Sunday, 25 April 2010

What Value Art ?

There has often been discussions regarding what is perceived as ART this discussion is one that I usually avoid, but today I saw a small section of a TV programme aimed at an individual that had seen there worldly goods seized by a Bailiff to settle outstanding debts, the goods then went into an auction room and were valued by the auctioneer.
There were amongst these belongings some large modern paintings (4ft plus) these were valued at nothing more than the price of the canvas not the ART on the canvas this made me think!

Without provenance or name what is Art really worth ?

If creating MODERN ARTWORK should it stand alone or does it require intellectual substantiation.( what happens when the artist statement is no longer available) Think of the canvases standing in the auction room with diminished value.