The One That Got Away
Share with me your stories about the ones that got away. Do you have a story about an artwork that you were about to acquire and didn't go through with it? An art collecting opportunity that you missed out on? Here is my story...
In 1999 Sotheby's began an online portal for the purchase of artwork. There were some beautiful works of art available by top tier artists. I had my eye on an incredible Larry Poons large vertical drip painting. I ended up purchasing the artwork for $4000. Since the online portal was a relatively new thing for Sotheby's, the experience did not go smoothly. Communication was terrible, and worst of all, it had been 3 months, and they could not find the artwork in their warehouse. They eventually located the artwork, and then it was going to be another few months before they said it would be shipped to me. My frustration grew to a point that I decided to cancel the purchase. Had I just been patient, I would have a beautiful painting valued at well over $50,000+ today. My wife always tell me that the value today doesn't make a difference, because I would never have sold it!