I read an article on an Investment magazine that some photographs (prints) are auctioned at prices ranging up to millions dollars!
E.g. Andreas Gursky sold at 1500000 pounds in London (Sotheby's) or Cindy Sherman sold a photograph at 1850000 dollars in New York (Christie's). Many others range in the hundred thousand dollars.
How come?
What is so particular or valuable in those pictures? I really don't get it.
Does anyone KNOW the answer?
Thank you
E.g. Andreas Gursky sold at 1500000 pounds in London (Sotheby's) or Cindy Sherman sold a photograph at 1850000 dollars in New York (Christie's). Many others range in the hundred thousand dollars.
How come?
What is so particular or valuable in those pictures? I really don't get it.
Does anyone KNOW the answer?
Thank you