For the Truly, Insanely Rich: A Vial of Ronald Reagan’s Blood

This May’s contemporary art auctions seem tame when compared to the other high-dollar items at auction; a T-Rex skeleton was sold last week and now, a vial of Ronald Reagan’s blood has made its way to an online auction house. Gross factor aside, purchasing a vial of blood is bound to be less strategic than purchasing a multi-million dollar painting.

There’s some sort of use-value with paintings. Even if there’s not always a huge investment return, collectors can at some point donate that T-Rex or that painting to a museum. There’s a level of altruism in putting your collection on view for others, and a financial motive by getting a tax-deductible write-off. A vial of blood in the Smithsonian? They’d never display that type of bodily memorabilia. And the type of refrigeration requirements for that vial would be fine for a medical facility, but not a museum.

Without any public use, these memorabilia purchases become no more than whims for the truly, insanely rich. Someone might have a basement viewing area built specifically for that vial, but it’s not going to be for everyone.

One Response to “For the Truly, Insanely Rich: A Vial of Ronald Reagan’s Blood”
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  1. […] which then lead the seller to donate the item to the Foundation. [via: Marina Galperina, Corinna Kirsch, Kyle Chayka, Wonkette]Lance Esplund writes an obit for the Lower Merion Barnes Foundation site. […]

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