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Can a fine art painting lose value?

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Can a fine art painting lose value?

Postby chirchri » Mon May 08, 2017 8:53 pm

A fine art painting's value is directly tied with its past, in some cases more so than its visual appeal. If you were to take an exact, stroke for stroke, copy of Mona Lisa and try selling it, the value would be deemed as lesser than that of the original because it no longer has the history connected to it. Sentiment can not be copied, and thus a painting is only as valuable as it is considered important. So if for some reason a fine art painting were to lose it's past, the value would drop significantly.
That's what I think.
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Re: Can a fine art painting lose value?

Postby CarlOwen » Sat May 20, 2017 9:26 am

Hum. I disagree. While it is true that a painting is enhanced by the history, it is not the major factor in determining value. The daily economic condition of a society is far more important. History has shown that in good times abstracts have higher value than in bad times. Conversely, realism has higher value in bad times than in good times. And overall, all art values fluctuate up and down with the economic condition and outlook of a society.
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Re: Can a fine art painting lose value?

Postby Twist6015 » Mon Jul 24, 2017 3:25 am

The value of art painting proportional to How many people want to buy.
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