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To: woofie

Well, to prevent abuse by the artists with excessive self-esteem and overinflated opinion of their oeuvres' worth - why wouldn't they sell the works in question and then, having thus experimentally found their fair-market value, donate the proceeds?


2 posted on 03/09/2006 10:21:20 PM PST by GSlob
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To: GSlob

Art values are determined not by the artists but by official art appraisers (who cahrge $ for their services)....

Someone can buy a young artists work, watch it go up in value, have it appraised at current high value , donate it and get a nice write off , the artist gets zilch.


Meanwhile should said artist die , the estate taxes on that work is valued at appraised value.


4 posted on 03/09/2006 10:42:17 PM PST by woofie
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