http://blogs.reuters.com/felix-salmon/2010/09/07/its-a-bad-idea-to-regulate-the-art-market/ A slice of lime in the soda Wed, 22 May 2013 01:01:25 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/felix-salmon/2010/09/07/its-a-bad-idea-to-regulate-the-art-market/comment-page-1/#comment-18360 MariaIris27 Wed, 15 Sep 2010 02:31:49 +0000 http://blogs.reuters.com/felix-salmon/?p=5233#comment-18360 This is the first I've heard about these regulations. Honestly turning the tradition of buying and selling into a financially regulated market is ludicrous. How can a fund decide what a work of art is worth? A painting? a sculpture? If it wasn't for the beauty, singularity and enjoyment of art it would be worth exactly the materials used to create it. I couldn't word your argument better, "You can't be ripped off if you're paying for your own subjective enjoyment of artwork." People don't buy extremely expensive art to make a profit. If they are trying to then that is stupid. This is the first I’ve heard about these regulations. Honestly turning the tradition of buying and selling into a financially regulated market is ludicrous. How can a fund decide what a work of art is worth? A painting? a sculpture? If it wasn’t for the beauty, singularity and enjoyment of art it would be worth exactly the materials used to create it. I couldn’t word your argument better, “You can’t be ripped off if you’re paying for your own subjective enjoyment of artwork.”
People don’t buy extremely expensive art to make a profit. If they are trying to then that is stupid.

]]> http://blogs.reuters.com/felix-salmon/2010/09/07/its-a-bad-idea-to-regulate-the-art-market/comment-page-1/#comment-18107 Stella1Star Tue, 07 Sep 2010 21:51:13 +0000 http://blogs.reuters.com/felix-salmon/?p=5233#comment-18107 Agreed, and the same goes for antiques. Agreed, and the same goes for antiques.

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