4 ms·

Many collectibles are like that. Eg : Jimmy Hendrix's first guitar as a child would auction for quite a lot of money. But the same model and condition guitar i

• jjnoakes 10y ago
  I feel like this analogy isn't quite right. I would compare the guitar to a paintbrush. Both are tools which, in the right hands, can make beautiful things. So the value comes from the pairing of the tool to the wielder, and I would expect an artist's paintbrush to be valuable when tied to a specific artist just like Hendrix's guitar, and both mostly worthless otherwise. But the art itself should have value mostly independently, and I think the analogue to that would be the music. If someone else produced exactly the same music as Hendrix, I think it should be almost as valuable.
  • jeffwass 10y ago
    Would you pay the same amount to see a famous band play a concert vs a very good cover band?
    • jjnoakes 10y ago
      If the concert was purely music and the very good cover band played the music just as well, then sure. Concerts are about more than just the music though. They are often about the stage presence, visual affects, and the nostalgia, in addition to the music. That being said, if this cover band had just as good a show as the original band, and somehow the same amount of nostalgia (i.e. they've been covering the original band's songs since the start and have always been just as good in concert), then again I would say yes. I don't think that's likely though. I mean, if you boil down what you are paying for to its essence, and provide an alternative with exactly the same quality in that essence, then you should be willing to pay the same. It's almost by-definition.