"Just the restoration itself was well over $100,000."
S/he spent that kind of money, logged only 3 hours since, and now wants to sell at a loss of
at least $35,000?
That kind of wastefullness is just vulgar, no matter how much money you've got to burn!
I bet the mechanics and company employees on the receiving end of that $35k aren't complaining.
I don't particularly have a problem with profligate purchases if it's employing people. Building a McMansion employs a lot of laborers, both in construction and maintenance. Not that I like McMansions. But at least there are people making a living off of them.
On the other hand, buying artwork for $120 million just shuffles money from one rich pocket to another.
