Geneva : It won't hang on the wall in their living rooms, but they own it nonetheless: 25,000 Internet users banded together to buy a Picasso painting, which went on display in Geneva. Visitors to Swiss bargain site Qoqa usually end up buying a new drill, a set of luggage or a ch
Geneva : It won’t hang on the wall in their living rooms, but they own it nonetheless: 25,000 Internet users banded together to buy a Picasso painting, which went on display in Geneva.
Visitors to Swiss bargain site Qoqa usually end up buying a new drill, a set of luggage or a cheap trip to Marrakesh.
But last December, the website that was created in 2005 with the motto: “We do anything, but it’s all for you”, proposed a painting by none other than artist superstar Pablo Picasso.
The 1968 painting titled “Buste de mousquetaire” (Musketeer Bust) was offered up at the bargain price of two million Swiss francs ($2.0 million, 1.7 million euros).
Over the course of three days, 25,000 people purchased 40,000 shares, at a price of 50 Swiss francs each, to become the proud owners of the artwork.
