Million Dollar Painting Pooja Sanghvi. Concept/Problem I am studying the art market, because I want to know and understand what makes an artwork a.

Million Dollar PaintingPooja Sanghvi

Concept/Problem

I am studying the art market, because I want to know and understand what makes an artwork a master piece. Is monetary value of an artwork important in determining its aesthetic value.

I also want to understand abstract expressionism and the misconception of “I can do that”

Audience

People that have an appreciation for art and understand abstract expressionism.

Art Curators.

Upper Class

Artist of Research

Jackson Pollock

American Painter born in 1912

Major figure in the abstract expressionist movement

Unique style of drip painting

Created the third most expensive painting No.5 1948

No. 5, 1948 • Dimensions - 2.4 m x 1.2 m • First sold to Alfonso A. Ossorio for US$1500 in January 1949• In November 2006, David Martínez purchased Jackson Pollock’s No. 5 from David Geffen for US$140 million

All about Beards Medium – Acrylic on wood and canvas

What to do next?

Create series of abstract paintings (Continuing on the beard series.

Find art curators-artists- elite group.

Get a value for the artwork from the above for the paintings.Interview.

Compare the values and understand the pricing of artworks. What criteria's can lead to increase in price and demand of an artwork.