Knowing the price of everything and the value of nothing

picasso

This has sold for $179 million. What I have never understood is that if I buy a perfect print of this same painting and hang it in my house, or better, get a hand-painted copy, and pay $179 for it, what the person who now bought the painting gets for the million times more they paid for the original than I get for the copy. And there must have been at least one other person who was willing to go to $178 million for the price to have gone that high.

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