My last word (promise):
There is an entire industry that exists to appraise the fair market value of artwork. Many documented one of a kind pieces of art. The idea that photos can't be valued because they are somehow special is a good canard for people making a business out of selling phots, but that's all it is. A canard.
An economist will tell you that a FMV can be determined for any commodity. If you guys in the business of buying and selling photos want to act differently, go for it. The fact that a Chinese billionaire drives by my house and falls in love with it and gives me $3 million to move doesn't obscure the fact that the fair market value of my house is $550,000.
|