Go behind-the-scenes to learn about the inner workings of the auction world. This course will provide an insider’s view of the way art that is bought and sold on a global basis, including tips on how to buy and sell at auction. This course will survey the various positions held at an auction house, including cataloguer, specialist, and department head, including the roles they play in consigning and researching works, establishing price estimates, managing sale viewings and cultivating clients, culminating in the auction itself. This course will also illuminate the complex mechanics of auctioning works, from the process of bidding to when the hammer comes down, as well as the ways in which private sales and online platforms have changed the landscape of traditional art auctions.
What you will learn…
- To understand how art auctions work as well as the key positions in the auction house.
- To grasp the essential terminology and concepts associated with the auction business and the complexity of the auction process itself.
- To evaluate elements of pricing and valuation, as well as how to buy and sell successfully at auction.