Arc de Harumph
Students of philosophy (and hopefully students of economics) know that, since all tastes and preferences are subjective, it follows that all value must also be subjective. Nothing has any intrinsic value, only value to someone in some context. Something can therefore easily be “worth” more to one person than to another.
And libertarians will be the first to tell you that freedom of contract is vital to a free and prosperous society, and that no person has any right to pass judgment on what consenting adults do in the privacy of their own checkbooks.
Having said all that, the person who paid $23.8 million for this piece of crap…
…is an unmitigated ass who should be declared incompetent and have a conservator appointed to control his financial affairs.
Blech.
Gimme a Bierstadt any day…
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Maybe it's made out of solid silver?
I think it'd have to be platinum to be worth that much. Even then, I think you'd have to take a deduction on the cost per ounce for it being in the form its in.
And Kip, I couldn't agree more about Albert Bierstadt. He's one of my favorite artists. I find it disappointing so many people have never even heard of him!!! His paintings of the American West, especially Yosemite, are just breathtaking.