Art is valued for its worth of whomever pays for it.
You're not wrong and as with all art it is always subjective.
This works on both sides too. Some artists value themselves at mega bucks ... see Damian Hirst while others will paint on walls and create mega buck value pieces for free ... see Banksy.
An artist does have the right to value his/her own time. it's up to the buyer to accept that price.
Art will always generate a debate. From either its content to its $ value.
Take for example one of my favourite currency artists from Venezuela.
https://instagram.com/lion_mix/ For $15 a note he is a steal!! He will make commissions too for the same price.
Cheers
Viz
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