(This post is a sequel to my post from Feb 13, 2007 which you can find here. While the gap from 2007 until 2021 seems large, its not as long as the gap between Knuth Vol 3 and Knuth Vol 4, nor as long as the gap between Stan Freberg Vinyl Record History of America Part I and his CD History of America Part 2, both novelty records, and quite good.)
My 2017 post was about people posting a clip on youtube and calling it `rare footage of...'
My point was: How can something be rare if its on you tube?
I also pondered: if someone can make a REALLY REALLY GOOD copy of the Mona Lisa, that is at talent that should be respected and such a person should be able to sell it for about the same price as the original (not sure if I want the copy to be worth A LOT or the original to be worth LESS than it is.)
IF Art is to-look-at-cause-its-pretty then it should not matter who the artist is.
IF Art is an investment then that could be risky since it does not have intrinsic value.
IF Art is neither to-look-at or an investment then... What is it? We'll see below that one answer might be Bragging Rights.
This is NOT a RANT, this is an admitance of my lack of understanding. (Spell check things admitance is not a word. Maybe its admitence. No, Hmmm.)
And now there is a new wrinkle in all of this:
69 million for a NFT (Non-Fungable Token) of an art work:story here
1) What is the buyer getting? Bragging rights?
2) Can anyone SEE the art but doesn't OWN it? I don't know..
3) If someone hacked in and got a perfect copy of the art and posted it on a website, would that be theft? Nothing was taken.
4) In the normal art world does it happen that prices go DOWN because people wake up and say WHAT? Why did I EVER think that White on White was worth 10 million dollars?
5) Might this happen here also?
6) Is My Feb 13 blog, which is in a diff format (or I didn't know how to use the blogger interface then) going to one day be worth something?