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.
This Premier Online Course features weekly recorded lectures and faculty-guided discussion boards to maximize flexibility and deliver an engaging and interactive digital experience.
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.