The ever-changing and dynamic global landscape of today’s art market, with its high intensity art fairs and dizzying calendar of live and on-line auctions, presents more opportunities than ever to buy art. This course offers professional insights on how to navigate today’s vast and fast-paced international marketplace. Discussions will cover such topics as how to determine a collection focus, the difference between primary and secondary markets, differentiating price from value, due diligence checklists, issues surrounding authenticity as well as simple tips for inventory management. Using a variety of resources, you will embark on a virtual “shopping trip” applying basic collecting guidelines and comparative strategies to make a hypothetical acquisition for your collection. Whether you are a novice or more experienced collector, this course will introduce valuable strategies on how stay focused and discerning as you build your own collection.
By the end of this course:
- You will engage a critical approach to collecting, to develop an 'eye' and to make confident and informed future acquisitions within the parameters of a budget.
- You will develop important research skills through consultation with art historical sources as well as basic competency in comparable price research.
- You will learn to deftly navigate the global art market through a variety of online resources for researching art for potential acquisitions.
- You will gain an understanding of the legal complexities and consequences of fakes in the art market as well as the ability to carry out basic due diligence.