The art valuation explained

In this IIL claims lecture Clare Pardy talked about art, the art market and the many different elements that determine value.

Clare started her presentation by explaining what art is and if it has no objective value then how is a market created. She identified the different elements of art as being Artist, Subject matter, Medium, Size, Condition and Provenance and then analysed each by means of real examples. This was with the aim of analysing what makes art valuable and why some artists are more sought after than others. Finally, Clare looked at who and what makes the art market tick and how it operates within a wider economic framework.

By the end of this lecture members would have gained an insight into:

• Catalogue descriptions
• Different types of valuation
• Current art market trends

Speakers Bio:
Clare has worked in the Company market specialising in art insurance for over 30 years. She moved to specialist art brokers Hallett Independent at the end of 2016 to help develop their book of museum, historic house and private client business.

Chair:
Nicholas Brett, Chief Executive, AXA Art Insurance plc.

CPD events are open to CII and PFS members
Registration closes at 12pm two working days before the event date
For events held in The Old Library, Lloyd's pass holders may also attend and do not need to register
Original Photo ID (Driving Licence, Passport, Work ID with company logo and full name) is required to gain entry to all venues

Conditions:

• Email confirmations and original photo ID must be produced to security staff at the lecture venue
• Attendance confirmations are non-transferable to any other person or lecture
• All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission

Please let us know what we can do to make our events fully accessible to you.

Contact:
Please contact Patricia Pedraza (07463 028327) with any queries regarding the CPD events programme.