this post was submitted on 09 Dec 2023
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[–] [email protected] 27 points 1 year ago (1 children)

How could I transfer a ton of money to someone without it getting suspicious? Oh right, auctioning off something worth nothing!!

[–] [email protected] 10 points 1 year ago (1 children)

Welcome to the world of rare collectibles. A good portion is money laundering or tax evasion.

[–] [email protected] 6 points 1 year ago

Fun fact: NFTs took off just as money laundering using art started to get harder.

[–] [email protected] 13 points 1 year ago* (last edited 1 year ago) (1 children)

This is equally as worthless as the $4 check to Radio Shack signed by Steve Jobs sold at the same auction. I understand if this had some sort of historical significance placing it in a museum with other pieces from this event, but this is actually worthless. Just like the $4 check. It means nothing, it carries no historical significance. Its too bad that some moron was fooled into thinking is worth what they paid, because them paying means it will continue to happen.

[–] [email protected] 8 points 1 year ago

It's like you just described why most arts and antiquities deals are actually just money laundering.

[–] [email protected] 6 points 1 year ago

No egg fried rice?

[–] Pratai 5 points 1 year ago

I will never understand the lunacy it takes to pay money for someone’s signature.

[–] [email protected] 3 points 1 year ago (1 children)

This is the best summary I could come up with:


BOSTON (AP) — An official menu for a state banquet that bears the signature of former Chinese leader Mao Zedong has been auctioned for $275,000.

The menu was signed in fountain pen by six influential Chinese statesmen, including Mao and Premier Zhou Enlai.

The banquet featured foods from both nations and included delicacies such as “Consommé of Swallow Nest and White Agaric,” “Shark’s Fin in Brown Sauce,” and “Roast Peking Duck.”

“To hold a menu signed by Mao Zedong and Zhou Enlai is to hold a piece of the past – a piece that tells a story of diplomatic engagement, cultural exchange, and the forging of friendships that have endured through the decades,” Bobby Livingston, executive vice president at RR Auction, said in a statement.

Other items auctioned off included a fully operational World War II-era Enigma coding machine for $206,253, a Thomas Edison-signed document for a light bulb patent for $22,154, and a check signed by Steve Jobs to Radio Shack was sold for $46,063.

The check, dated July 23, 1976, is payable to RadioShack for a whopping $4.01, and was signed by Jobs the same year he and Steve Wozniak launched Apple in a Silicon Valley garage.


The original article contains 233 words, the summary contains 199 words. Saved 15%. I'm a bot and I'm open source!

[–] [email protected] 2 points 1 year ago

You forgot to mention the other country was Pakistan