June 8, 2006

Zarqawi Portrait Sets Record Price For Photography


Wow, if there was any doubt about where the contemporary art market is going, they were dispelled this morning at Christie's Baghdad, where the US Government paid a record-setting $286 billion--plus $240 for framing--for this portrait of the dead Jordanian terrorist Abu Musab al-Zarqawi. [Note: Sale price also does not include KBR's premium of 17.5% on the first $200 billion and 10% thereafter or the 2,485 US soldiers killed as of press time.]

Congratulations, even though it's gotta suck a little bit; the Administration had been offered the portrait multiple times in 2002 at much lower cost [estimated in the low eight figures], but turned it down. Of course, at the time, the market was more intrested in Al Qaeda portraits, and Zarqawi was not connected to Al Qaeda. [thanks to matt for the pic]

scott sforza, wh producer | posted by greg at June 8, 2006 12:17 PM