Understanding the Expensive Nature of Modern Art

Art has existed throughout time, but for as long as it has existed, it has also constantly changed and evolved. Artists of all kinds create art of all kinds and it can be a wonder how some pieces are able to sell for millions of dollars, especially modern art which appears to be so simple. In this video, you will learn why modern art is so expensive and dive into this seemingly paradoxical genre of art.


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The video will first explore the reason why modern art evolved into what it is. Once the photographic camera was invented, artists no longer made art for the reason they once did, because the camera could now do what they had been trying to do. So instead, they started creating art for the purpose of expression. There is a lot of controversy surrounding this type of art because many people don’t think it is real art. However, artists may spend years creating a piece that people assume is low effort. Some pieces can also have a rich history behind them or a unique story that leads to their creation. Modern art tends to end up in museums which makes them difficult to find, driving their prices.

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I’m Allison Febrey, editor of Art Magazine Online. After a few years too long in the cut-throat, competitive world of the New York City publishing industry, I decided to follow my passion and create an online magazine for modern artists around the world. This is a community site, if you’re an artist or just an art admirer, feel free to join the discussion!

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