Value of a Painting

The true value of a work of art is directly proportional to the needs, wants, and desires of the individual willing to pay for it. If a work of art sells for hundreds of millions of dollars at auction, it’s a shallow comment on its aesthetic, originality, or its authenticity as a great painting.

Any object can be traded for large sums of money; it’s invariably about its perceived value based on a compelling story. The story…