By The Numbers

There’s wine in them thar hills

Marketplace Staff Nov 10, 2015
$170 million

That’s about how much ‘Nu couche,’ a painting of a nude reclining figure by early 20th artist Amedeo Modigliani went for at Christie’s auction house on Monday night. The high price tag is a little surprising given that Modigliani was fairly prolific. But in the art world, where collectors like to have the ability to amass a fair amount of works by an artist, having a healthy supply can actually lead to a hike in price.

$1.5 billion

That’s the worth of all of the wine stored at Octavian’s 93,000 square meter Corsham Cellars, a giant storage facility 30 meters underground. With clients including Christie’s and Sotheby’s, the cellar is located just outside Bath, England. As Bloomberg writes, the space used to be a stone quarry in the 1800s. Around 25 years ago, they started using it to store wine. But you still have to wear a gas mask.

13

That’s how many so-called “jumbo deals,” bond offerings with more than $10 billion dollars in proceeds, have been carried out this year. As much as people complain about the Fed waiting so long to raise rates, clearly some companies are taking advantage.

$1000

That’s the worth of gift cards being offered to owners of diesel-powered cars by VW. As the Associated Press writes, it’s an act of goodwill, considering the owners of the 482,000 cars in question paid extra for environmentally-friendly vehicles only to find the numbers had been fudged.

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