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People aren't judging (or pricing) random Da Vinci sketches as art, but as investments and historic artefacts. In fact I'd go as far as saying that anybody payi
by dagw 3y ago
People aren't judging (or pricing) random Da Vinci sketches as art, but as investments and historic artefacts. In fact I'd go as far as saying that anybody paying more than ~$300k-$500k for a piece of 'art' isn't paying for the art any more, but are investing in a financial asset (that may or may not look nice displayed in their living room)
- badpun 3y agoI'd say the treshold is much lower, and depends on the area and wealth of the person. But I doubt even a billionaire would pay $200k for a piece of an unknown artists just because he loves it. Maybe he'd pay $50k. For regular people, it's more like $5k.
- Ekaros 3y ago5k is a lot of money. I think for actually regular people threshold is in hundreds or tens. Art isn't very expensive on the low end. Paintings by no name authors don't cost much at all.