
Is Art really valuable?
Why would people want to steal artworks? Are artworks worth so much? Why are some art pieces valued more than others?
Here are some criteria that determine the value of an art work:
Authenticity
First and foremost, the artwork needs to be officially authenticated. Art pieces could be forged. The process of authentication varies depending on the period in which the piece in question was created. Contemporary art is perhaps the easiest to authenticate, especially if the artist is alive and working as they can easily confirm they were the ones who authored the artwork. However, if the piece was not made in recent times, the artwork’s documentation must be verified and the physical traits of the work itself are analysed.
The Name of the Artist and the Value of Art
Big names equal big numbers, that’s how it’s always been. Works made by the likes of Jackson Pollock or Frida Kahlo will always have elite price tags. On the other spectrum, an emerging artist cannot be valued exceptionally high, although new rising stars have been known to contradict this notion every now and then. Keeping the author’s name in mind does not determine the exact value of a piece, but it does provide you with a certain indicator of the price’s range.
The Condition of the Artwork
The important factors are any changes to the state, possible restorations, effects of any modifications to the physical integrity of a piece or its visual quality. If any of these factors are present, the value of the artwork deteriorates at a frightening rate. Needless to say, the pristine condition is highly desirable. So, the golden rule is that you should never, under any circumstances, try to make direct changes to the piece. Just leave it as is and do not risk compromising its value.
Provenance and Status of Artwork
Provenance provides us with information like the work’s creator, history, and appraisal value. Although it may not always directly influence the overall value, it’s always interesting to have a good story behind the piece you are trying to evaluate. Oftentimes, people are willing to pay more money knowing the piece belonged to a certain important someone or if the artwork was a part of some exciting event. Needless to say, provenance is more important in terms of authentication and lawfulness, but it can play a role of a price booster if the circumstances are right.
Subject of the Artwork
Although it may seem a bit odd at first, the subject the work tackles is an important element in art appraisal. Depending on the theme depicted, it is often possible to roughly determine a market, therefore narrowing the possible price range of a piece. One collector may be drawn to nineteenth-century landscape etchings while another finds value in late twentieth-century color photography.
Not every piece is interesting for everyone regardless of the artist and the overall state of the piece. It should also be said that artifacts and rare objects are always more desirable than common things, so rarity is also a substantial factor in price determination procedure. Logically, the value often has a lot to do with the technique in which the piece was made.
What makes an artwork ‘better’ than another artwork? Is it all about perspective or is there something more?
Let’s have some fun!
Are you ready to play the role of a detective to solve the mystery of the Gardner Art Theft?
First, take a look at the 13 stolen works here:
https://www.gardnermuseum.org/about/theft
Next, go to the art museum via:
https://artsandculture.google.com/exhibit/thirteen-works-explore-the-gardner-s-stolen-art/gAIyZKoNat4oLA
At the same time, listen or read the story by Anthony Amore, the Museum’s Chief of Security, and Chief Investigator, to retrace the steps of the thieves on the night of the robbery.
https://www.gardnermuseum.org/audioguide/english/theft-walk
PDF of the audio transcript: https://www.gardnermuseum.org/sites/default/files/uploads/files/TheftAudioWalkTranscript_FINAL_20200301.pdf
After watching the videos and going through the evidence, discuss and share your theories on the theft.
Source:
- https://www.widewalls.ch/how-to-value-an-artwork/
- https://www.gardnermuseum.org/audioguide/english/theft-walk
The Inside Story behind the biggest art heist in American History https://www.youtube.com/watch?v=VPBPOzurjo8 (4.25mins)
What Happened Inside The Gardner Museum During The Heist
https://www.youtube.com/watch?v=sAxZSdNej-I (6.35mins)








About the Author: Daniel Wong is the bestselling author of “The Happy Student: 5 Steps to Academic Fulfillment and Success.” He blogs on topics related to education and career at 

















