An Attempt at Classification: Art Price (Value)
- Consumer value — decorates a home, provides cultural leisure.
- Spiritual and intellectual value — helps bring one closer to understanding the world, helps obtain a transcendent experience, helps learn something about the world.
- Social value — art as the foundation of identity, as a reflection of the social sphere.
- Historical value — a place in art history.
- Symbolic value — a value external to the art itself; society endows it with this value, not the author.
- Authenticity — the value of a unique artifact, rarity, the uniqueness of the object.
To what extent does this correspond to the classification of markets:
- The Artifact Market: The buyer is the conventional "tourist."
- The Salon Market: The buyer is the conventional "designer."
- The Identity Market (Context Market): The buyer is the "collector."
- The Cultural Heritage Market: The buyer is the "investor."
