It amazes me how much people pay for these things

Another BBC News article: https://www.bbc.co.uk/news/articles/cr45v7ey91eo

I can’t help wondering why people pay so much for items like this. I struggle to imagine the prices are even remotely representative of the intrinsic value of the items. How much will they be worth in, say, a hundred years when the artists are largely forgotten? Are people paying so much just as a way of showing off their wealth?

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