BUS 19 — The Art Market: A Framework for Understanding and Investing
Spring
Thursdays
7:00—8:50 pm
Date(s)
Mar 31—Jun 2
10 weeks
Drop By
Apr 13
2 Units
Fees
$485
Format
On-campus course
Open
The art market is infamous for its elitism and
opacity—yet with the right set of tools, anyone
can navigate its labyrinth and become a collector or
invest in art. This course will provide students with a
foundation to make wise purchases and to understand
the art business and its most influential trendsetters.
The course will begin with an overview of the last century in art history. Students will learn how to identify why an art work represents a breakthrough and is a touchstone for scholars and art historians. We will then explore the relationship between historical value and market value. To do so, we will focus on the roles and interests of the major players in the art market, including artists, collectors, galleries, auction houses, art dealers, and art consultants, as well as art fairs and the Internet. Guest speakers will present diverse viewpoints.
By the course’s end, avid museumgoers, lifelong or young collectors, and art lovers will have fine-tuned their understanding of the art market and will be able to pinpoint where a specific artwork fits into a historical context and what drivers determine its present and future market values.
The course will begin with an overview of the last century in art history. Students will learn how to identify why an art work represents a breakthrough and is a touchstone for scholars and art historians. We will then explore the relationship between historical value and market value. To do so, we will focus on the roles and interests of the major players in the art market, including artists, collectors, galleries, auction houses, art dealers, and art consultants, as well as art fairs and the Internet. Guest speakers will present diverse viewpoints.
By the course’s end, avid museumgoers, lifelong or young collectors, and art lovers will have fine-tuned their understanding of the art market and will be able to pinpoint where a specific artwork fits into a historical context and what drivers determine its present and future market values.
No previous knowledge of art history is required.
Tatiana Maratchi Legrain, Lawyer; Art Advisor
Tatiana Maratchi Legrain has worked at Sotheby’s and a Swiss-based private art foundation and collaborated with the Museum of Fine Arts in Boston and the Gagosian Gallery in New York. Over the last decade, she has served as an art consultant for private collectors. She received a JD from the Universitat Pompeu Fabra in Barcelona, an LLM with a focus on art law from the Institut Universitaire de Hautes Etudes Internationales of Geneva, Switzerland, and an MS in arts administration from Boston University, where she also taught graduate courses.Textbooks for this course:
No required textbooks