Collecting Emerging Art
Collecting contemporary art has expanded at a dramatic pace over the past fifty years, particularly after the groundbreaking Scull auction of 1973––the first devoted exclusively to contemporary art, an area previously untouched by auction houses. At the Scull auction, a painting by Cy Twombly sold for $40,000, representing an increase in value of over 50 times the original price of $750 that Scull paid for it. Today, major headlines declare dynamic and fast-paced activity at auction houses, where works are sold on the secondary market frequently within less than a decade after production. Discussions with auction specialists, gallerists, and established collectors will provide insightful access for new and evolving collectors alike.
This course will be delivered seminar-style online in our virtual classroom via Zoom. All participants will receive login details on how to access the course before it commences.
What you will learn
• An overview of the dynamic and rapidly-evolving contemporary art market
• The fundamentals of collecting contemporary art from an ethical perspective and an understanding of the role of active stakeholders within the art world to help you build your collection
• A range of insights from experts and professionals within the industry on today's contemporary art market