Recently saw some debate over a hoodie sold by an artist that went for $500. People were saying that the price was way too high for the hoodie, or that the hoodie looked like it could easily be diy-ed. The artist themselves said that the hoodie was a OOAK art piece that they hand drew on, and that the price was to justify the time spent on the piece, and that he was simply being "paid what he was worth".

Now that the context is done, the whole thing got me thinking about the concept of time = value. Should artworks always be priced based on the amount of effort and labour put into it? Or should there be a standard? Is it a case-by-case scenario?

Btw, here's the link to the video people were arguing under

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