Edward Hopper painted this work, entitled Chair Car, in 1965.

The craft of the artist and 40 years have transformed $200 worth of paints and canvas into $14,016,000 worth of masterpiece. It set a new world auction record for the artist and made David and Helen Pall very happy and a lot richer. The previous record for a Hopper painting was $2.5m, which means they paid less than that for Chair Car when they aquired it.

It is a well crafted painting and all that but $14m? That is an aweful lot of money. Presumably the person who purchased it really really really really liked it.