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@starfish&coffee
Sorry, a bit behind on the discussion here. But having been the project manager of a fair few large scale outdoor sculpture projects, I'd say £90,000 for the sculpture photographed upthread doesn't seem like an unreasonable cost at all.
For a tall thing like that a good chunk of the expenses will have gone to creating a stable foundation. Surveyors, structural engineers, digging, piling, building the rebar structure, filling the concrete etc. Then you need massive cranes and decent sized work crew to lift the sculpture into place. If the project was managed well they will have used local talent for all of this and as such the majority of that sculpture's budget went into the local community. In the end, the money that was lost on that sculpture probably isn't even a days worth of all the spending on, say, billboard- and radio advertising in and around that community.