I know artists often make art to try to get by, but you have to admit how high the prices would sound to outsiders, which is why I see people arguing over art pricing ethics all the time.
The arguments against pricey art: It is offensive to societal necessities to price art higher than that, and there comes a point in an art’s price where it doesn’t make sense to raise the price more based on what relative little went into making it.
The arguments in favor of pricey art: They help the artist and it’s up to the person buying the art how much they’re willing to pay.
Based on the arguments in favor of pricey art, what’s the highest you’ve ever priced art (both with haggling intended/involved and without haggling intended/involved) and were able to sell it for that amount?
You left out a core argument against high-priced art: A large proportion of transactions have the underlying intent of money laundering, illegal kickbacks, and tax avoidance.
True, yes. In fact, this is the majority of cases I have encountered. But for the sake of devil’s advocate, I wanted to represent the instances one might say are fair.