Kate Moss, Tiziano Vecelli and John Major

Maybe it's just me but I think I'd much rather have sculptures than paintings, and even if you don't share my taste, at £1.5M per statue we could have over 60 solid gold Kate Mosses scattered around the country for the £100M required for two paintings.

You might vary the model a bit: I think a larger-than-life solid gold statue of Sir John Major would be a marvelous thing - both as a satire on his grey reputation and a tangible acknowledgment of his bit-part in this country's recent slew of Olympic gold medals.

Who would do you nominate for golden immortality?

Apparently gold costs around £14,000/kilo so the BBC's quoted value of £1.5M for a 50kg statue suggests that the sculptor's time is worth Kate Moss's weight in gold.