I’ve been checking out a blog called Bespoke recently, and it’s a pretty good financial blog.? They have frequent, well informed, and fairly short tidbits about things they notice in the markets.

Today, they had an interesting tidbit…? Van Gogh: The Art World’s Sub Prime Paper?

Today, Sotheby’s (BID) is down nearly 30% after a weak auction last night where a Van Gogh that was estimated to sell for between $28-$35 million received no bids.

Here’s a 3 month chart of BID:

bid.png

Ouch!