Art is such a thing of beauty, meant to be valued and appreciated. People commonly find beauty in works of art and they appreciate them by passing compliments. Sometimes they go as far as paying a few (or a lot of) bucks just to have the right to keep the piece of art whose beauty has been registered in the heart.
Beyond these two forms of appreciation of art, giving out awards is another way to appreciate good works of art, especially if the awards are given based on merit, without bias or sentiment. That’s the idea behind awards like The Grammys & Golden Globe.