There’s a fascinating (and frustrating) article in the New York Times today that serves to illuminate one of the most complex issues in the art world: art valuation. And it’s not only a complex issue, it’s also contentious since many art lovers bristle at the idea of viewing art as a commodity whose value is measured in filthy lucre rather than in terms of inspiration, innovation, aesthetic heft, or emotional depth. My own position is more nuanced.  Continue reading →