Oct 6, 2018 8:53 AM
inquisitivefluff
205903
5046
89
vinnycthatwhoibe
Nobody noticed the absurdly thick frame?
MrHandsome
Now there is 200 little paintings
abundantbadgers
For the next Banksy piece, once you win the auction, some guy comes out and stabs you in the face. Starting the bid now at 5 million...
wiilyc22
Reframe the pieces as set in frame, and now it will sell for more. Between price, and the story which will become legend. Quite clever.
vlej
that's not destroied. that's the most valuable set of strips of paper we've seen since the bandages on king tut...
tlonotjlo2
*destroyed
dgran98
destroied? damn
bupthesnut
If the buyer is smart he'll put it on for auction right away. Double value?
ChimeraOfEbony
According to The Guardian, the price may have gone up to £2mil. plus due to the media coverage and its new place in art history
ArtOzz
You witty mother fucker.
Aranon
Destroyed*
aye.
Megisto
Maybe Banksy himself was among the audience to push the button at the right moment.
Dsharppe
He did post a picture of it on his Instagram.
Then we just need a picture of the audience, calculate the point of view of the camera and voilà, Banksy!
junkywithamonkey
im pretty sure he has people doing that stuff for him to hide his identity, hes no fool :P
tommyrulz
Pink sweater gets it.
MathewMara
coffeebaby
It's probably worth even more now
itypewerdsonline
Banksy to the owner
TheTittyLicker
it is
8equalsD
Heres the video https://youtu.be/z4ZudVf2PNc
chestbroman
The buyer's reaction upon hearing this news
clovershappen
It is worth nothing. But doesnt meam people wont pay stupid money for it
bamblebimble
Did you know every bit of money is worth nothing In that case?
barickfr
Then it's not worth nothing. Value of art is what people are ready to pay for it
Insomnia297
According to one definition of value.
p75369
Everything is worth what someone is willing to pay for it. Nothing more, nothing less. There is no intrinsic worth in anything.
alhazad
This mindset would have been quite useful during the slavery years.
CamelaShy
I think this irony of his irony is what might irk Banksy a bit.
Y'know, I don't. His next work will be called "Semen on the Floor (Capitalism)"
NapoleonDynOmite
He's not retarded. I'm sure he knew exactly what would happen. I think he's just showing how ridiculous art collectors and critics are.
And they eat that shit up just further proving his point in a never ending cycle
goclimbarock
agreed, I'll bet he thinks it is hilarious.
Kangadilla
There is no way any art appraiser wouldn't notice a shredder in the frame. Between a slit in the wood and the weight. This was set up.
FlyingButtPliers
It looks backlit. If it was battery powered I could see it getting a pass
SpamwiseJamkey
Maybe Banksy was the appraiser...
brrrackobama
Yeah. Wouldn't the piece have been examined out of its frame for authenticity, etc.?
CyborgScribe
It's a Banksy piece right? What appraiser would dare damage it by removing the shredder? That's part of the art.
whatshappeninghere
Look at that massive frame tho
Hardcore04
I imagine the appraiser knew about it and was instructed to inform no one, for sake of the art
it's more likely that sothebys was in on it.
dispozableusername
That's one fast way to never work at an auction ever again.
With the nature of banksy's art I doubt it. Its pretty clear that the shredder and timing of the shedding are part of the piece.
CloakerJosh
Holy shit, what a boss
JoeT85
doesn't anyone else this this is an a$$hole move? You bought it, and "F*ck you, i rigged it". It's not about the $$$ going up
AntaNce
i fukken hate banksy. a poser. no one calls him out, he sucks.
cheeseburgersmakemehorny
The person didn't pay for it yet, they had just won the auction
tchoukiwalimou
banksy president !
combstranger
'My first order as president: jobs are illegal because capitalism BAD here is a cartoon i drew about it'
Groznek
Yeah fuck no,
MPBlaster
Doubled it in value
...So...the buyer got what they paid for then...cus thats kinda his thing...
RegisterToVoteBoi
Sounds like banksy. He makes his art in protest of consumerism, westernism and shitty high class events like this
tipsfromatwentysomething
Statement against pretentiousness? Only to then become heralded as more significant and expensive? That’s meta
mulligylan
street art isn't meant to last forever. especially graffiti. shit is supposed to get covered up or tagged. its the point of graffiti
punkheadmema
I wonder who started the shredding mechanism once it sold? Someone must of had a remote control? I assume.
dtmedford
Wow such a great artist. Such rebel. Paper shred after bought with monies. What will master Binksy stencil next?
"Oh look! This picture has the name of that douchebag who stencils his useless opinions everywhere. tAKe MY MonEY!!" -retarded art people
Brocktooon
Sotheby's was in on the gag.
KartFnocker
they'll just frame them back together and it'll be worth even more, because it has more authenticity/story
NormanReedusLooksLikeHeWouldBeGoodInBed
Yeah you're right. The fact that the sale of any art piece is world wide news means that painting may be worth more now for the stunt
No. That would totally ruin it. Think about it.
hankergeoff
Just watch.
it'd go against Banksy's intentions, for sure, but I'd still bet on the side of the art market seeking profit
why would you think it would go against his intentions?
well, clearly I don't know for sure, but it sure looks like a finger in the eye of the resale/'investment' art market
It might be a statement, akin to Manzoni's tinned shit. Doesn't mean it was unexpected or that it meant to truly destroy value.
kittypoopappledrink
Should have used a cross-cut shredder.
elGuapo4211
The shredding became part of the art. It actually ended up making the piece MORE valuable. By up to as much as double what was paid for it.
LlamaLingo
You base that on...?
The internet.
JustYourFriendlyNeighborhoodSpiderman
Bag it up
TheTimeless
Manray did it first with his "indestructible object", art is weird sometimes
kvgrave
Thank you for this.
uhuhuuhuuuuAahAaaaaahAAAAAAAh
Unpopular opinion, banksy is way overrated and never was the pinnacle of street art.
Cheomesh
Correct, he's just prolific and got some media staying power.
bekkayya
also kind of an asshole. I don't care if its "art", making a buisness transaction and then setting destroying your half of the deal after
getting the money is despicable. IF he gave the money back then whatever, but this is no different than scamming somebody and then going
"ITS JUST A PRANK BRO"
[deleted]
Damn right
twitch streamers make like 100000$ a month. Money is stupid, let people do what they want.
SchrodingerMil
He once gave his paintings to an old man and had him sell them for 20$ in Times Square. Only sold 2 to a couple getting their first apprmnt
RithyH
Contemporary art.. 1.3M. Seriously ?
haroldbeldon
Who's Banksy?
fisseconniie
Bruce green
KateUptonsNipples
Watch exit through the gift shop in pretty sure it's on Netflix
faroutfelix
Did Banksy make the frame too, how did nobody expect/think this would happen?
they had to know
SterlingArcherSecretAgent
To be fair, it doesn't seem very obvious for it to self shred like this. Paint bomb or something, maybe, but I didn't see this coming.
ArtOfKarolMichalec
It’s a stunt
prodigalpiccolo
It's like people don't pay any attention to how or why he does anything.
EurtykeiHongKong
Exactly!
MorganAKAgramps
I certainly don't
Atomsk
Just in: imgurian who saw something happening, can't imagine anyone being so stupid they didn't see that coming.
s8whiskey
The art was made and frames 12 years ago from what I've read. Theories homie was in the room to trigger it.
rememberthatonetimeyeahmeneither
That was my thought, too. A true artist
After 12 years I'm surprised it worked still.
Keyosu
Can someone explain what is going and why? Not for a friend but for me because idk what the fuck is going on.
djsdkdjsk
Look below the frame, the rest of the picture is being shredded
Artist destroys his half of a 1m$ business transaction shouting "ITS JUST A PRANK BRO"
ApparentlyIcantcomeupwithavalidusername
Banksy painting sold for £1m at auction. Then a shredder built into the frame went of and started to shred the painting
PyroAvok
But why? I is s/he making a statement about how his/her art is not for sale?
justherefortheshitposting
He's a graffiti artist with notable anti-establishment and anti-capitalist themes.
AslanTheGod
I bet the piece would look hella badass if the strips were staggered and re-framed
fluhatinrapper
Are the strips permahanging or did they just fall onto the ground?
Either way, the piece is complete now.
goldensnapper
Yeah then you could sell it in your Etsy store.
cloudsforbrains
I dig it.
SharkyMcSnarkface
In the art world it would be either worthless or the most expensive piece in human history.
ihaveaten
I feel like a De Koonig would still be worth a lot more.
ImAnExpertInBirdLaw
There's a fine line between a Banksy and a Charlie.
Hella...are we saying hella again? You must be doing a Greico thing.
MooMooLazyRiver
Lots of people still say hella. Depends where you live.
Yup" I'm from California
Roger that, I was just making an always sunny reference.
Wouldnt that ruin the point of the man's work? I mean, art seems kinda ethereal and weird to me but this is what the man DOES.
MarioW
He later posted this with the caption "going going gone!" so I'm pretty sure it was intentional
cliffjumper83
No, the shredder was in the frame by accident
Sherlock89
I think you can argue the shredding was part of the work. It seems like something he would do. Now it's the completed piece
Right. Got -6 somewhere else in this same post because people dont get it.
People like the screwing with rich people aspect but forget who Banksy is. It happens.
FungusForge
Tbh I have no idea who Banksy is but if I spent that much on something you bet I'd make the best of the self destruction.
baconmassacre
Goddamn. Imagine being so fucking rare that your art goes for MILLIONS?!
lukeboughton22
yeah, but only after you’ve died of starvation.
HotFudgeMonday
I can draw something, it would be the only one in the world. Thats how rare it is. But im no one. Rarity
OverthoughtUnderedited
We're all that rare, we're just not all that smart.
daguq
He once set up a stall in the street selling pieces of his art. People thought they were copies and bought them at around £10. 1/2
People bought them b/c they liked them. He later announced that they were originals worth many £££s. I love this story. 2/2
banksy makes all these twats look like assholes as big as he himself. he's laughing so fukken hard, the fukwad.
retgarr
My art is even more rare. Wonder how much I can get for it.
Skawomplious
He's not rare, he's a fad.
CaptainMisanthropy
He's been around since the late 90's. Fads don't tend to last 20 years.
CrackStache
30 ftfy
Late 90s to 2018. So say 1998 to 2018. How many years is that?
QueenAmy
Strangely enough rare artwork is often less valuable than works by prolific artists. People want to collect what they like. If there’s only
One they lose interest quickly.
And there’s no competition to drive up prices.
1.5M is *super cheap* for art like that.
theresamooselooseabootthishoose
It depends where you live. I've seen Banksy pieces in situ in Bristol and London, but they aren't for sale
upvotehypnotoad
So you're saying they're "priceless"?
Effectively. Many things are if you think about it
RadioSilenceDW
There is a couple in my local town. Some idiot defaced it.
TonyMontanasBalls
I used to live round the corner from one in Bristol. It was hilarious watching tour guides and flocks of tourists taking pictures of it
ojakojako
I work in an office in bristol right next to a few Banksy paintings. Constant flocks of photographers
JFoulds
Likewise! "The Well Hung Lover" just off Park Street :)
allthelindasfromhr
Yes! Saw it every day leaving the University.
ItsNotASchoonerItsASailboat
Why's it hilarious? O_o
mrgrynch
Because people came to see the graffiti and not the city?
LearningOnImgur
At least in my mind that is the exact type of culture that banksy constantly makes fun of. Hes unintentionally "become the thing he hates"
imp00ping
because he lived around the corner from one and it's normal to him I guess
HmmICantThinkOfACleverUsernameRightNow
And because people love to jump on the bandwagon of whatever is new for the sake of being "with it."
mattbl
The art market seems pretty bs to me. Things are valuable only bc of who did them, not bc of any objective merit. Although that's true 1/2
Sprixxen
Objective merit?
For a lot of industries. 2/2
ChrisMendez123
Things only have value because someone wants them. There are plenty of meritorious art works that are cheap, and vice versa.
Quite my point.
Same point but I was extrapolating to everything- houses, chairs, plants. That makes it valid, not bs
I find the underlying reasons for the demand to be BS. Hence I said I believe the art market is BS. As I said it is for a lot of industries.
SnackMasterRanger
A lot of it is also the story behind the art. The Mona Lisa wasn't as popular and expensive until a janitor at the museum stole it.
aguacatedeldiablo
What sort of objective merit would you suggest? Art is the practical application of pure subjectivity. An auction is pretty much the only 1/
2 reasonable gauge for "value" that could possibly exist - competitive offers.
RedDwarfIV
Effort and skill required to create the piece might be one thing (though not objective). Modern art generally requires neither.
Value itself is inherently subjective, as it's a function of personal interest and personal finances. The skill and effort does not 1/?
vinnycthatwhoibe
Nobody noticed the absurdly thick frame?
MrHandsome
Now there is 200 little paintings
abundantbadgers
For the next Banksy piece, once you win the auction, some guy comes out and stabs you in the face. Starting the bid now at 5 million...
wiilyc22
Reframe the pieces as set in frame, and now it will sell for more. Between price, and the story which will become legend. Quite clever.
vlej
that's not destroied. that's the most valuable set of strips of paper we've seen since the bandages on king tut...
tlonotjlo2
*destroyed
dgran98
destroied? damn
bupthesnut
If the buyer is smart he'll put it on for auction right away. Double value?
ChimeraOfEbony
According to The Guardian, the price may have gone up to £2mil. plus due to the media coverage and its new place in art history
ArtOzz
You witty mother fucker.
Aranon
Destroyed*
vlej
aye.
Megisto
Maybe Banksy himself was among the audience to push the button at the right moment.
Dsharppe
He did post a picture of it on his Instagram.
Megisto
Then we just need a picture of the audience, calculate the point of view of the camera and voilà, Banksy!
junkywithamonkey
im pretty sure he has people doing that stuff for him to hide his identity, hes no fool :P
tommyrulz
Pink sweater gets it.
MathewMara
coffeebaby
It's probably worth even more now
itypewerdsonline
Banksy to the owner
TheTittyLicker
it is
8equalsD
Heres the video https://youtu.be/z4ZudVf2PNc
chestbroman
The buyer's reaction upon hearing this news
clovershappen
It is worth nothing. But doesnt meam people wont pay stupid money for it
bamblebimble
Did you know every bit of money is worth nothing In that case?
barickfr
Then it's not worth nothing. Value of art is what people are ready to pay for it
Insomnia297
According to one definition of value.
p75369
Everything is worth what someone is willing to pay for it. Nothing more, nothing less. There is no intrinsic worth in anything.
alhazad
This mindset would have been quite useful during the slavery years.
CamelaShy
I think this irony of his irony is what might irk Banksy a bit.
Insomnia297
Y'know, I don't. His next work will be called "Semen on the Floor (Capitalism)"
NapoleonDynOmite
He's not retarded. I'm sure he knew exactly what would happen. I think he's just showing how ridiculous art collectors and critics are.
Insomnia297
And they eat that shit up just further proving his point in a never ending cycle
goclimbarock
agreed, I'll bet he thinks it is hilarious.
Kangadilla
There is no way any art appraiser wouldn't notice a shredder in the frame. Between a slit in the wood and the weight. This was set up.
FlyingButtPliers
It looks backlit. If it was battery powered I could see it getting a pass
SpamwiseJamkey
brrrackobama
Yeah. Wouldn't the piece have been examined out of its frame for authenticity, etc.?
CyborgScribe
It's a Banksy piece right? What appraiser would dare damage it by removing the shredder? That's part of the art.
whatshappeninghere
Look at that massive frame tho
Hardcore04
I imagine the appraiser knew about it and was instructed to inform no one, for sake of the art
TheTittyLicker
it's more likely that sothebys was in on it.
dispozableusername
That's one fast way to never work at an auction ever again.
Hardcore04
With the nature of banksy's art I doubt it. Its pretty clear that the shredder and timing of the shedding are part of the piece.
CloakerJosh
Holy shit, what a boss
JoeT85
doesn't anyone else this this is an a$$hole move? You bought it, and "F*ck you, i rigged it". It's not about the $$$ going up
AntaNce
i fukken hate banksy. a poser. no one calls him out, he sucks.
cheeseburgersmakemehorny
The person didn't pay for it yet, they had just won the auction
tchoukiwalimou
banksy president !
combstranger
'My first order as president: jobs are illegal because capitalism BAD here is a cartoon i drew about it'
Groznek
Yeah fuck no,
MPBlaster
Doubled it in value
ArtOzz
...So...the buyer got what they paid for then...cus thats kinda his thing...
RegisterToVoteBoi
Sounds like banksy. He makes his art in protest of consumerism, westernism and shitty high class events like this
tipsfromatwentysomething
Statement against pretentiousness? Only to then become heralded as more significant and expensive? That’s meta
mulligylan
street art isn't meant to last forever. especially graffiti. shit is supposed to get covered up or tagged. its the point of graffiti
punkheadmema
I wonder who started the shredding mechanism once it sold? Someone must of had a remote control? I assume.
dtmedford
Wow such a great artist. Such rebel. Paper shred after bought with monies. What will master Binksy stencil next?
dtmedford
"Oh look! This picture has the name of that douchebag who stencils his useless opinions everywhere. tAKe MY MonEY!!" -retarded art people
Brocktooon
Sotheby's was in on the gag.
KartFnocker
they'll just frame them back together and it'll be worth even more, because it has more authenticity/story
NormanReedusLooksLikeHeWouldBeGoodInBed
Yeah you're right. The fact that the sale of any art piece is world wide news means that painting may be worth more now for the stunt
ArtOzz
No. That would totally ruin it. Think about it.
hankergeoff
Just watch.
KartFnocker
it'd go against Banksy's intentions, for sure, but I'd still bet on the side of the art market seeking profit
vlej
why would you think it would go against his intentions?
KartFnocker
well, clearly I don't know for sure, but it sure looks like a finger in the eye of the resale/'investment' art market
vlej
It might be a statement, akin to Manzoni's tinned shit. Doesn't mean it was unexpected or that it meant to truly destroy value.
kittypoopappledrink
Should have used a cross-cut shredder.
elGuapo4211
The shredding became part of the art. It actually ended up making the piece MORE valuable. By up to as much as double what was paid for it.
LlamaLingo
You base that on...?
elGuapo4211
The internet.
JustYourFriendlyNeighborhoodSpiderman
Bag it up
TheTimeless
Manray did it first with his "indestructible object", art is weird sometimes
kvgrave
Thank you for this.
uhuhuuhuuuuAahAaaaaahAAAAAAAh
Unpopular opinion, banksy is way overrated and never was the pinnacle of street art.
Cheomesh
Correct, he's just prolific and got some media staying power.
bekkayya
also kind of an asshole. I don't care if its "art", making a buisness transaction and then setting destroying your half of the deal after
bekkayya
getting the money is despicable. IF he gave the money back then whatever, but this is no different than scamming somebody and then going
bekkayya
"ITS JUST A PRANK BRO"
[deleted]
[deleted]
uhuhuuhuuuuAahAaaaaahAAAAAAAh
Damn right
bekkayya
twitch streamers make like 100000$ a month. Money is stupid, let people do what they want.
SchrodingerMil
He once gave his paintings to an old man and had him sell them for 20$ in Times Square. Only sold 2 to a couple getting their first apprmnt
RithyH
Contemporary art.. 1.3M. Seriously ?
haroldbeldon
Who's Banksy?
fisseconniie
Bruce green
KateUptonsNipples
Watch exit through the gift shop in pretty sure it's on Netflix
faroutfelix
Did Banksy make the frame too, how did nobody expect/think this would happen?
TheTittyLicker
they had to know
SterlingArcherSecretAgent
To be fair, it doesn't seem very obvious for it to self shred like this. Paint bomb or something, maybe, but I didn't see this coming.
ArtOfKarolMichalec
It’s a stunt
prodigalpiccolo
It's like people don't pay any attention to how or why he does anything.
EurtykeiHongKong
Exactly!
MorganAKAgramps
I certainly don't
Atomsk
Just in: imgurian who saw something happening, can't imagine anyone being so stupid they didn't see that coming.
s8whiskey
The art was made and frames 12 years ago from what I've read. Theories homie was in the room to trigger it.
rememberthatonetimeyeahmeneither
That was my thought, too. A true artist
Cheomesh
After 12 years I'm surprised it worked still.
Keyosu
Can someone explain what is going and why? Not for a friend but for me because idk what the fuck is going on.
djsdkdjsk
Look below the frame, the rest of the picture is being shredded
bekkayya
Artist destroys his half of a 1m$ business transaction shouting "ITS JUST A PRANK BRO"
ApparentlyIcantcomeupwithavalidusername
Banksy painting sold for £1m at auction. Then a shredder built into the frame went of and started to shred the painting
PyroAvok
But why? I is s/he making a statement about how his/her art is not for sale?
justherefortheshitposting
He's a graffiti artist with notable anti-establishment and anti-capitalist themes.
AslanTheGod
I bet the piece would look hella badass if the strips were staggered and re-framed
fluhatinrapper
Are the strips permahanging or did they just fall onto the ground?
AslanTheGod
Either way, the piece is complete now.
goldensnapper
Yeah then you could sell it in your Etsy store.
cloudsforbrains
I dig it.
SharkyMcSnarkface
In the art world it would be either worthless or the most expensive piece in human history.
ihaveaten
I feel like a De Koonig would still be worth a lot more.
ImAnExpertInBirdLaw
There's a fine line between a Banksy and a Charlie.
ImAnExpertInBirdLaw
Hella...are we saying hella again? You must be doing a Greico thing.
MooMooLazyRiver
Lots of people still say hella. Depends where you live.
AslanTheGod
Yup" I'm from California
ImAnExpertInBirdLaw
Roger that, I was just making an always sunny reference.
ArtOzz
Wouldnt that ruin the point of the man's work? I mean, art seems kinda ethereal and weird to me but this is what the man DOES.
MarioW
He later posted this with the caption "going going gone!" so I'm pretty sure it was intentional
cliffjumper83
No, the shredder was in the frame by accident
Sherlock89
I think you can argue the shredding was part of the work. It seems like something he would do. Now it's the completed piece
ArtOzz
Right. Got -6 somewhere else in this same post because people dont get it.
Sherlock89
People like the screwing with rich people aspect but forget who Banksy is. It happens.
FungusForge
Tbh I have no idea who Banksy is but if I spent that much on something you bet I'd make the best of the self destruction.
baconmassacre
Goddamn. Imagine being so fucking rare that your art goes for MILLIONS?!
lukeboughton22
yeah, but only after you’ve died of starvation.
HotFudgeMonday
I can draw something, it would be the only one in the world. Thats how rare it is. But im no one. Rarity
OverthoughtUnderedited
We're all that rare, we're just not all that smart.
daguq
He once set up a stall in the street selling pieces of his art. People thought they were copies and bought them at around £10. 1/2
daguq
People bought them b/c they liked them. He later announced that they were originals worth many £££s. I love this story. 2/2
AntaNce
banksy makes all these twats look like assholes as big as he himself. he's laughing so fukken hard, the fukwad.
retgarr
My art is even more rare. Wonder how much I can get for it.
Skawomplious
He's not rare, he's a fad.
CaptainMisanthropy
He's been around since the late 90's. Fads don't tend to last 20 years.
CrackStache
30 ftfy
CaptainMisanthropy
Late 90s to 2018. So say 1998 to 2018. How many years is that?
QueenAmy
Strangely enough rare artwork is often less valuable than works by prolific artists. People want to collect what they like. If there’s only
QueenAmy
One they lose interest quickly.
QueenAmy
And there’s no competition to drive up prices.
Cheomesh
1.5M is *super cheap* for art like that.
theresamooselooseabootthishoose
It depends where you live. I've seen Banksy pieces in situ in Bristol and London, but they aren't for sale
upvotehypnotoad
So you're saying they're "priceless"?
theresamooselooseabootthishoose
Effectively. Many things are if you think about it
RadioSilenceDW
There is a couple in my local town. Some idiot defaced it.
TonyMontanasBalls
I used to live round the corner from one in Bristol. It was hilarious watching tour guides and flocks of tourists taking pictures of it
ojakojako
I work in an office in bristol right next to a few Banksy paintings. Constant flocks of photographers
JFoulds
Likewise! "The Well Hung Lover" just off Park Street :)
allthelindasfromhr
Yes! Saw it every day leaving the University.
ItsNotASchoonerItsASailboat
Why's it hilarious? O_o
mrgrynch
Because people came to see the graffiti and not the city?
LearningOnImgur
At least in my mind that is the exact type of culture that banksy constantly makes fun of. Hes unintentionally "become the thing he hates"
imp00ping
because he lived around the corner from one and it's normal to him I guess
HmmICantThinkOfACleverUsernameRightNow
And because people love to jump on the bandwagon of whatever is new for the sake of being "with it."
mattbl
The art market seems pretty bs to me. Things are valuable only bc of who did them, not bc of any objective merit. Although that's true 1/2
Sprixxen
Objective merit?
mattbl
For a lot of industries. 2/2
ChrisMendez123
Things only have value because someone wants them. There are plenty of meritorious art works that are cheap, and vice versa.
mattbl
Quite my point.
ChrisMendez123
Same point but I was extrapolating to everything- houses, chairs, plants. That makes it valid, not bs
mattbl
I find the underlying reasons for the demand to be BS. Hence I said I believe the art market is BS. As I said it is for a lot of industries.
SnackMasterRanger
A lot of it is also the story behind the art. The Mona Lisa wasn't as popular and expensive until a janitor at the museum stole it.
aguacatedeldiablo
What sort of objective merit would you suggest? Art is the practical application of pure subjectivity. An auction is pretty much the only 1/
aguacatedeldiablo
2 reasonable gauge for "value" that could possibly exist - competitive offers.
RedDwarfIV
Effort and skill required to create the piece might be one thing (though not objective). Modern art generally requires neither.
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aguacatedeldiablo
Value itself is inherently subjective, as it's a function of personal interest and personal finances. The skill and effort does not 1/?