FEATURED ARTICLE

Quality Condition Adjusted Mean Methodology: A Comparative Valuation Tool for the Appraiser
This paper explores the process of using a quality/condition adjusted mean methodology (Q-CAMM) to determine value of a subject property. A quality/condition adjusted mean regulates comparable values based upon condition level and quality points, and arrives at a final value conclusion relative to the subject property’s intrinsic features and state of preservation. Q-CAMM continues to rely upon the personal opinion and experience of the appraiser while introducing additional mathematical components to basic statistical averaging. Click the image to read the article by Todd W. Sigety, ISA CAPP.

FEATURED ARTICLE

Reconceiving Connoisseurship, by Carol Strone
Connoisseurship is a dead language and a dead art. Or so art theorists with disdain for aesthetic judgments would have us believe for some 40 years now. Indeed, connoisseurship has long languished — unfashionable and unpracticed — in academic circles and beyond. But still it matters for many people, and there are signs of a renaissance, even in the most unlikely realms of the art world. The time is ripe for reconceiving connoisseurship as relevant to furthering culture and seeing with maximum powers of observation that which humankind creates. Click the image to read the article by Carol Strone of Carol Strone Art Advisory, NY.
Showing posts with label Francine Proulx. Show all posts
Showing posts with label Francine Proulx. Show all posts

JUST HOW RARE IS RARE?

Sunday, October 04, 2009 Reporter: Anonymous 3 Comments
While researching an unusual chair a client had purchased in London years ago (and told at a Roadshow filming, if attributed it could be worth in the mid five figures), I struck up a email "pen pal-ship" with a knowledgeable English dealer/scholar, Paul Shutler. Paul specializes in high end furniture and decorative arts, primarily 19th and 20th century UK. With his permission, I'm reprinting below an excellent, succinct explanation of "rarity," a recent entry on his new blog. Good reminder of the meaning of the word and ranking furniture and decorative arts as we appraise value.

JUST HOW RARE IS RARE

Often my clients come to me for advice when considering purchasing an item from another dealer or at auction. In some cases, they are interested in objects described by the seller as 'rare' or 'extremely rare and highly important.'

So, I decided to include my repeated response in the blog:

Ask the seller why they think the object is rare. In most cases I can explain instantly why something may or may not be rare. Certainly if I was describing something as rare, I would make sure I could do this.

It's worth remembering that if something is rare, it may be simply because the maker decided not to continue making an object because it just wasn't very pleasing, meaning not all rare objects are good objects.

Something might be considered rare because a fixed number of them are known to have been made, but how high can this number go? It is a known fact that Gerald Summers made only 120 one-piece chairs of circa 1933-4. Does this make them rare? It could be considered important given that it's a great example of a chair successfully made using only a single sheet of plywood, no fixings or joints, an industrial designer's dream. (Image from the Vitra Design Museum's book, 100 Masterpieces from the Vitra Museum Collection.)

Questions also need to be asked when dealing with the description important. Being rare doesn't automatically make something important. For a work of art or an antique to be described as important, shouldn't it mean it hah a part to play or was responsible for something of note? A useful example would be Arthur Heygate Mackmurdo's famous mahogany side chairs circa 1882. (One example is in the collections of The Virginia Museum of Fine Arts as well as the V and A museum.) They are universally considered to be important because their sinuous Art Nouveau design pre-dates the Art Nouveau period by a decade.

(To Read the Rest of the article click the Read More Link below)



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