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Determining Value: An Appraiser’s Perspective


Determining Value: An Appraiser’s Perspective

Determining Value: An Appraiser’s Perspective is a course that teaches students to enter the mindset of a professional appraiser and consider the many factors affecting how art is valued in a dynamic global market.

An artwork can have many lives, and many more values, depending on how, when, and where it is bought or sold, and this course explores various definitions of value, as well as the factors that can create (or detract from) it.

From an appraiser’s perspective, students learn how to properly research an object from “start to finish” to determine market price and understand the impact condition can have on value. Through presentations and interviews with industry experts, course lectures explore the pros and cons of different sale models, including a sale at public auction and the gallery level, and advise on how to keep track of values in the fast-paced global art market. This course also outlines what to look for when evaluating different media, including paintings, drawings, photographs, and prints, to provide students a deeper understanding of how to evaluate an artwork independently.

  • Price
  • Register
  • Date
    May 8 - June 18
  • Duration
    6 Weeks
  • Type
    Flexible Course
  • Location
  • Topics
    • Art Business,
    • Specializations & Skills
  • Language
  • Contact Admissions 646-438-7268


Emily Thompson

Adjunct Faculty, Online and Summer Institute, New York

Emily A. Thompson has 20+ years of experience in art market research and valuation, having worked as a Fine Art Specialist and Art Advisor at Emigrant Bank Fine Art Finance and as a modern and contemporary appraiser for the Internal Revenue Service.

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  • About Flexible Courses

    About Flexible Courses

    This flexible online course is delivered in weekly modules consisting of recorded lectures, instructor-guided discussion boards, and supplementary resources. The course will include a final project with personalized feedback from the course instructor. All participants will have read-only access to the course materials for an additional 90 days after the course end date.

    Review the online course Terms and Conditions.

  • Students Will Learn

    Students Will Learn

    To identify and analyze essential value characteristics that affect the pricing of art.

    To identify appropriate research tools and to perform research in order to assess artwork valuation.

    To identify and describe the pricing of artwork at both the primary and secondary market levels.

    To recognize how condition and conservation can impact the value of artworks.

  • Course Completion

    Course Completion

    For successfully completing this course, you receive a verified Certificate of Completion from Sotheby’s Institute of Art as well as 2.3 IACET Continuing Education Units. *

    Our digital certificates allow you to share new skills with various social media platforms, including LinkedIn. Successful completion is defined by each instructor in the course syllabus and consists, at the least, of regular, thoughtful participation in online activities and timely submission of assigned papers or projects.

    *As an IACET Accredited Provider, Sotheby’s Institute of Art offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard.