Sotheby’s Explains The Value of Art

How is art valued in the current market of the 21st century? Sotheby’s Financial Services has created a 10 episode docu-series where Sotheby’s explains the value of art from authenticity to rarity and provenance to condition. Utilizing Sotheby’s world renowned team of experts, each value vertical is broken down so that new collectors can understand today’s fast-paced art market.

“Authenticity is the soul of the object,” says Chinese works of art expert Nicolas Chow, adding “Anything that is worth something is worth being faked.” In Episode 1, see how Chow and other Sotheby’s specialists identify the true originals. Sometimes consulting an artist’s catalogue raisonné is enough to affirm authenticity, but other pieces require sleuthing for clues that only a seasoned expert would think to sniff out – sometimes quite literally. Specialists in this episode: Nate Borgelt, Nicolas Chow, Frances Christie, Julian Dawes, Frank Everett, Selby Kiffer, Meredith Kirk, Courtney Kremers, Connor Kriegel, Mee-Seen Loong, Michael Macaulay, Yamini Mehta, Jonquil O’Reilly and Edoardo Roberti.

The second episode takes a look at an object’s condition. Yes, the paint might be cracking on the surface of a canvas, but is that a signature feature of the artist’s work, or a sign of damage? Only experts like the seasoned team at Sotheby’s can correctly assess a work’s physical state and understand how condition impacts value. “Some people might want their Dutch landscape to look like it’s been sitting over a smoky wood fire for the last century,” says Old Masters Paintings specialist Jonquil O’Reilly. But as Episode 2 reveals, “perfection” is a nuanced matter. Specialists in this episode: Nicolas Chow, Frances Christie, Julian Dawes, Frank Everett, Selby Kiffer, Meredith, Kirk Courtney Kremers, Connor Kriegel, Mee-Seen Loong, Michael Macaulay, Jonquil O’Reilly, Edoardo Roberti and Simon Stock.

For more episodes where Sotheby’s explains the value of art, visit the YouTube channel here.

YOU MIGHT LIKE

Anish Kapoor at Palace of Versailles

Armani Luxury Residences Planned for Beijing

Daft Punk’s True Faces Revealed for Art’s Sake

alice + olivia Taps Basquiat for CFDA Young Talent Initiative

$1 Million Electric Supercar Presents Future Today

Inyoung Seoung Explores Humanity vs. Nature Through Electrical Tape

Ultimate Fantasy Gift $1.5 Million Private Plane

$400 Million Monaco Penthouse is World’s Most Expensive