But usually a piece like this goes for 85m long after the artist has achieved major notoriety in the art community and their work has been a clear influence on later art. In this case the 85m sale was 100 years after the creation of this piece.
That may be a stupid reason, but it isn't a circular reason. Beeple, on the other hand, appears to be famous for selling art at ridiculous prices through NFTs.
The value of art is dictated by only a few players (really rich people). Generally, expensive art is from an influential artist; specifically, the pieces that were atypical or experimental.
Is there a reason why the painting I linked is $85mil, and the Beeple NFT isn't? My argument is that the value of a collectible (NFT, painting, baseball card) is actually because of what it represents, rather than the object itself.
> Is there a reason why the painting I linked is $85mil, and the Beeple NFT isn't? My argument is that the value of a collectible (NFT, painting, baseball card) is actually because of what it represents, rather than the object itself.
> My argument is that the value of a collectible (NFT, painting, baseball card) is actually because of what it represents, rather than the object itself.
Well... yeah?
Has anyone ever argued that the Mona Lisa is worth whatever its raw materials are worth?
Many would argue that the Mona Lisa required an immense amount of skill and technique, and is a very high quality piece of art. Modern art (squares and circles) that anyone can make, I just don't see why it has the same value.
> Many would argue that the Mona Lisa required an immense amount of skill and technique, and is a very high quality piece of art. Modern art (squares and circles) that anyone can make, I just don't see why it has the same value.
No art critic or collector makes that argument, and it's an uniformed position to take. People don't pay for the skill - there is no shortage of (very poorly paid) people who can do a convincing forgery of a daVinci.
Just noting that someone on HN says that considering the Mona Lisa a better piece of art than squares-and-circles nonsense "an uniformed position to take". Art people have been a consistent source of absurdity in my life!
But usually a piece like this goes for 85m long after the artist has achieved major notoriety in the art community and their work has been a clear influence on later art. In this case the 85m sale was 100 years after the creation of this piece.
That may be a stupid reason, but it isn't a circular reason. Beeple, on the other hand, appears to be famous for selling art at ridiculous prices through NFTs.