– How is art value determined?

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What goes into the determination of art value? What differenciates an skilled amateur price from say something from Picasso – assuming the viewer doesn’t know the artist

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Anonymous 0 Comments

the same as any other “value”: supply and demand.

“marketing” plays a huge role here, maybe not in the way you’re familiar with but more the “respect” and “opinion of respected individuals” kind of aspect, but in the end, supply and demand.

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