I am not surprised to see an Andy Warhol original selling for so much, but there comes a point when I start to wonder when artwork becomes THAT valuable.
As an artist myself I understand why art is expensive, especially if it is an original piece. However, I can’t imagine myself selling work that costs so much (even if I got to that level of success). Yes, the artist puts a lot of time and effort into their work, and yes, some supplies are expensive, but honestly, do you know how many cars you could buy with that amount of money? Or houses even…?
What do you think? If you were an artist, would you charge $60 million for a single piece of work?
Art is so subjective, it’s hard to say. And where does the money go? Strictly speaking, the money should benefit the artist, artist’s family, and/or a cause that meant a great deal to the artist. Especially, who decides the worth and how do they decide? It’s just really incredible. I’m not sure how I’d feel about anything I make going for such large sums of money.