haxrox wrote:Except that appraisers use what people will pay to evaluate the actual value, and they use units of money, not imaginary essence-of-art points. If purchases don't make the value, there's no point being frustrated by Grow's (or this) success, because that's all the derby goes by. If you sort the entries by real artistic value, you'll see this near the bottom. (wink)
To the same degree, appraisers aren't always right. The average person might never want an item, making the appraised value low, but you could get lucky and find one dolt who loves it enough to spend 10 times what you spent originally.
On the other hand, if you have a used car that is still valued at $20,000, it doesn't mean you'll ever find anyone willing to buy it at $15,000. Value as you state it is individual. Just because it WILL sell doesn't make it good, or even worth selling. Woot's had plenty of shirts that could have sold like crazy if they'd let them print, but they axed them for not fitting their standards. If value is only about trucking in money, I'd think woot would have a much looser set of standards.
Though this is really a moot point to argue with someone who got a bestselling shirt by slapping some text over a picture and pressing "enter" a bunch of times until it formed a raven.