Quiz & Certificate

Module 1: Art Market Fundamentals

What is the biggest challenge for new collectors in the art market?

In which areas does an art advisor provide value?

Which factors determine the value of an artwork?

Which of the following statements is untrue?

The contemporary art market tends to be more volatile than the Old Master market
A Picasso painting often has the same value as a Picasso drawing or lithograph
A painting has the potential to increase in value

Module 3: Helping Your Clients Build a Meaningful Collection

What is the right order for taking on a new client who wants to buy art?

What are the three first things to do when buying for your client at auction?

Check buyer’s premium, read small print in the catalog, get condition statements
Attend the preview party, read small print in the catalog, check buyer’s premium
Read small print in the catalog, fly your client in for a viewing, check buyer’s premium

Module 4: Managing and Selling Art Collections

What are the information sources in an art collection?

Which of these statements about art values is true?

Module 5: How to Set Up Your Own Art Advisory Business

Why is following best practice so important in the art world?

It helps collectors to determine which art advisor has their best interest at heart
By following best practice, art advisors can stand out in an unregulated market
It raises the bar for all art professionals operating in the market today
All of the above

Why is it important for an art advisor to have agreements in place with their clients?

ART ADVISORY 101: Quiz & Certificate