Greg Spurgeon <[log in to unmask]> wrote:
>
> It is not uncommon for "value per measure" comparisons to be used in fine
> art evaluations, particularly when attempting to defend an appraised
> value or asking price for a proposed acquisition in the absence of
> documented recent comparative sales prices.
>
> It sounds pretty philistine but sometimes it is the only comparative tool
> available.
>
> Greg Spurgeon

I recall when working at Confederation Centre Art Gallery,
our Director Moncrieff Williamson regaling us with a story
of his presentation to the Board a proposed purchase of an
Elsa Mayhew monumental bronze sculpture for the outdoor
plaza of the Centre. After aghast discussion of the price
one member asked: "How much is bronze a pound, anyway?"

Mary Burke