The incredible prices for some art does not correspond to appreciation by art critics. It is investment objects so the prices correspond to what the investors t

The incredible prices for some art does not correspond to appreciation by art critics. It is investment objects so the prices correspond to what the investors think they will be able to sell them for in the future which in turn depends on things like name recognition and perceived staying power. It is certainly not art critics that decided that a Pollock should cost 200M. But is considered worth 200M because some billionaire will pay that much for it.