$104 Million – One Painting, OR…

James Russell is having difficulty getting his head around paying $104 million for a painting. “Here’s how the Picasso auction sale fits in terms I understand: 2.6 “Boy With a Pipe” paintings will buy you one Disney Concert Hall. 1.2 will get you the Santiago Calatrava addition to the Milwaukee Art Museum. About 8 “Boys” will buy you the Museum of Modern Art’s addition/renovation by the renowned architect Yoshio Taniguchi that will open later this year. MoMA would probably only have to deaccession the Picasso once to complete their fundraising.”