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efta-efta01921404DOJ Data Set 10CorrespondenceEFTA Document EFTA01921404
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DOJ Data Set 10
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efta-efta01921404
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To:
Jeffrey E.[[email protected]]; lawrence delsoni
From:
Richard Joslin
Sent:
Tue 5/27/2014 1:21:50 PM
Subject: Bloomberg News: Lund Painting Sold for 1,500% Gain as Art Flippers Return
LDB purchased a Grotjahn's in March as did the 1997 Trust — approx. $300K each
"The highest price for a flipped work last week belongs to a 2011 painting by Mark Grotjahn,
"Untitled (In and Out of the Darkness Face 43.01)," which sold for $6 million. In October 2011,
the work made news by fetching $1 million at a benefit gala for TWO x TWO for AIDS and Art, an
annual auction in Dallas that raises money for the Dallas Museum of Art and for AIDS research."
EFTA_R1_00364989
EFTA01921404
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