When authors Rob Walker ("Buying In") and Joshua Glenn ("Taking Things Seriously"), each of whom is curious about the meaning and value we assign to objects, met in Boston earlier this year, they came up with the idea for the fiction-auction project Significant Objects. Well-known literary authors - including Luc Sante and Lydia Millet - write a short story that serves the description for a basically worthless object that is then auctioned on EBay. The first set of auctions has closed, and while the ending prices were all less than $30, Walker points out that with listing prices beginning as low as 29 cents, the final value increased by as much 4,000%.
More here @ the LA Times.
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