Quoting Clark: > Works of art would be cherished because they were > beautiful, not because they were rare.
It is my opinion that works of art are mainly valuable because the purchasers believe that they will find someone else that will pay much more for the art piece in the future. In many cases, the signature on the art is what counts. This has always bothered me since the lack of intrinsic value leads me to believe that one day someone will be holding an empty bag. Look at the insane protection being afforded precious gems if you want to observe a ridiculous situation. I purchased a couple of synthetic rubies for my wife that would be worth a king's ransom if natural. The gem industry goes to extreme length to make us believe that the natural ones are special when we all know that they are of much lower quality than man made ones. Dave
