PP451 Appraising Fine Arts Overview - June 2024
- Registration Closed
Class Date/Time
Wednesday, June 12, 2024
10:00am-6:00pm Eastern US
Registration Includes
- One registrant log-in to the live session via Zoom
- Downloadable course materials to include a Student Manual and any additional handouts
All course materials are PDF Download Only items made available to students prior to the start of the class and are not for resale or distribution. Once eMaterials have been distributed, courses are no longer refundable.
Class Format
PP451 is being presented online via Zoom and will be taught by a live instructor. Students will meet virtually with the instructor over the internet and will engage in discussions and class exercises.
This class will not be recorded.
Description
Appraising Fine Arts Overview explores how professional personal property appraisers approach their work when forming an opinion of an object’s value. Appraising a work of art demands a wide spectrum of knowledge and experience in a fascinating combination of areas – attributions, history of ownership, forgery detection, tax law, and market influences to name a few. Topics will include documenting works of art, understanding the characteristics that drive value, and explaining the methodologies that an appraiser uses in diverse contexts. Participants will gain valuable practical and theoretical knowledge in a number of areas - such as the tools that appraisers employ when inspecting and identifying fine art objects, how condition can be viewed in diverse situations, and to what extent museums, collectors, galleries and auction houses have a role in influencing the art market and how that affects value. The course will provide best-practice guidelines for pursuing and expanding research avenues. Finally, the class will provide vivid, real-world examples and in-depth observations from a seasoned Fine Arts and Fine Arts Photography specialist.
Course attendees may:
- Take the class without an exam and receive 7 credit hours
- Take the class and the Fine Arts course exam as verifiable evidence of education, part of the IRS requirements for Qualified Appraisers
Instructional Methods
This one-day class will be presented in a lecture and discussion format, using a PowerPoint presentation and video clips. Attendees will also participate in hands-on exercises.
Course Audience
Appraising Fine Arts Overview is intended for anyone is who interested how works of art are examined, researched, and evaluated by appraisers. The course would be helpful to beginning appraisers, those contemplating a career in appraising, and collection managers, registrars, curators, collectors, risk managers, art world professionals, and the community-at-large who are interested in the fine arts, or who may find themselves using appraisers in their work environment.
Suggest Reading
- Findlay, Michael. The Value of Art: Money, Power, Beauty. 2014.
- Gascoigne, Bamber. How to Identify Prints: A Complete Guide to Manual and Mechanical Processes from Woodcut to Ink Jet. London: Thames & Hudson, Second edition 2004.
- Thompson, Donald N. The $12 Million Stuffed Shark: The Curious Economics of Contemporary Art. New York, NY: Palgrave Macmillan, 2008.
- Thornton, Sarah. Seven Days in the Art World. New York: W.W. Norton, 2008.
- Van Horn, Deborah Rose, Heather Culligan, and Corinne Midgett. Basic Condition Reporting: A Handbook. Fourth Edition, 2015.
Learning Level
Fundamental
Continuing Education (CE) Information
This class will award 7 CE hours without an exam and 8 CE hours with an exam.
Lela Hersh, ASA
President
Museum of Fine Arts Consulting, LLC
Lela Hersh serves as the President of Museum of Fine Arts Consulting, LLC, where she offers her expertise to individual collectors, corporate entities, museums, and foundations. Her extensive experience spans appraising, art advising, and collection management. Additionally, she holds the position of Senior Lecturer at the School of the Art Institute, Chicago. Hersh authored the chapter on appraising for the most recent edition of Museum Registration Methods. This reference book, published by the American Alliance of Museums, is considered to be the foremost resource for all aspects of collections registration, care, and management. This year, she delivered a presentation on The Value of Art: Appraising Worth in an Evolving Market at the annual College Art Association conference. Throughout her career, Hersh has been actively engaged with ASA in various roles, including serving as President of the Chicago Chapter, Chair of the International Personal Property Committee, and a member of the Board of Governors. In recognition of her outstanding contributions to the field, Hersh was honored as ASA's Appraiser of the Year in 2020.
Participants will gain valuable practical and theoretical knowledge in a number of areas:
- The tools that appraisers employ when inspecting and identifying fine art objects
- How condition can be viewed in diverse situation
- To what extent museums, collectors, galleries and auction houses have a role in influencing the art market and how that affects value
- Best-practice guidelines for pursuing and expanding research avenues
- Real-world examples and in-depth observations from a seasoned Fine Arts and Fine Arts Photography specialist
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