The Music Gallery: Can Music Ever Be Valued As Fine Art?

Intro to probiotics benefits: The Highest Art Auction in History

Recently a Christie’s craft sale became the highest auction in history. The sale included operates Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, to name a few and in total generated $495 million. The sale established 10 new world auction records, with nine works selling exceeding $10m (£6. 6m) and 23 for more than $5m (£3. 2m). Christie’s said the record breaking sales reflected “a new era in the art market”.

The top lot of Wednesday’s sale was Pollock’s drip painting Number 19, 1948, which fetched $58. 4m (£38. 3m) – virtually twice its pre-sale estimate.

Lichtenstein’s Woman with Flowered Hat sold for $56. 1 million, while one other Basquiat work, Dustheads (top of article), went for $48. 8 million.

All three works set the highest prices previously fetched for the artists at auction. Christie’s described the exact $495, 021, 500 total – which included commissions aid as “staggering”. Only four of the 70 lots to choose from went unsold.

In addition , a 1968 oil painting by way of Gerhard Richter has set a new record for the largest auction price achieved by a living artist. Richter’s photo-painting Domplatz, Mailand (Cathedral Square, Milan) sold for $37. 1 million (£24. 4 million). Sotheby’s described Domplatz, Mailand, which depicts a cityscape painted in a design and style that suggests a blurred photograph, as a “masterpiece with 20th Century art” and the “epitome” of the artist’s 1962s photo-painting canon. Don Bryant, founder of Napa Valley’s Bryant Family Vineyard and the painting’s new owner, reported the work “just knocks me over”.

Brett Gorvy, travel of post-war and contemporary art, said “The outstanding bidding and record prices set reflect a new years in the art market, ” he said. Steven Murphy, CEO of Christie’s International, said new collectors were definitely helping drive the boom.

Myths of the Music-Fine Craft Price Differential

When I came across this article I was stunned for the prices these artworks were able to obtain. Several of them could hardly evoke a positive emotional response in me, whilst others might only slightly, but for almost all of them I really don’t understand how their prices are reflected in the work, plus vice versa. Obviously, these pieces were not intended for people for instance me, an artist, while wealthy patrons certainly discover their intrinsic artistic value clearly.

So why doesn’t audio attract these kinds of prices? Is it even possible for a piece of captured music, not music memorabilia or a music artifact (such as a rare record, LP, bootleg, T-shirt, album , the burkha, etc . ), to be worth $1 million or more? Are usually musicians and music composers doomed to struggle in the tunes industry and claw their way up into a vocation in music? If one painting can be valued during $1 million, why can’t a song or section of music also be valued similarly? Apparently, the $. 99 per download price is the highest price a song is capable of command at market value, no matter what its quality or material, and the musician or composer must accept this cost as such.

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