$28 million Jeff Koons sculpture

Does art become more valuable if its expensive?

This statue of Popeye, in its resplendent chromium colors, is worth $28 million. It stands in the Wynn shopping arcade, and there are two full-time security guards making sure no one gets close enough to it. 

Lots of people ask the security guard, "What's so special about this?"

Their jaws drop when they hear it was bought at $28 million and was recently appraised for a selling price of $60 million.

Good art shouldn't be ostentatious. One shouldn't need to know if a piece of art is expensive or not to appreciate it.