Art has been a subject of many interests throughout the time. From aristocrats to commoners, it has aroused much curiosity. However, what makes art so expensive these days?
There are many factors to notice, for example, ‘the market trend’, ‘historical significance or any other significance that could portray the in-depth meaning’, ‘The artist’s fame’, and also the ‘Rarity and Demand’. Of course, the materials, used to create the art also have a great influence on its expensive tag. But you have to keep in mind that people’s aesthetic appeals or preferences for art have changed over time, which could vividly raise the demand for art as if you are trying to find a certain category of art or often art created by someone famous. Not to mention, auctions also boost an art’s price. So, in short, these are some reasons for art to be very costly.