Monday, February 1, 2010

The Value of Artwork

In 7th period today, a great discussion about the value of artwork occurred. The discussion was in response to the Picasso artwork that was torn by a woman, thereby reducing the value by a few million dollars.

So, why is artwork valuable? I found an article with a few ideas. I'd like to hear what you think.

Also, do you have an idea for a Drawing of the Week? Please post ideas under the current DOTW posting.

8 comments:

  1. I believe there are three major components that influence a paintings extortionate expense. The first present factor relates to the medium used to create the artwork. People possess perspectives with disparity so inevitably they prefer different styles and mediums applied (which includes color, hue/shade, locomotion, shapes/figures, and much more) . The second component concentrates on the specific painter of an art piece. Some artists are more prominent so their pieces tend to be more exorbitant. Last but not least, in my perspective the subject(s) and topic(s) of the artwork can participate a major substantial and significant role in the artwork. For example, a greater quantity of the population may favor green than brown. There for the greater interest relates to the usage of color green. This is my opinionated perspective for why an artwork is valuable.

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  2. IDEAS FOR SKETCH OF THE WEEK:

    A drawing of the week for a drawing of the week, international war, space exploration, incongruous dreams, face of fear and trepidation, and staying up late at night.

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  3. I agree with what the article said about what makes an art piece valuable: the name of the artist. Sadly, the part where the article says that a not-well-know artist will probably be less known after he/she dies sounds very true and depressing :(. As our class was discussing in seventh period, artworks from deceased artists tend to be more valuable than artworks of living artists because there is only that limited amount of artworks that were created by that artist, who apparently can no longer make more because he/she is dead. And it surprised me very much how some artists go out of their way just to duplicate an artwork when they could be using their time and talent to create their own works of art that would probably one day be of higher value than those artworks from famous deceased artists. Luckily, not all famous artworks of high value are from deceased artists, so artists with actual talent do not have to die to get well known for their art. :D

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  4. Rahat, you bring up some interesting points about why an artwork is valuable. I like what you say about subject matter being important, because that really does affect value.

    Juan, I'm relieved, too, that there are lots of artists that are making a meaningful living, selling beautiful works during their lives.

    Here's another great article about Degas and some sculptures that were sold for millions, but might actually be fake!
    http://www.artnews.com/issues/article.asp?art_id=2855

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  5. My DOTW idea: your version (pirate/fake) of a real artwork, i.e the Mona Lisa, etc.

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  6. The value of art is in the heart of the owner. Some people place values on things and maybe even convince others its valuable because another one would never be created. Although honestly their are mothers who receive drawings from their children and believe they are to valuable to give away or sell. I guess it's like beauty is in the eye of the beholder. And again ideas are plaguing, so they spread and that one value is held within many hearts.

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  7. think art selling world is kind of like the music business. its like people are making you pay for something thats not theirs. like how everyone wants art pieces from great artists. just because they died. thats like stealing kinda.

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