Arash Hanaei

Iran | 1978
Compare

A Change in Median of Final Price and Primary Evaluation of Artworks

This diagram shows the annual changes of artist's market value. Here we will compare the median of sale price which- in contrast with prices' average – has no reaction to sudden price changes to maximum and minimum median of estimated base price. These medians, placed at the center of an extended spectrum of data, are of value since scattered prices are not considered in their evaluations.