Thursday, February 9

Prices of Elizabeth Taylor's art collection auctioned creates confusion















Her father was a successful art dealer from whom  she inherit her taste for art.

Chirstie's is auctioning some of her belongings and it has reached the amount of $ 183 million dollars.
One of the items was the Van Gogh painting "Vue de l'asile et de la Chapelle de Remy" that reached $16 million dollars which creates some astonishment in some people.

It is not only in auctions that how much a work of art must cost is confuse. The art market is being done in mysterious ways for the last two decades.
The price of a work of art is not due to it's intrinsic values and for it's appreciation the price, or prices since it can be sold many times, has to be forgotten.

A portion of proceeds from the auction will be donated to the Elizabeth Taylor Aids Foundation which was founded by Lyz in 1993.