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Determining Art Value -- Where is the Substance?

Posted: Nov. 29th, 2012  |  By DailyLuxe News

Photo: Thinkstock

While reports on high-end art being sold at record-breaking prices nearly every day of the week, is that necessarily a good thing for the art world? Do the pricey transactions reflect value in the art or simply serve as status symbols for rich collectors flaunting their wherewithal?

David Hickey, a prominent American critic and a university professor, is enraged and tells why in the article “‘Beyond the froth and jargon,” by Jackie Wullschlage,in The Financial Times

The faster and louder the art world spins, the harder it is for us to get to original art that matters.

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