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"Beijing Red No.1," which sold for 3.68 million, is being auctioned again because Wang Zhongjun is short on cash, and no one wants it even at 300k! It also reminds me of that rock dubbed "Master Ma Yun," once valued at 1 billion.
A large expanse of red, with a patch of black at the bottom, and a few random streaks scraped with a palette knife—an ordinary person could replicate it exactly in half a day.
Back then, relying on Wang Zhongjun's reputation, it was forced to sell for millions. Various critics even seriously interpreted the "Zhongnanhai red wall" imagery and urban emotions—now looking back, it's all forced imagination.
Even more of a "stupidity tax" is that ordinary rock forcibly named "Master Ma Yun," which was estimated by experts at 1 billion and still hasn't sold, an unsuccessful attempt to cash in on Ma Yun.
The painting itself has no original style, no artistic core; what it sells is not paint and brushstrokes, but the status and face of a capital tycoon from the entertainment industry back then.
When the wind is blowing, any random doodle can be packaged as a contemporary masterpiece; once the trend passes, when it's re-auctioned, the estimate is just a fraction and it fails to sell outright—the bubble bursts with a single poke.
True abstract art lies in concept and innovation. This kind of "celebrity hobby painting" that rides on form and capitalizes on fame is, plainly speaking, the art world's version of The Emperor's New Clothes.
Do you think these outrageously priced scribbles are valuable for their art or for the name behind them? $SOL
{spot}(SOLUSDT)