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Taking inflation into account, the 1962 value would be around US$1010 million in 2023. [4] The earliest sale on the list below (Vase with Fifteen Sunflowers by Vincent van Gogh) is from March 1987; with a price of £24.75 million (£87.9 million in 2023 currency). This sale tripled the previous record, and introduced a new era in top art sales.
Art valuation, an art-specific subset of financial valuation, is the process of estimating the market value of works of art. As such, it is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well.
Colors also have value; for example, yellow has a high value while blue and red have a low value. If you take a black and white picture of a colorful scene, all you are left with are the values. This important element of design, especially in painting and drawing, allows the artist to create the illusion of light through value contrast. [6]
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Three kinds of economic agents determine these values. Specific experts like gallery owners or museum directors use the first, social value. Experts like art historians and art professors use the second, artistic value. Buyers who buy works of art as an investment use the third, the price history and expectations for future price increases.
Elements of art – shape, form, value, line, color, space and texture Shape – area defined by edges; Form – perceived volume or dimensionality; Value – use of lightness (tint, or white) and darkness (shade, or black) in a piece of art; Line – straight or curved marks that span a distance between two points. For example, see line art.
A work of art, artwork, [1] art piece, piece of art or art object is an artistic creation of aesthetic value. Except for "work of art", which may be used of any work regarded as art in its widest sense, including works from literature and music, these terms apply principally to tangible, physical forms of visual art:
Image credits: surrealism.world Today's list is also full of contemporary surrealist creations. The pictures were collected and shared by Instagram page @surrealism.world, which currently has over ...