On Being Shafted

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Posted by pancho from ? ( on Monday, March 25, 2002 at 10:08AM :

Jackie paid $15,000 for the large head of Ashurbanipal. I know what you guys are thinking..."that's three Rolex's!!!"...or, "My GOD, that's half of a cheap Mercedes!!!"

That head was appraised by Butterfield and Butterfield at $40,000. That would be a "fair" price, meaning no less and as much more as the market would bear. The copy the University has is insured at $50,000. I gave Jackie a copy of the appraisal...if they are ever robbed or the place burns down, they can claim the full amount of its value.

Not bad huh?

-- pancho
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