I have to say that the price of art nowadays is getting ridiculous. Some of the paintings look like it was made by a four year old but still command a high price. I believe price should be driven by public interest. A good way to measure this is through a website that shows paintings or sculptures and asks how much you'll pay for it. After you've set you're price the website will display the actual price of the material. The price of the public appraisal vs the actual price is compared. The higher the difference the more absurd the price of the art is.
22 points | 1 comments
By Wright
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