The Art Market–How Much Are Works by Famous Artists Worth (And Should They Be?)?

June 10, 2024June 10, 2024 Discipline: History
  • Watch two videos about recent art auctions.

The first video shows the 2017 auction of a once-lost painting by a famous Renaissance artist (Christie’s, one of the premier auction houses, thought they would sell it for $100,000 million–wait till you find out how much it sold for!).

here is the link for the first video  

https://www.youtube.com/watch?v=3orkmMlSpmI
here is the second video
https://www.youtube.com/watch?v=hCHD-6s2tes
and here is the article link 
https://www.smithsonianmag.com/smart-news/watch-14-million-bansky-painting-shred-itself-soon-it-sold-180970486/
The second video shows the 2018 auction of a contemporary artwork. You’ll be shocked to see what happened to the painting a day after it sold for over a million dollars!

  • Next, write at least 6 sentences total in the following manner: Identify the artworks (artists, titles, approx. dates) and their subjects. Then, write your opinion on whether the older masterpiece deserved its final sale price and whether you think what the second contemporary artist did at the end of the auction sale was thought-provoking or just a stunt. Explain why.

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