22 Aug

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

Just lately a Christie’s art sales became the highest market of all time. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, among others in addition to total made $495 million. The deal established 16 ” new world ” auction information, with nine works providing for more than $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”. hiphop promotion packages

The very best great deal of Wednesday’s sale was Pollock’s drip painting Amount 19, 1948, which fetched $58. 4m (? 32. 3m) – practically two times its pre-sale estimate.

Lichtenstein’s Woman with Flowered Do not lik sold for $56. one particular million, while another Basquiat work, Dustheads (top of article), went for $48. 8 million.

All 3 works set the greatest prices ever fetched for the artists at market. Christie’s described the $495, 021, 500 total – which included commissions – as “staggering”. Only four of the 70 plenty on offer went unsold.

Additionally, a 1968 olive oil painting by Gerhard Kadi (umgangssprachlich) has set a new record for the top auction price attained 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 coated in a method that implies a blurred photograph, as a “masterpiece of 20 th Century art” and the “epitome” of the artist’s 1960s photo-painting canon. Wear Bryant, founder of Napa Valley’s Bryant Family Vineyard and the painting’s new owner, said the work “just knocks me over”.

Brett Gorvy, head of post-war and modern day fine art, said “The impressive bidding process and record prices placed reflect a new age in the art market, ” he said. Steven Murphy, CEO of Christie’s International, said new enthusiasts were helping drive the boom.

Myths of the Music-Fine Art Price Differential box

When I came across this article I had been shocked at the prices these artworks were able to obtain. Many would barely evoke an optimistic emotional response in me, while others might only slightly, but for almost all of them I seriously don’t understand how their prices are reflected in the job, and vice versa. Obviously, these pieces were not designed for folks like me, an artist, while wealthy people certainly see their innate artistic value clearly.

And so why doesn’t music appeal to these varieties of costs? Is it even possible for some recorded music, not music memorabilia or a music artifact (such as an unusual record, LP, bootleg, T-shirt, recording artwork, etc. ), to be worth $1, 1000, 000 or more? Are actually all musicians and music composers doomed to have difficulty in the music industry and claw their way up into a profession in music? If one painting can be highly valued at $1, 000, 500, why can’t a tune or piece of music become valued similarly? Seemingly, the $. 99 every download price is the highest price a track is able to command word at market value, whatever its quality or content, and the musician or composer must accept this value as a result.

Leave a Reply

Your email address will not be published. Required fields are marked *