This discussion is pointless given that "we" (quotes as I'm an outsider and don't have a rightful opinion in this) have money for both options.
No Sacramento artist is going to command anywhere near that price, no matter what the art piece is (even if it's superior to Koon's, in your respective opinions. It's still not going to command a huge fee on the market). "We" could pay for Koons piece and still have $1.5mil to pay local artists. This is not an either/or. This is the definition of both. It's win/win.
I accept some of Warhawk's arguments, but I think the point he's missing (maybe I'm just wrong) is that even if you did give the opportunity for Sacramento's artists to come up with the best piece, that same best piece (even if "better" than Koon's) would cost nowhere near the same amount. Paying $5 million to a local artist for something that only demands $300K on the open market is silly. Rightly or wrongly, reputation does matter. Yes, Koon at one time did have pieces that were worth s**t money, but that's the whole point. You have to establish yourself long term and come up with piece after piece that art-lovers enjoy. Then your stock rises, you establish yourself (again rightly or wrongly, art is subjective) as someone who is going to go down in history as a truly great artist, and the value of every piece you make rises.
I honestly don't think Sacramento artists are getting the short end of the stick. $1.5 mil is a lot of money for local artists to go wild and do what they want. Their art very well may be better than Koons, we might have the next Di Vinci on our hands. But we don't have to oeverpay for it. Let them come up with their piece for fair value that will make people stand up and say "wow". It's opportunities like this that give artists a chance to have the funds to complete their visions.
Nobody is getting the short end of the stick here. Sacramento gets a piece that will be an attraction world-wide (regardless of whether it's one of five pieces, it will be an attraction to many people) and local artists get a huge sum to complete their best projects. I know not everyone will agree, but as an outside viewer, this really is a win-win for everyone.
No Sacramento artist is going to command anywhere near that price, no matter what the art piece is (even if it's superior to Koon's, in your respective opinions. It's still not going to command a huge fee on the market). "We" could pay for Koons piece and still have $1.5mil to pay local artists. This is not an either/or. This is the definition of both. It's win/win.
I accept some of Warhawk's arguments, but I think the point he's missing (maybe I'm just wrong) is that even if you did give the opportunity for Sacramento's artists to come up with the best piece, that same best piece (even if "better" than Koon's) would cost nowhere near the same amount. Paying $5 million to a local artist for something that only demands $300K on the open market is silly. Rightly or wrongly, reputation does matter. Yes, Koon at one time did have pieces that were worth s**t money, but that's the whole point. You have to establish yourself long term and come up with piece after piece that art-lovers enjoy. Then your stock rises, you establish yourself (again rightly or wrongly, art is subjective) as someone who is going to go down in history as a truly great artist, and the value of every piece you make rises.
I honestly don't think Sacramento artists are getting the short end of the stick. $1.5 mil is a lot of money for local artists to go wild and do what they want. Their art very well may be better than Koons, we might have the next Di Vinci on our hands. But we don't have to oeverpay for it. Let them come up with their piece for fair value that will make people stand up and say "wow". It's opportunities like this that give artists a chance to have the funds to complete their visions.
Nobody is getting the short end of the stick here. Sacramento gets a piece that will be an attraction world-wide (regardless of whether it's one of five pieces, it will be an attraction to many people) and local artists get a huge sum to complete their best projects. I know not everyone will agree, but as an outside viewer, this really is a win-win for everyone.