Weird way to make $250,000 from Andy Warhol...

[GordonJ]

Deadwood, the city. The TV show and the movie. All celebrated a colorful town in a unique moment of American history. No man's land whites would say, sacred ground to American natives.

Anyhow, in the show, Seth Bullock, one of the real life legends of Deadwood, keeps rousting a character in town selling SOAP with a prize inside.

Pretty much a 2,000 year old scam. But this take you tell us about, and with the rise of NFT's, those non fungible tokens, maybe one can do something legit.

The point of the mschf crowd, to make art accessible, is one of debate.

But I see some possiblilties, so thanks Dien for sharing this find.

Now, I've ordered 100 boxes of popcorn from a local vendor, going to put a sealed penny in each one. One of those is worth 500 bux. You can have a shot of it for only 9.00 plus shipping, and even if you only get an ordinary penny, you still have some delicious popcorn to eat while watching Deadwood on TV.

Gordon

Originally Posted by Dien Rice

There's an Andy Warhol sketch called "Fairies" which sold in 2016 for $8,125.

Apparently, it's now valued at $20,000. Cool, that's a potential profit of $11,875 !



But... an art collective has taken the sketch, and made 999 forged copies...

The forgeries are made by machine, on artificially aged paper to match the original sketch...

Then, they are selling the original, and the 999 forgeries, for $250 each...

The original will be randomly mixed in. So, out of the 1,000 buyers, 999 will get a forgery, and one lucky random buyer will get the original...

When you do the math - that means they're going to take in not $20,000 - but $250,000 ...

What a scheme!

Apparently, all 1,000 have sold out...

1,000 Andy Warhol sketches will be sold for $250 each. The catch? 999 are forgeries.
https://www.usatoday.com/story/news/...al/8542832002/

Group 'Destroys' $20K Warhol Sketch by Hiding It Amid Fakes
https://www.newser.com/story/312626/...s-a-catch.html

Best wishes,

Dien