Bargain hunter scores 700-year-old document
apnews.com
apnews.com
Everything's for sale. :(
Suppose you've got a book with 200 pages and you can sell each page for $10k or the whole book for $1M. You get twice as much by selling individual pages and you are (hypothetically) a soulless money-grubbing philistine, so you slice it up and sell all the pages.
Has anything been gained, other than extra money for you? Yes! 200 people now have a beautiful historic artefact that they value having enough to want to pay $10k for it. In the scenario where you don't play Lizzie Borden on the book, one person has the whole thing. But evidently the satisfaction they get from having it isn't 200x the satisfaction those 200 people each get, because if it were they'd have been willing to pay you $2M instead of $1M.
Of course the paragraph above is the naive optimistic version. The cynical pessimistic version says that no one in the story actually cares about history or calligraphy or art or what have you, they just hope that in a few years someone else will be willing to pay more for the artefact they've got.
(Maybe the very fact that the individual pages are worth more than the book composed of them is an argument against the cynical pessimistic version: if all that's going on here is a lot of soulless money-grubbing philistines trying to maximize their profits, then the price of the book should be at least the price of all its pages, because someone who owns the book always has the option of slicing it up, so apparently something else is going on here. But I fear a sufficient explanation is that everyone is a soulless money-grubbing philistine and the market isn't functioning efficiently.)
[EDITED to add: Another bit of evidence that the relevant market, in this particular case and in the present day, isn't entirely composed of soulless money-grabbing philistine speculators: the story tells us that the person who bought it is not interested in selling it for $10k, because he loves having it, because it's beautiful and historic. Of course this doesn't tell us anything about whether when the book was sliced up for profit the market was entirely composed of s.m-g.p.s; maybe it was.]
If there were somewhere a museum large enough to contain it in one piece, that would actually have been pretty cool. Leaving it in one piece gumming up central Berlin, not so much. And of course there's some nice symbolism in the fact that it's all in bits.
[1] https://en.wikipedia.org/wiki/Badaling_Expressway [2] https://en.wikipedia.org/wiki/East_Side_Gallery
As far as adding value, why not turn valuable works into NFTs by destroying them? https://culturacolectiva.com/art/frida-kahlo-artwork-burned-...
All things have tradeoffs. It is a tragedy to some degree that the missal was deconstructed. However, the counterfactual is not known--held in one piece, it might have all been destroyed in fire, or lost forever. As it stands, it was distributed, shared and appreciated by many.
It’s a treasure both because of its age and condition, which is far better than the other page in the Colby collection, said Megan Cook, Sideri’s former professor, who teaches medieval literature at Colby.
The parchment is worth upward of $10,000, according to Davis. But Sideri said he has no intention of selling it. ... “This is something at the end of the day that I know is cool,” he said. “I didn’t buy this expecting to sell it.”
Ah, he's already positioning with "No lowballers, I know what I've got."
In the article
> A bargain hunter who went to an estate sale in Maine
> An expert on manuscripts said the document, first reported by the Maine Monitor, could be worth as much as $10,000.
Anyway so I'm talking to him, and he shows me some big huge format documents, like 30 inches by 40 inches, inches not centimeters, and I look, holy shit, somebody forgot to use the incinerator, military intelligence on the street. Literally on the street, laying there on the concrete, getting dirty, maps made in England with analog mapmaking, Crown Copyright from the 70's and 80's, of the coastline of Argentina, complete with information of reefs which eg an aircraft carrier could collide with. It was obvious that was the intention. Dude obviously threatened to nuke Buenos Aires.
Notably Banco Inglés, with a tilde and everything, we're talking high production values, the absolute highest, English Admiralty, Superpower internal information. As an native English speaker, I would translate that bank's name to English as Fuck You Sandbank, which protected Buenos Aires once precisely from the same Royal Navy. The depth is 0.7 meters, according to the map I had, and they map uses analog measurements from English satellites, analog photography. So point being somebody forgot to burn them, there's leaks, they're sloppy, they got to a spy, the spy moved to Santiago, the spy gave up on his conspiracy theories and gave them to a beggar, beggar had no idea what they were worth, I bought them for $20, a complete collection, like it says this part to the South is in map 3134, sure enough I also had map 3134, it's everything. Especially the Falklands. Even shows the kelp forests.
Military intelligence. No pixels no matter how close you zoom in. All hand made.
Super cool item to own. Like you’re living in an RPG.
https://webapp.navionics.com/?lang=en#boating@4&key=v%60dnIx...