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Uploaded on Oct 7, 2010

This is part one of a one hour slide presentation I made in Laguna Beach for American Artist's "Weekend With the Masters" event. It deals with the issues as I see them between traditional and "modern" art.

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I wanted to note one major error in my narration of the video. I incorrectly state that Damien Hirsh's shark sold for
300 million dollars and his next piece for 500 million. The correct figures are 8 million dollars for the shark and 100 million for his
subsequent work of a skull encrusted in diamonds (which was sold to a consortium of "investors," of which the artist himself
was one -- a rather strange way of giving a discount on art without having to say you sold it for less.)
In any case, I apologize for the error. I was bound to make a few, though I don't think it changes my essential point of the fact that
modern art has become more about investment these days than art.
Thanks to Paul Messerschmit for the fact check.
That's the great thing about the internet -- continuously improving what you know by having so many people correct what you thought you knew!


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