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Old October 28, 2021, 01:14 AM
Dien Rice Dien Rice is online now
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Join Date: Aug 2006
Posts: 2,976
Default Weird way to make $250,000 from Andy Warhol...

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
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