The value in the art market

I am just putting this here, the neverending story:

How do you determine the value of the artwork?

Who does it?

How do they determine the price of the artwork on auctions?

What are the factors that rise the value?

Are the artworks from a collection of a celebrity more valuable/pricey?

What is the effect of the celebrity’s death on the price?

Is a collection of a celebrity still a collection, if it is separated?

 

Bibliography:
Adam, G. (2009) ‘Secrets of the auction room’, Financial Times. Available at: https://www.ft.com/content/cb1e2906-d6c7-11dd-9bf7-000077b07658 (Accessed: 6 March 2017).
ArtNews (2017) 2016 top 200 collectors. Available at: http://www.artnews.com/top200year/2016/ (Accessed: 6 March 2017).
Artprice (2017) The Art Market’s prices and images. Available at: http://www.artprice.com/ (Accessed: 6 March 2017).
ArtReview (2017) 2016 Power 100. Available at: https://artreview.com/power_100/ (Accessed: 6 March 2017).
Cardinal, R. and Elsner, J. (ed.) (1994) The cultures of collecting. London: Reaktion Books.
Granet, D. and Lamour, C. (2013) Velike in male skrivnosti sveta umetnosti. Ljubljana: Modrijan.
Graw, I. (2009) High price: art between the market and celebrity culture. New York: Sternberg Press.
Konigsberg, E. (2009) ‘Is Anybody Buying Art These Days?’, The New York Times Magazine. Available at: http://www.nytimes.com/2009/03/01/magazine/01Brothers-t.html (Accessed: 6 March 2017).
Rhys, O. (2014) Contemporary collecting: theory & practice. Milton Keyness: MuseumsEtc.
Sotheby’s (2017) Sotheby’s. Available at: http://www.sothebys.com/en.html (Accessed: 6 March 2017).
Stewart, S. (1994) On Longing: Narratives of the Miniature, the Gigantic, the Souvenir, the Collection. London: Duke University Press.
The Art Newspaper (2017) Georgina Adam. Available at: http://theartnewspaper.com/comment/articles/authors/15810/ (Accessed: 6 March 2017).

 

LIST OF PHOTOGRAPHS:

  1. featured image: personal archive

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