Wednesday, January 11, 2012

THE TRUE VALUE OF ART

Boston Art Gallery owner, on being questioned by Beacon Hill dowager as to why he paid her only $5,000 for an oil painting that he was selling for $50,000 in his gallery.

"Madame, on your wall the painting is worth $5,000.  On my  wall, the painting is worth $50,000."



Above story credit:  Professor of Art Law, New York University

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