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What if the Louvre burned? Or the Vatican Museum or the Met? Imagine the loss to our cultural and artistic heritage. The home of Hollywood lawyer Kevin Morris, the world's largest collector of Hunter Biden originals (over 200) has been destroyed in the ongoing fiery catastrophe in California. (See Hunter Biden artworks worth ‘millions of dollars’ destroyed in LA fires.)
If insurance covered the loss, how would it be valued? At the original prices, estimated to be a total in the millions? Current market value as the Biden family recedes from prominence? Is the value expected to increase as a set of interesting, even fun historical artifacts, or will the value plummet with the loss of political relevance and buzz? Art experts will likely debate this unique valuation problem for decades.
No doubt history will add this blow to our shared American art heritage to the extensive tab already rung up by the negligent Governor Newsome and Mayor Bass. Shame.
Discussion (35)
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You should have given your post the tag, "humor." It was a LOL for me! I'm sorry. I'm a terrible person.
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I think it could be a net plus for Morris. Who in their right mind would ever buy a Biden painting for what Morris paid? But if insured, he can cash out--and not have to display that kitsch in his new home--win-win. I hope that is the case so as to provide a small silver lining to a tragedy that no one deserves to have to suffer.
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I would love there to be litigation between Morris and his insurer over the value of the paintings. So many great potential legal issues. Tailor made of a law school text book.
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The culture may never recover.
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I don't want to seem at all flip about the horror that is unfolding in LA or the pain that it inflicted. But in the land of celluloid and dreams, as I was reading your post, in my mind's eye I could picture these paintings slowly curling up in flames as the camera pans out at the end of the "The Life and Times of Joe Biden".
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