Volume 1, Issue 4

CONTENTS — ART. 1. VALUE IN ART 1ST — ART. 2. WATER THEORY 1ST

Article 1

Amendment to “Value in Artwork”

by Antarah Crawley

At Art¢oin:\>_Theory and Methodology\Value in Artwork, strike “the person of the artist, the execution of the artist, the intention of the artist, the attention of the artist, the subject matter content of the work, the medium of the work, the lifetime of the work, and the effect upon the viewer” and replace with “artist’s time on the scene, artist’s repertoire, and number of solo and group exhibitions.” Other factors in the appreciation of art include size, subject matter, and time period.

Furthermore, with regard to the valuation of artwork, a sellable artist is a “known commodity.” Appraisers buy low and sell high; they take an average of sale prices over the years to make appraisals. Utilize platforms like Artsy, Artnet, and Invaluable. Also see, “square foot pricing” of art works.

Article 2

Amendment to “Water Theory of Capital”

by Antarah Crawley

At Art¢oin:\>_Theory and Methodology\Water Theory of Capital, add:

3.0. Can trade (i.e., exchange, change hands; revenue, change venues) (1) real (landed) estate (includes people), (2) consumable goods (commodities), and (3) securities (fungible negotiable instruments) using (4) a medium (an agency, vehicle, or instrument) of exchange.

3.1. A current medium of exchange is liquid in circulation (legal tender) secured by something of value (currency).  A current account is a storage or depository account that can be drawn upon on demand of the named account holder, but which is “secured” (fixed so as to not be easily moved) by a trustee. The storing and safekeeping of securities is a matter of “public safety”.

3.2. Live stock and real estate, as opposed to consumable goods (commodities), secure the public debt on private bank ledgers. Securities are “advertisements for live stock in bondage sold on the banks of the river.” When analyzed word for word we find the following objective correlative:
3.2.1. Advertisement = offer for acceptance
3.2.2. Live = circulating current (as of ions, blood, or breath)
3.2.3. Stock = cargo, negotiable instrument
3.2.4. Bond = debt obligation
3.2.5. Sold = exchange, revenue (to circulate)
3.2.6. Bank = the land sloping down to a body of water, or any slope, mound, or mass, or the action of heaping (a substance) into such a mass
3.2.7. River = flow of commerce; current “C”

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