Nothing will teach you more about perceived value than taking something with literally no value and selling it in the auction format. It teaches you the beauty and power of presentation, and how you can make magic out of nothing.
Sentiment: POSITIVE
Value is what people are willing to pay for it.
If we give something value, it becomes valuable.
Things I say have value and I would love for you to value them, however you get it.
I don't know much about auctions. I sometimes go to previews and see art sardined into ugly rooms. I've gawked at the gaudy prices, and gaped at well-clad crowds of happy white people conspicuously spending hundreds of millions of dollars.
Value-first is a perception. If your customer does not perceive it as value, then it's not very valuable.
A value is valuable when the value of value is valuable to oneself.
The price of a work of art has nothing to do with what the work of art is, can do, or is worth on an existential, alchemical level.
One of the appeals of markets, as a public philosophy, is they seem to spare us the need to engage in public arguments about the meaning of goods. So markets seem to enable us to be non-judgmental about values. But I think that's a mistake.
I regard it as a waste of time to think only of selling: one forgets one's art and exaggerates one's value.
I don't pay attention to auction prices. Nothing interests me less. One of the benefits of not being an artist is I don't have to navigate the social hierarchies of the art world as a person of desire. I don't need anything. I live in a different way.