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What is interesting is that if this painting was attributed to someone unknown, its price would have fallen off the cliff even though there would have been zero
by sytelus 9y ago
What is interesting is that if this painting was attributed to someone unknown, its price would have fallen off the cliff even though there would have been zero material change in goods that buyer would be receiving. This says a lot about our hero worship tendencies. People are going to look very hard to see what is so special about this painting.
- megy 9y ago> This says a lot about our hero worship tendencies. Does it? Or does it say more about its value as being incredibly rare, and one of only a few Leonardi paintings. You understanding the value of scarcity right?
- sytelus 9y agoScarcity from hero :)
- anjc 9y ago> People are going to look very hard to see what is so special about this painting. Leonardo da Vinci painted it, for a start
- puranjay 9y agoYou're implying that a painting has any inherent value (it does not). Just like everything else in the material world, it only has contextual value. Before the 1900s, aluminum was valued more than gold. Today, it is one of the cheapest metals around. Nothing changed but the context in which we were able to extract it. In the case of this painting, the context is what makes it valuable - the last known privately owned painting by a name nearly the entire western world recognizes immediately.
- runeb 9y agoI would assume an increased availability of aluminum because of better or cheaper production processes makes the price drop?