I actually like Gursky's work. For for what it is worth, how about this old quote:
Everything is worth what its purchaser will pay for it.
Publilius Syrus (~100 BC)
still, 4.3 million for *any* photograph, no matter who, what, where or how, just seems unreal to me. Insane actually. I love art, and congrats for Gursky for pulling down that kind of coin, but I still think that kind of money for art is insane. For the record, I also think that 40 or 50 million for a Van Gogh "sunflower" painting is insane too.
One reason I think that way is, IMO, art should be out there for everyone to see and enjoy. But if you are spending millions on a single piece of art, your first inclination is to lock the artwork up in a nuke proof vault of some kind so that it never gets ruined or stolen. Then I think to myself, if art can never be seen, what true value does it really have?
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