Scarcity versus demand.
Originally Posted by SuzanneR
If there is cultural value in a handicraft compared to a mass production item, then the answer is likely.
That said, there may need to be a qualitative difference, and in photos (or a lot of visual art for that matter) size matters.
A hand printed 4x6 is likely not going to get it done vs. whatever an inkjet can do.
I keep thinking of the value of the Steve Jobs portrait for the book cover of his biography, which was done with a 4x5 I believe. The irony will add value, no doubt.