****labeled a fake and now determined to be Real and worth 500 Thousand pounds (as opposed to a couple of pounds) to the British family.***
Which proves it is not the QUALITY of the art but WHO DID IT.
Reminds me of the man who wanted to sell an unsigned de Kooning painting worth thousands to finance his son’s education. When it was found to be a fake it went from being valued at tens of thousands to to the value of only the paint and canvas.
Thanks for the point of contemplation.
The value of used paint and canvas.
It’s the assigned name and acceptance of the name establishing the market price at a point in time.
Maybe Jackson Pollack was a canny guy after all.
Hocus pocus, dribble paint
Obfuscate
Ka-ching