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Reply to "Art Enthusiast:"

We went to the new-ish Chihuly Garden in Seattle earlier this year. In the obligatory gift shop visit, there are quite a few blown glass pieces, none more than about 10" tall or wide, for sale. My wife saw one that she liked, a smaller exquisite bowl with two free-form glass shapes loose inside it. I was quite shocked to learn that it was $7500 (I figured $3-5000). While I was considering it for about 10 minutes, we saw 2 other pieces at similar prices sell. Not a significant data point, but I remarked at the time that it's clear that there's still clearly a market for expensive small art pieces.

Despite the fact that his name is etched into all the pieces, Chihuly has not blown any glass himself for years now, though I understand he oversees production most of the time. Anyway, it's easy to see that the market for expensive art isn't just restricted to the top-end multi-million dollar pieces; it filters down quite a ways.
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