Wednesday 27 October 2021

Hunter and Art

 I noticed there's a second 'art-show' for Hunter Biden being arranged....Soho, NY.  

The first show?  Well....he had five paintings up for show, and sold them....roughly $75,000 each.  The exhibit management folks will take some money off of this (figure $5k minimum).  So he walked away with around $350k.

For those who didn't know....there's a tax credit (federal) out there for artists.  You can deduct 20-percent of your net income from the 'business'.  You can also count various expenses (like the shows) as a credit.  

The Soho event?  Well....the hint is that very few of Hunter's works will be shown.  I'd just take a guess.....it won't be more than five (like the California exhibit).  Another odd thing....it's highly private.  The guys in charge already hint that you'd apply to get in and there would be a review of who you are, and the 'status' you have.

In the real art world (not that I really have that much interest)....most hobby artists will tell you they might work on two to four pieces per year.....meaning they put an enormous amount of effort into this, and don't paint daily.

The Van Gogh tradition?  At the point where he entered the mental facility (for the breakdown).....he'd done roughly 130 paintings in one single year.  After the mental facility.....he reached around one painting per day.  There in 1890....at the peak of production.....he committed suicide.  

Doing the rough math, I'd take a guess that he's producing around one painting every three to four weeks.  Profit-wise?  Again, if you estimate on production and $75,000 being the norm.....Hunter ought to be able to make near one-million dollars per year (before taxes).  This to continue after Joe's four years?  That's the real question.  

No comments: