the thousandth is but one of one thousand
and is thus one one-thousandth

i stumbled today, randomly as ever, across a page that grabbed my attention a little more than the other three or four hundred that ply for it at any given time.

the painting

browsing is now a completely secondary task driven by aggregation of rss feeds, so i barely give even a cursory glance at so much that is out there.

but this page piqued my interest.

i guess it had a blend of things.

a cool idea.

someone blogging who might have come up with something original enough for him to not just eke a living, but a very respectable one if it works.

he didn’t want a hummer.

or a jet plane. he wasn’t selling 12 pixels for $25 per pixel. he was selling a tangible, limited edition, a part of a series that could be history. the first of its kind.

one of a kind in a series of one thousand.

piqued i was, used paypal was.

so i am now the owner of the only one of one in one thousand, or one one thousandth of something very unique and valuable.

enough of the purple prose, already. i stumbled across i stumbled today, randomly as ever, across a page that grabbed my attention a little more than the other three or four hundred that ply for it at any given time.

browsing is now a completely secondary task driven by aggregation of rss feeds, so i barely give even a cursory glance at so much that is out there.

but this page piqued my interest.

i guess it had a blend of things.

a cool idea.

someone blogging who might have come up with something original enough for hoim to not just eke a living, but a very respectable one if it works.

he didn’t want a hummer.

or a jet plane. he wasn’t selling 12 pixels for $25 per pixel. he was selling a tangible, limited edition, a part of a series that could be history. the first of its kind.

one of a kind in a series of one thousand.

piqued i was, and paypal was used.

so i am now the owner of the only one of one in one thousand, or one one thousandth of something very unique and valuable.

enough of the purple prose, already. i stumbled across [url=http://www.onethousandpaintings.com/home/]one thousand paintings [/url] and had to have one.

the project? well, he has painted one thousand small canvases, each containing a number ordinally from 1 to 1000.

the cost of each painting is as follows, where p is the number on the painting, and n is the total number of paintings sold in the series at the time.

cost = (1000 - p) * (10 - ( int ( ( 1000-n ) / 1000 )

Huh.

Well, lets see what I bought. Hmmm. Which do I want? Something that says something about me … something about the number that is oh so impdr.

Of course. impdr70. 70? Yes, my birth year.

I searched, and despote the sale alreay of 72 painting, 70 was available. So was 6. Hmmm.

The cost:

cost = (1000 - 70) * ( 1 - int ( 1000-73)/1000)/10)
= 930 * (10 - int ( 923/100)/10
= 930 * (10 - (int ( 9.23)/10)
= 930 * (10 - 9 )/10
= 930 * 0.1
= 93

That sounds weird but basically as each block of 100 numbers is sold, their perceived value increases. It is a wonderful study of markets, fashion, pricing, trend, demand, supply, numbers, preferences, patterns. Stuff that turns on my cortex.

So, if lots of people become suddenly interested, and the number sold tips to over 100, then all of a sudden my painting is worth:

value   = 930 * 0.2
= 186

And if 400 are sold

value   = 930 * 0.4
= 372

And if all one thousand are sold:

value   = $930.

My confidence is that they will all sell. And I have invested in an artefact of a time when a sale as such is not commonplace. A market of tomorrow or an experiment of an indeterminate age.

And I also realise that the clever person to come up with this original idea has just netted himself a princely sum: of course it can never be predicted, but the mean discount is 50% and the mean price is $500, so the predicted mean cost is $250. And he has sold 1000.

One quarter of a million dollars.

I think he will break even.For once a cleever idea by an interesting artist nets himself a sum on which to cleverly create more.

No one hurt. No one exploited. All buyers volunteer for reasons of their own volition.

And this is good.

and had to have one.

the project? well, he has painted one thousand small canvases, each containing a number ordinally from 1 to 1000.

the cost of each painting is as follows, where p is the number on the painting, and n is the total number of paintings sold in the series at the time.

cost = (1000 - p) * (10 - ( int ( ( 1000-n ) / 1000 )

Huh.

Well, lets see what I bought. Hmmm. Which do I want? Something that says something about me … something about the number that is oh so impdr.

Of course. impdr70. 70? Yes, my birth year.

I searched, and despote the sale alreay of 72 painting, 70 was available. So was 6. Hmmm.

The cost:

cost = (1000 - 70) * ( 1 - int ( 1000-73)/1000)/10)
= 930 * (10 - int ( 923/100)/10
= 930 * (10 - (int ( 9.23)/10)
= 930 * (10 - 9 )/10
= 930 * 0.1
= 93

That sounds weird but basically as each block of 100 numbers is sold, their perceived value increases. It is a wonderful study of markets, fashion, pricing, trend, demand, supply, numbers, preferences, patterns. Stuff that turns on my cortex.

So, if lots of people become suddenly interested, and the number sold tips to over 100, then all of a sudden my painting is worth:

value   = 930 * 0.2
= 186

And if 400 are sold

value   = 930 * 0.4
= 372

And if all one thousand are sold:

value   = $930.

My confidence is that they will all sell. And I have invested in an artefact of a time when a sale as such is not commonplace. A market of tomorrow or an experiment of an indeterminate age.

And I also realise that the clever person to come up with this original idea has just netted himself a princely sum: of course it can never be predicted, but the mean discount is 50% and the mean price is $500, so the predicted mean cost is $250. And he has sold 1000.

One quarter of a million dollars.

I think he will break even.For once a cleever idea by an interesting artist nets himself a sum on which to cleverly create more.

No one hurt. No one exploited. All buyers volunteer for reasons of their own volition.

And this is good.

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