Heard it a few times and it certainly seems like something that would happen but is there any proof or real world examples?

Can an Appraiser just make something worth $20m based purely on their say so?

EDIT: Thanks some great replies! and yeah i was asking more about the tax evasion part than the 'modern art is bad lol' angle.

  • blairbnb [he/him]
    hexagon
    ·
    3 years ago

    that's precisely what someone too dumb to understand the thing would say