May 16, 2003 9:43 AM Subscribe
"It's not often that a painting you can stick in your briefcase sells for $200,000." A recently discovered long-lost Tom Thomson painting was sold at auction for far more than it was estimated to fetch. Sure, the price tag pales in comparison to the most expensive painting ever, but it's nothing to sneeze at. Are these auction prices calculated, or just some random numbers that they pluck out of the air? How should the value of a piece of art be determined?
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