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PUTTING ON THE RITZ ♪♪
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>> WELCOME BACK ROCK ON THE
BLACK ONE OF AMERICA'S RICHEST
FAMILY TEAMING UP WITH
CHRISTIE'S TO AUCTION OFF ART
COLLECTION, MONET,
WIDE-RANGING COLLECTION COULD
BE FIRST TO TOP A BILLION
DOLLARS, TO TOP IT OFF ALL THE
PROCEEDS GO TO CHARITY,
JOINING ME THE PRESIDENT OF
FINE ART ADVISERS, MICHAEL
GREAT TO SEE YOU THIS IS GREAT
A BEAUTIFUL PIECES LET'S START
WITH MONET.
>> THAT IS ONE OF THE MOST
BEAUTIFUL PAINTINGS TO COME TO
AUCTION IN DECADES WE DON'T
SEE PAINT, LIKE THIS BY MONET
THESE ARE NOT MARKETPLACE.
>> AFTER THIS LIKE CRAZY WHAT
HE HAS HERE, IS ONE OF THE
GREAT PAINTINGS IN GARDEN.
HE HAD A FLOATING STUDIO HE
WOULD SIT IN THE BOAT AND
PAINT THIS, I MEAN HAD GARRED
WAIT NERZ POND TO ARRANGE THEM
THE WAY WANTED LIKE ABSTRACT
WORK OF ART.
>> NOT ONLY MONET, UP FOR
AUCTION.
>> THERE ARE A FEW MONETS,
EACH ONE IS OUTSTANDING.
>> TELL US MORE ABOUT IT, IN
TERMS OF ALL OF THIS ART YOU
DON'T SEE SUCH ENORMOUS
COLLECTION ONCE TYPICALLY OR
IS THIS.
>> ONE OF THE GREATEST PRIVATE
COLLECTIONS WE WILL SEE COME
TO AUCTION IN OUR LIFETIMES.
HE HAD GREAT EYE DAVID
ROCKEFELLER WAS SON OF JOHN
DROCKEFELLER JR., A FOUNDER
PRINCIPAL FOUNDER OF MUSEUM HE
MODERN ART 1929 GREW UP WITH
TERRIFIC WORKS OF ART KNEW
WHAT HE WAS DOING GREAT ADVISE
ALL HIS LIFE BOUGHT SOME OF
THE BEST OF THE BEST.
>> FASCINATING UP FOR AUCTION
TELL US ABOUT THIS.
>> CAME ON HEELS OF IMPRESSISM
ARTISTS TRYING TO DO SOMETHING
NEW FAIRLY WEALTHY MAN A
SAILING YACHT A HOME IN AN
TEBOW, SAN TROPI.
TEBOW, SAN TROPI
TEBOW, SAN TROI.
TEBOW, SAN TROI
TEBOW, SAN TROE
TEBOW, SAN TROEZ,
TEBOW, SAN TROEZ, A
TEBOW, SAN TROEZ, ALL
TEBOW, SAN TROEZ, ALLOW
TEBOW, SAN TROEZ, ALLOWIN
TEBOW, SAN TROEZ, ALLOWING
EACH DOT FROM INCREASISM TO
FORGE INTO MODERN ART.
>> RARE SHORT-LIVED HIGHLY
INFLUENTIAL FORM OF ART A LOT
OF CLERKS WANT IT.
>> TELL ME ABOUT VAN GOGH.
>> VAN GOGH IN TIMES WE SEE
HEDGE FUND GUYS AFTER
CONTEMPORARY ART THIS IS
ORIGINS MODERN ART, WROTE TO
BUDDY THIS WAS HEART OF MODERN
ART ITSELF LOOKING AT LIFE
AROUND HIM, HE IS WHAT HE
CALLED THROWING HIMSELF INTO
THE PAINT, HE WAS DOING THINGS
SLOWLY YOU THINK OF VAN GOGH'S
PAINTING QUICKLY HE DID NOT
THIS IS VERY CALCULATED
CAREFUL MEANT TO HAVE DEPTH OF
THOUGHT TO IT WHICH IT DOES I
THINK YOU CAN SEE THAT IN THE
PIECE.
>> HOW LONG DID HE TAKE TO
PAINT THEM.
>> THIS IS ADRAWING.
>> HE COULD TAKE SEVERAL DAYS,
TO DO ONE DRAWING.
>> NAME ROCKEFELLER SO -- I
CONI CAN, GIVEN AWAY FAMILY SO
MUCH.
THE FAMILY OF STANDARD OIL
COMPANY DO YOU THINK THE
DRIVES THE PRICE, A
ROCKEFELLER ITEM.
>> I THINK IT DOES FIRST OF
ALL, NOTHING IN THERE IS A
FAKE THERE IS NO FAKE FORGERY,
ROCKEFELLER BOUGHT GREAT
ADVISE BEST OF EVERYTHING
CLERKS FEEL VERY CONFIDENT
BIDDING THERE ADDITION TO THAT
COLLECTION SEEMS BASED ON
ORIGINS OF MODERN ART, AN
INTERESTING MODERN ART SO THIS
IS ALSO --
>> WHAT IS IN THE MARKET RIGHT
NOW AN INTEREST IN MODERN ART
POP CULTURE, THE PRICES HAVE
RISEN.
IN TERMS OF COLLECTING AS
ALTERNATIVE INVESTMENT HOW
WOULD PAINTINGS DO IN TERMS OF
HAVING AN ALTERNATIVE
INVESTMENT.
>> INVESTORS LOOKING CLOSELY
AT NUMBERS ON THIS IF I TAKE
FOR EXAMPLE THE PICASSO THAT
IS IN HAVE COLLECTION THAT WAS
PURCHASED AROUND 1956.
AT THAT TIME BLUE PERIOD
PAINTING WOULD HAVE GONE FOR
PROBABLY LESS THAN 100,000,
PERHAPS LESS THAN 25,000.
THE PRICE TODAY CHRISTIE'S 90
MILLION DOLLARS FOR PAINTING.
>> AMAZING, THIS AUCTION IS
NOT JUST PAINTING, YOU'VE GOT
OBJECTS AS WELL FROM
ROCKEFELLER ESTATE.
>> AUCTION WILL GO ON SEVERAL
DAYS START AT 100 DOLLARS,
CUFF LINKS PROCEEDS GOING TO
VARIETY OF CHARITIES
DESIGNATED BY DAVID AND WIFE
PEGGY.
>> WHY TO PUT EVERYTHING ON.
>> END OF LIFE SALE HE PASSED
AWAY A COUPLE YEARS AGO THIS
IS IN HIS WILL HE WANTED TO
DO, HE DID NOT KNOW CHARITIES
WOULD MAKE OUT SO WELL, OF
COURSE, PRICES SKYROCKETED IN
VALUE.
>> INTERESTING THAT YOU CAN GO
AS LOW AS 100 DOLLARS ON SOME