A 345 year old cello - originally constructed in 1669 - and has survived, not stored in a museum but for the last three years in the possession of renowned Canadian Cellist Arnold Choi - a dream com true for him. The Stradivarius is quoted as been valued at $11MM.
A 1962 Ferrari GTO is an iconic machine to all Tifosi and automotive enthusiasts across the globe. With very few original examples ever built, their sales are closely followed. Recent sales have been rumored to have topped $50MM. This particular example has been in the same ownership in Italy for almost 50yrs, and sold at Bonham's Quail Lodge Auction on Thursday, August 14th for $38MM.
These circumstances bring forward an interesting comparison. From a value perspective, they are both considered (mostly) irreplaceable. I feel that replacing 345yr old wood is almost impossible, isn't it? The materials and engineering are in place to re-create the original car if it was ever damaged. Re-creation GTO's generally have sold for a significant discount. So in terms of ease of replacement and rareness, would it not seem logical for the price of the cello to be significantly more than the Ferrari. They are equally cherished by their admirers, fans and those that are fortunate enough to interact directly. Their advocates would each debate their superiority to extremes. It highlights that the 'relative' value for art is what the next person will pay for it.
Thursday, August 14, 2014
Wednesday, August 13, 2014
Published on 8 Aug 2014
Shell's Shelburne Basin Venture Exploration Project marks the first time 3D Wide Azimuth (WAZ) Seismic technology was used in Canada. This technology provides much clearer data in water depths of 1500 to 3500 metres, 250 to 350 kilometres offshore Nova Scotia. Shell used this new technology in an environmentally responsible way and is committed to offering employment opportunities to the local communities in Nova Scotia.
I (and the family) generated many uncontrollable laughter and memorable moments with Robin Williams. From my early days watching Mork and Mindy, to the movies and standup comedy. At the Met. Mrs. Doubtfire. Good Morning Vietnam. Most memorable and cherished experiences. Live on robin - you are a special soul.
Tuesday, August 12, 2014
Sunday, August 10, 2014
VICE has an unprecedented look at the establishment of the Islamic State - a five Part series. I find the 'life' depicted in this series to be very unsettling. The images of the teaching and coaching of very young children in acts of violence against humanity is reprehensible. I understand that this is a very different culture, that their perspective is very different from a western perspective, and I should not expect to understand it. However, I cannot accept the principles of this culture, a passionate hate culture. I cannot see this leading to good things.