I don't know if folding will drastically reduce its value, since it's still a one of a kind original iconic piece of part etc etc. But collectors drive the market, and I'm doubtful that people would pay top dollar for a creased Mona Lisa. I guess the question is, how big is that painting (and others)/how much of a folding strain will it require to fit them neatly in a shoebox?
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You should be water
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