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Old 07-15-2019, 01:27 AM
Hairy wolf Hairy wolf is offline
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Re: Is money the only measure of the value of a work of art??

Hey guys, it’s interesting that Duchamp found his way into the discussion. Last year I visited my son who does business in Seoul and we went together to the National museum that staged The Essential Duchamp. Among the exhibits were great paintings from his early years (prior to his arrival in the US) and....yes! the toilet was there too. It obviously drew a lot of attention!!.. Imagine what security measures were taken and what costs were involved in shipping this masterpiece to Korea!!....
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Old 07-15-2019, 01:31 AM
Hairy wolf Hairy wolf is offline
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Re: Is money the only measure of the value of a work of art??



Yours truly at the Duchamp show.
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Old 07-16-2019, 02:15 AM
Hairy wolf Hairy wolf is offline
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Re: Is money the only measure of the value of a work of art??

Quote:
Originally Posted by Pinguino
Short answer: Yes.

I tend to agree with you. Beyond philosophizing and certain hypocrisy, money talks and .... walks. It’s a fact that the greatest artists, no matter in which period, either worked on commissions or had dealers to sell their work.
The simple thought behind the desire to sell your work is “my talent remains with me, I can always produce more”.
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Old 07-16-2019, 12:44 PM
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JohnEmmett JohnEmmett is offline
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Re: Is money the only measure of the value of a work of art??

why is this argument made?
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Old 07-16-2019, 05:33 PM
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musket musket is offline
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Re: Is money the only measure of the value of a work of art??

Beyond the essentials necessary to sustain life, nothing has intrinsic value. Stuff is worth what people are willing to pay for it. It makes no more sense for a de Kooning to go for 300 mil than it does for a 1958 Gibson Les Paul Standard "Burst" (a reference to the finish on the maple cap) to go for 500 grand. Much of what is being paid for in each case is exclusivity. There aren't many de Koonings for sale. Only 1500 original Bursts were ever made, from 1958-1960. These are iconic guitars strongly associated with some of the biggest names in rock guitar history, but buying one won't turn you into Jimmy Page, Eric Clapton (in his pre-Stratocaster days with the Bluesbreakers) or Duane Allman. It's absurd to pay this kind of dough for one. But people do.
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Last edited by musket : 07-16-2019 at 05:36 PM.
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Old 07-16-2019, 05:49 PM
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Re: Is money the only measure of the value of a work of art??

If we ignore the need of beauty, we find ourselves in a spiritual desert. -Roger Scruton
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Old 07-17-2019, 02:05 AM
Hairy wolf Hairy wolf is offline
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Re: Is money the only measure of the value of a work of art??

Quote:
Originally Posted by musket
Beyond the essentials necessary to sustain life, nothing has intrinsic value. Stuff is worth what people are willing to pay for it. It makes no more sense for a de Kooning to go for 300 mil than it does for a 1958 Gibson Les Paul Standard "Burst" (a reference to the finish on the maple cap) to go for 500 grand. Much of what is being paid for in each case is exclusivity. There aren't many de Koonings for sale. Only 1500 original Bursts were ever made, from 1958-1960. These are iconic guitars strongly associated with some of the biggest names in rock guitar history, but buying one won't turn you into Jimmy Page, Eric Clapton (in his pre-Stratocaster days with the Bluesbreakers) or Duane Allman. It's absurd to pay this kind of dough for one. But people do.

Hey there! I believe it was Frank Sinartra who said: “Who is a rich man? He who does with most toys”.
Cheers!
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Old 07-19-2019, 12:46 PM
TomMather TomMather is offline
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Re: Is money the only measure of the value of a work of art??

Van Gogh reportedly sold only one painting in his lifetime. Now his paintings are among the most valuable in the world. If money is the primary measure of the merit of art works, then it certainly doesn’t apply in the short term or even during the lifetime of an artist.

On the other hand, there are many, many valuable pieces of art that I dislike and wouldn’t want in my house — despite their monetary value. I would hang any Van Gogh however.
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Old 07-19-2019, 01:30 PM
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Re: Is money the only measure of the value of a work of art??

Quote:
Originally Posted by TomMather
it certainly doesn’t apply in the short term or even during the lifetime of an artist.



That's why I tell everyone to buy my paintings now, because after I'm dead they can't afford me.
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Old 07-19-2019, 03:16 PM
TomMather TomMather is offline
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Re: Is money the only measure of the value of a work of art??

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Originally Posted by snoball
That's why I tell everyone to buy my paintings now, because after I'm dead they can't afford me.

I’ll have to try that line!
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Old 07-19-2019, 08:09 PM
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Re: Is money the only measure of the value of a work of art??

The one thing the super rich have in common is their aversion for paying tax, it could be described as a pathological aversion. I would imagine that's the main reason they buy and sell extremely high priced art. Section 1031 of the Internal Revenue Code, it's really that simple. Higher the price, bonus!

Last edited by ianuk : 07-19-2019 at 08:31 PM.
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Old 07-19-2019, 11:20 PM
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JohnEmmett JohnEmmett is offline
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Re: Is money the only measure of the value of a work of art??

more money doesn't (necessarily) buy better art

maybe it buys worse art
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Last edited by JohnEmmett : 07-19-2019 at 11:38 PM.
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Old 07-20-2019, 12:02 AM
Artyczar Artyczar is offline
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Re: Is money the only measure of the value of a work of art??

Quote:
Originally Posted by JohnEmmett
more money doesn't (necessarily) buy better art

maybe it buys worse art

Yes, you're right; in some cases, it does. I believe.
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Old 07-20-2019, 06:22 AM
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Re: Is money the only measure of the value of a work of art??

Quote:
Originally Posted by Hairy wolf
The simple thought behind the desire to sell your work is “my talent remains with me, I can always produce more”.

For me the simple thought was, "I have bills to pay."
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Old 07-20-2019, 10:52 AM
Hairy wolf Hairy wolf is offline
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Re: Is money the only measure of the value of a work of art??

Quote:
Originally Posted by musket
For me the simple thought was, "I have bills to pay."

Well, as a matter of fact it’s not so funny
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