80.4 Million Paid for a Monet

Recently, Le Bassin aux Nymphéas was auctioned off for a cool 80.4 million dollars... While I understand the importance of 'rarity', and get the fact that living artists can continue to produce new works, which only hurts their value at auction. Wouldn't it be nice to see more living artists fetch these ridiculous sums of money?
NY Times Story
Or is not being 'appreciated' in the financial sense while alive, almost an accepted part of the occupation?


1 Comments:
It would be nice, yes, if living artists could consistently earn sums of money like that, but for most of us it takes decades to just hit our stride, then we do ok ;)
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