See what's reflecting what at James' Weekend Reflections.
July 3, 2010
Art and money
I've noticed that some of the most extensive art collections in the Philippines, both paintings and sculptures, are owned by banks. One of these days, I have to find out whether the bank buys them as investment pieces or if they're accepted in lieu of cash when an artist or collector defaults on a loan. I didn't get the name of this sculpture or its artist, but I saw it in the lounge of Banco de Oro's head office when our university hosted an event for alumni employed by the bank.
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21 comments:
That is a beautiful sculpture. It would be interesting to know how they aquired it.
I second what Sharon said!
if i was there ill definitely hold it. it looks brittle yet with a solid color.
A beatiful sculpture. Very artistic.
I have an award for you. This is my link
Golden glitz and glamour at the Banco de Oro! BTW, I liked your fun theme day reflective photo!
Beautiful sculpture!
Payment for debt - wonderful thought. Somehow I don't think the bank will barter. :)
hmmm....
Interesting question about how the banks acquire their art. In the U.S., the banks often commission works.
A gorgeous sculpture! Lots of energy and drama in it!
It is beautiful my friend. I love it. It isn't a loaner...you know the exhibit traveling around to different places? Whatever it is excellent photo my friend :) Have a good weekend :)
Beautiful work of art.
Happy weekend reflections.
xo
i like artworks. :) it's always good to invest in those.
May be it is a loan just to expose them. here in New Zealand, a lot of the cafes and restaurants let Artists displace their work.
The statue is very impressive..Good idea to share art by exhibitions in unusual places.
Have a nice week-end!
Wow, it's beautiful! Great post.
glad that my quote made you smile;-) thanks for the visit! I like the pic of this sculpture a lot- it´s great-happy weekend
I wonder what he's pointing at? Maybe where the secret safe is hidden, hehe.
How interesting that the banks can afford art! Hmmm. Maybe I better not think about this too much. :)
Surely an entry with much food for thought - beautiful art indeed. May life and time continue to treat all around kind. A great Sunday for you.
daily athens
In the U.S. the banks would have bought this stuff with their bailout monies, after, of course, they paid themselves billions of dollars in bonuses.
That's a great looking sculpture. I rarely see banks like this anymore most just have the plain basics.
This is a beautiful sculpture. I like the light reflecting off the surfaces.
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