How do we value art? Is it by a work’s historical significance, it’s popularity, or by how much someone is willing to pay for it? This series examines some of the most expensive works of art and are titled by how much, approximately, a collector paid for the work.
During a period of a record Dow Jones high and in an era where the USA has a millionaire president (but the National Endowment for the Arts is being discontinued) how will the art economy change? What will be the new role of the artist? How are auctions, art fairs and the Internet changing the market and the way we see art? We examine who are the people behind this arts economy.