Thursday, November 4, 2010

Is the Art Really Worth the Money


Some pieces of art when i view them do not exactly strike me at an amazing piece of art. The effort and beauty that is seen in other works makes me like those works more. When it comes to the money although, it seems to me that the more fame an artist has the more his work will be cost. Andy Warhol saw how the market was progressing with a large increase in investors. He felt it was necessary in order to keep up with the amount of demand that his current production process would have to be accelerated. Soon enough prints of Warhol's work were selling at large sums and large prices. This irritates me that these investors worry more about the future profits they will make rather then the true value of the art. Private collectors who purchase a lot of pieces from a specific artist are in reality making artist more recognizable and contributing to the increase of price for the specific work. Record prices are being recorded for pieces that are being sold here in 2010 and this is all a result of the Mona Lisa arriving in New York. The paintings presence started a leak in the art market that has evolved into a flood parallel to the one that took over Florence which led Robert Hughes to get into the art industry. Since the 1960's the art market has significantly changed and it is hard to tell if it will ever go back to the days when art was purchased for beauty and not for potential profits.

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