especially when you are dealing with millions of dollars lol

@jasonwilson7921 19 күн бұрын

i could paint that

@nathanielalgernon975 Ай бұрын

52 million! Please, someone take my bid. Wow, what a tug of war of the super rich, between what seemed like Asia vs Europe.

@jamesrawlins735 Ай бұрын

That's actually 7 million USD - the 52 million is in Hong Kong Dollars (HKD).

@disappearintothesea 15 күн бұрын

How do I get a job were I spend other people's millions? lol

@yukiende5328 25 күн бұрын

The best place for laundering something 😏

@ryansjl 27 күн бұрын

Art piece is all for money laundry?

@Chonko_O 22 күн бұрын

Guess you could say the owner has a lot of monet

@truly206 25 күн бұрын

That piece will trade and make the owner billions on the art exchanges

@ryanmugumisi2216 26 күн бұрын

Swear one of them is talking to their mom

@Madcat0 20 күн бұрын

ONE JILLION DOLLARS! ☝️

@adonistopofmen2571 Ай бұрын

Cool ...

@jeffwhite3435 Ай бұрын

Fools playing with fools. Brilliant !

@tausifjahangir Ай бұрын

I took a screenshot for free. Who paid so much.

@noahj9602 27 күн бұрын

Is that Max Fucking Fosh

@AtelierFleur Ай бұрын

what are they doing in the midst of war?

@dfreeman32 Ай бұрын

Well done Alex? For raising his hand when told?!

@ivy5935 Ай бұрын

Rich people really don’t know what to do with their life lol

@mangagear5 Ай бұрын

Nice thumbnail, very inspiring, a great ideology, nice,

@justsamurai6984 Ай бұрын

"Can we do an extra million? :)"

@lesamisdelacuisineprovenca9534 15 күн бұрын

Claude Monet would be a billionaire now.....

@TrickyPasta 26 күн бұрын

2024 and landlines are still used

@vervor Ай бұрын

All those dudes making like 20k for sitting on the phone.

@user-pk9fm4zh1g Ай бұрын

28$….29$….33$….36$….39$..,,42$….45$…57$….60$….. sold. !!!

@minime6814 Ай бұрын

This is what happens, when people have a lot of money and don't know what to do with it

@RVdw-ph9uc Ай бұрын

I really cant understand art and on why they are so freaking expensive 😅

@xlpha888 Ай бұрын

Rich people need something to spend their money on

@quertyreal 28 күн бұрын

So like, I'm just a man that win lottery, if i bought one of those means that i can sell it in the future because it's valuable right? And it's artworks, art are legal stuff. And i got one of my people in the auction house, to create invoices show that i using my money because i win lottery, but in reality I'm a mastermind underground drug dealer and i need clean moneyy 🥶🥶

@Arizona9001 Ай бұрын

Ehhhhh how is that thing worth more than $50

@DougiePlaysSoccer Ай бұрын

The stability of the world’s economy placed in bids over some paint on canvas.

@margo3367 Ай бұрын

And it wasn’t even one of Monet’s iconic works, like his garden paintings.

@bolewts58 Ай бұрын

@@margo3367 What do you mean his "garden" paintings? Do you mean his Waterlily series? Clearly you know nothing about art. This is a wonderful painting that shows Monet's early move towards abstraction.

@darwinwins Ай бұрын

@@margo3367 most works that are in private hands aren't I comic pieces you see in museums because those are pieces were donated years and years ago. The artworks in auction now are priced high because of the scarcity of art that are in private hands. Once art enters the public domain, they rarely go back into private hands again.

@atomicinv2 Ай бұрын

Cost of living crisis

@HankHillspimphand Ай бұрын

who can wash dirty money the quickest FIGHT!

@imelnol Ай бұрын

How much for red iPhone girl

@kamalaroyale790 28 күн бұрын

I am the first to admit that I am incredibly ignorant and a little stup*d on art auctions or art / paintings in general. I am also clearly not artistic since I don’t appreciate how this painting can fetch at that exorbitant price tag. LOL. 😂 I don’t even know why YT recommended this video. It makes me much poorer than I’m already am. 😢

@evilydal 27 күн бұрын

Then the painting was fake

@Bramjan-dn3oc Ай бұрын

why wasnt it owned by public. considering it is from the past and very valuable. why it is owned by one person.

@lalitsingh4124 27 күн бұрын

51 million for this s**t

@diazepamkit Ай бұрын

from the start i know that guy will won the bid, he's using his own phone to make call. also 2:53 the girl in the middle remind me of my ex! wtf

@grahambartal4556 26 күн бұрын

No painting is worth 50 million

@tim9s Ай бұрын

A little over 6 million US dollars

@nathanielalgernon975 Ай бұрын

$7,850,880 USD after fees.

@Zelmung Ай бұрын

All Sotheby’s auctions are in USD, so it’s USD $51M

@jamesrawlins735 Ай бұрын

Next month Christie's is auctioning another Monet that is expected to bring in up to $25 million USD (195 million HKD).

@arthurjackson32 Ай бұрын

Wow

@futurotenente007 27 күн бұрын

You are wrong, look at the video description @@Zelmung

@edmonddantes1210 Ай бұрын

200 million dollars ... 🎉😎💰💵💵💵💵💵💵💵

@laurelleaf4740 Ай бұрын

Would you like a plastic bag

@oscarkwan5661 17 күн бұрын

Who are they calling? Their sugar daddies?

@akhrormuminov7180 Ай бұрын

Imagine it is fake😂

@phil8750 Ай бұрын

My son just painted a similar picture. I think we can start at 5 Million? Who wants it?

@Mark-vf8op Ай бұрын

And then it go bansky

@nisemono1625 25 күн бұрын

Nice way to launder money

@rickytango4057 Ай бұрын

can you actually show the painting and not the bid collectors

@stevenlaput9496 Ай бұрын

the first 24 seconds shows the painting……

@impsire Ай бұрын

@@stevenlaput9496 footage would arguably be better interspersed with it.

@roaldhanewald 25 күн бұрын

Predatory auctioning

@HallidayASR 29 күн бұрын

La gente rica ya ni sabe en qué gastar su dinero 😂

@chillmusic5044 Ай бұрын

i dont know..... if i was a millionaire i would bet in round digits. whats with the half a million addition. listen lady, if you are a billionaire in the other side of the line 'go big or go home'. say, 35, 40, 50, 70 bid sequence. again, im not a millionaire so dont really follow my advise youtube readers.

@jamesrawlins735 Ай бұрын

500,000 increment is in Hong Kong Dollars - thats about $63,000 in US Dollars.

@michaelwojcieszek6902 Ай бұрын

LOL

@exercisebook4154 Ай бұрын

The painting wasn't that good.

@FMDIMH Ай бұрын

OMG!!!

@moonlightfitz Ай бұрын

huh

@vervor Ай бұрын

I'm gonna say this piece is worth about $3000 actually. Not even one of his best. There's probably 10 painters within 500 miles of you that can paint that and do work at the same level.