Art Market Intelligence.
Appraisal, Valuation & Authentication
of Jamaican Art
for Collectors, Professionals & Related Services Providers.
Question; why isn’t there a database/place/site of reference in Jamaica for the visual art market, trend, prices etc. Where folks like myself can access or reference art prices in Jamaica. We have an art school, a national gallery, a few galleries and various other art based establishments.
So, I want to assume we have an art industry. So, if one wants reference prices, art sale, and other market trends of say a mid-level or entry level artist where does one look. In keeping with international industry standards, especially as it relates to selling art, prices are usually determined by factors such as market value, the macro/micro economy, artist brand/name and even cultural beliefs, personal values and to a lesser extent education etc.
But since there is no data or gallery database to reference art prices, market trends...etc., what then?
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Sandra Green, Facebook post to ART: Jamaica, 29 October 2013
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VALUATION
An opinion of current market value of artwork presumed authentic and saleable unless owner-stated otherwise. A valuation is not a warranty of authenticity, origin, provenance, age or condition of the artwork.
APPRAISAL
A thoroughly researched and documented estimate of value by an impartial and qualified individual expressed as a specific amount, a range of values, or in relationship to a previous value opinion.
AUTHENTICATION
A legal assurance of authenticity by means of science, provenance, connoisseurship which moves the appraisal process forward or shuts the process down.
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