@torunnsaid Speaking of investments, such as art, how about this:
"Bottle of wine sells for a record $558,000. A 73-year-old bottle of French Burgundy became the most expensive bottle of wine ever sold at auction, fetching $558,000. The bottle of 1945 Romanee-Conti sold at Sotheby for more than 17 times its original estimate of $32,000.
(15 okt. 2018)"
Princess Diana wore a blue velvet dress when she danced with John Travolta in the White House in November 1985. The occasion was a ball, arranged by Ronald and Nancy Reagan.
But on a recent auction it didn't get any offers close to the expected 250,000 to 350,000 pounds.
Previously, it was auctioned and sold for 200,000 pounds, just two months before Diana's death in a car accident in Paris.
I read, in today's paper, that the person who bought Olivia Newton-John's leather jacket, she wore in the film Grease, has given it to her "cancer hospital".
@great-big-steessaid I read, in today's paper, that the person who bought Olivia Newton-John's leather jacket, she wore in the film Grease, has given it to her "cancer hospital".
Probably not to be worn there but auctioned off,
so the Donator and the eventual new propritor have made an Investment About thir Image in the world.. a win (Prestige, Donator) win (Money, Cancer Hospital) win (Prestige, eventual new proprietor)
Something is worth as much as the most willing buyer will give...
@wolfgang59said Such bottles of wine are either actually drunk or kept as investment.
Sometimes the tastings are disappointing and will obviously affect
the value of other bottles from the same vintage.
Ok, it just never made any sense to be to buy a bottle of wine that couldn't be drank.
Just for people with a lot of money who do it just because they can. Money to burn as they say!