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$100 vs. $100,000: Can you tell the difference?

posted by Naysawn Naderi | filed under The Art World is Ridiculous |

100,000-vs-100-headline-image

Art Sumo is founded on the principle that original art doesn't need to be exorbitantly costly; exquisite artwork can be found practically priced if you know where to look. In the next series of blog posts, I will be presenting a few revealing comparisons to illustrate this theory with concrete examples.

In this blog post, I profile seven side-by-side comparisons of similar pieces, where one work sold for $100,000 or more and the other currently sells online for $100. For each comparison, click the painting you believe is the priciest, and after you do, post your results to Facebook + challenge others to do the same. While I doubt you'll be able to consistently pick which one is more expensive, I highly encourage you to give it a try!

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They Paid What?! Top 10 Absurd Paintings that Sold for Millions

posted by Naysawn Naderi | filed under The Art World is Ridiculous |

Let's go ahead and conduct a test. I'll buy a handful of paintings from the cheapest spots in town - either a run-of-the-mill flea market, someone's garage sale, or even my 3 year old nephew's preschool classroom - give them a bravado title and extraordinary story, and then sell them in one of the famous auction houses of the world. My guess? With the right mis-attribution, these works could sell for at least $100,000.

Don't just take my word for it! The following are 10 examples of paintings that would be considered junk if they were sold at an ordinary garage sale, but because of their extravagant history, descriptions and estimated value, were sold for millions to the highest bidder:

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10 of Our Favorite Social Enterprises

posted by Tiana Reid | filed under Personal |

Hello everyone - there has been a lot of buzz going on about social businesses as of late. What are they? How are they different from regular businesses and why is everyone jumping on the social business bandwagon? To fill us in, I asked Tiana Reid, community manager at socialbusiness.org, to explain their ins and outs and point our her favorite ones for us below.

Social Enterprises seem to be all the range in the circles in which I operate. That said if you ask 5 social entrepreneurs on what constitutes a social enterprise you often get five different responses. I personally would define a social enterprise as a business that actively decides not to maximize profits at the expense of social or environmental costs. Rather a social enterprise will seek to maximize profit, while producing as much social impact as possible.

Although the label of social enterprises is new, organizations producing both social betterment which are cash flow positive have existed for decades. I believe that the greed demonstrated in recent financial crash energized the world to create the term social enterprise to provide all with an impetus to create something new and socially productive.

To demonstrate some of the best examples of those businesses which are both producing financial and social output, I've listed in no particular order, 10 of my favorite social enterprises. As we're posting this on the Art Sumo blog, I thought it would be best to focus on companies that don't focus on International Art or World Paintings.

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About us

Hello. I'm Naysawn, founder of Art Sumo. Art Sumo makes it easier to learn about other cultures and get art in far to reach places. These are some of our thoughts on the art world.