The art valuation explained
In this IIL claims lecture Clare Pardy talked about art, the art market and the many different elements that determine value.
Clare started her presentation by explaining what art is and if it has no objective value then how is a market created. She identified the different elements of art as being Artist, Subject matter, Medium, Size, Condition and Provenance and then analysed each by means of real examples. This was with the aim of analysing what makes art valuable and why some artists are more sought after than others. Finally, Clare looked at who and what makes the art market tick and how it operates within a wider economic framework.
By the end of this lecture members would have gained an insight into:
- Catalogue descriptions
- Different types of valuation
- Current art market trends
Speakers Bio:
Clare has worked in the Company market specialising in art insurance for over 30 years. She moved to specialist art brokers Hallett Independent at the end of 2016 to help develop their book of museum, historic house and private client business.
Chair:
Nicholas Brett, Chief Executive, AXA Art Insurance plc.
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CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
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