Monday, May 21, 2007

The market value of art

A bit of thought on the market value of art.

9 comments:

Anonymous said...

can't you come up with any fresh ideas instead of art all the time?
there's a whole world out there and you seem stuck on the same old things over and over.
change the channel once in awhile please.

Unknown said...

LOL That's actually a very funny comment. :)

Eolake Stobblehouse said...

Jillian, I recommend yahoo.com. There's thousands of interesting subjects, instead of the handful I'm interested in.

Anonymous said...

Speaking of art, "Wherefore art thou again, picture of Hannah?"
I fear your avatar might be even shyer than you, hiding like that all the time. ;-)

Anonymous said...

Oh know, this Droit de Suite idea is one of the silliest I've heard in a long time. Granted, I am an extreme Free Market kind a guy.

In the example (initial price $500, resale for $50,000) what the original writer is forgetting is that the patron took a risk in buying the work for $500. The piece might have turned out to be worth only $1. (Does Droit de Suite mandate that the artist in that case return part of the $500 back to the buyer to split the losses?)

In fact, the patron may have had to buy 100 pieces for $500 with only one of them appreciating this much.

If a string is attached to the sale of the artwork it is not a sale at all (in the purest sense). Artists who demand things like this have no idea how much they are shooting themselves in the foot.

Of course, artists are not exactly known for clear headed thinking in the first place. At least in this country it seems only a handful of artists even try to achieve any financial success. Lest they might lose the government grants they've lobbied so hard for in their socialist circles.

DalĂ­ is my hero. Not only did he achieve financial success but he proclaimed that getting as much money as possible was his primary reason for painting. Gotta love a guy who says that, has huge success, and still produces critically acclaimed work.

Anonymous said...

eolake said...
Jillian, I recommend yahoo.com. There's thousands of interesting subjects, instead of the handful I'm interested in.

That's true Hobblehouse. Your subjects were once interesting but now I find you trapped in this web of cameras and art over and over and over and over. Like one person said, you don't get out much do ya? I bid you farewell Mr Rerun.
Have a nice syndication. :)

Anonymous said...

jillian said: "Like one person said, you don't get out much do ya?"

That person directed that comment to me, not to Eolake.

The idea is that we select the blogs we read based on what interests us. Doing it the other way around, i.e. picking a blog randomly and then trying to have its owner cater to our specific needs, does not and can not work. It would result in what's known as many-to-one problem.

To get variety in subjects I recommend subscribing to several blogs. They are all free.

Unknown said...

I just didn't feel like pointing that out to Ms. Jillian... if she felt like making comments like that, then she obviously doesn't understand the point of blogs to begin with. :)

Ok... and yes, my poor avatar is hiding because the webhosting shifts have scared her. ;)

Eolake Stobblehouse said...

OK Ms Jillian, see ya later.

I agree with TTL, I almost said the same thing. If the artist knew the work would increase drastically in value, he could just have kept it!

And he is now in the position that anything he makes will be way more valuable. Free money.