Determining the valuation of fine art is vital for art business professionals. This ability requires a set of skills comprised of detective research, knowing where to look, who to consult, how to unravel a mystery, and much more. This course will provide participants with a thorough introduction to art research methods, using traditional print formats as well as online databases. Participants will learn about the essential tools for valuation consideration, including comparables, provenance, Getty Object ID terminology, ArtTactic analytic reports, fair market value, retail replacement value, catalogues raisonnées, and more. Through a combination of lectures, guest speakers, site visits to galleries, museums, and artist’s studios, and a library orientation, participants will receive an intensive introduction to the art of research and valuation.
What you will learn…
• To examine works of art, ask the right questions, and become conversant with terminology specific to art market research and valuation (such as Getty Object ID).
• To select comparables thoughtfully and appropriately, and to understand the approaches for assigning values to a variety of artworks.
• To identify the major databases for fine arts and how appraisers use them.