Recently, an estate assessor came into my studio and talked to me about the “valuation” of art. It is, like everything else in life, about perception.
I remember when I was doing research on the best place to pursue my degree in teaching that I was looking for valuable stock. I was investing in my education and I wanted the most powerful degree I could achieve. Western Washington State College in Bellingham was give a top three schools in the West Coast rating in, of all things, Playboy magazine’s assessment issue.
Taking my degree at Western allowed me to be in a highly competitive position. I had a wonderful background in the humanities, in general science, in math logic, in physics and was introduced to the study of movement. We also had to learn to swim in order to teach. This comprehensive program was meant to turn out not little automatons but people with a rich understanding of our cultural history. It has given me grounding and depth in all that I do.
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Research allowed me to find a degree of value. It is the estimation of value in art as well, that has to be considered. The Estate Valuation of art involves the reputation of the artist. While some artists make money in the short term, other artists develop and maintain their value. Thinking carefully about where you exhibit, setting your goals with clear objectives, establishing skills and constantly working on the relationship between yourself and your work; yourself and your customer are central.
I was instructed that one must clearly and consistently sign the work. A biography, a story, an artistic statement should be placed on the back of the work so that as the work makes its way in the world the connection with the artist remains true. And the hardest work of all is to place value on yourself as an artist.