What is Art Worth? Valuation, Auctions, and the New Digital Infrastructure

Thursday, April 15, 2021

6:45 pm    Registration
7:00 pm    Start of Program
7:45 pm    Q&A
8:15 pm    End of Program

Venue: Miller Theater, Asia Society Hong Kong Center, 9 Justice Drive, Admiralty, Hong Kong

Free admission for ASHK Members. Limited vacancy, first-come; first-served only.

Online Registration Now

Although the recent sale of the digital work by Beeple, Everydays: The First 5000 Days, has shocked and surprised the art world, it should not surprise anyone who appreciates the inherent problems in art valuation. Traditional methods of valuation for non-digital works are not in jeopardy because some of these markets are quite stable, but there have always been challenges. However, the new digital infrastructure could have significant implications for how art will be valued and treated in the future as an asset class. In this talk for newer collectors and art enthusiasts, I will cover three things: (1) the key factors typically used in art valuation, including the Mei Moses index, (2) the intricate structure of art auctions, and (3) how the market may be transformed by a new digital infrastructure.

About Professor Derek Collins

Derek Collins is the Dean of the Faculty of Arts at the University of Hong Kong. He is a longtime art enthusiast with interests ranging from contemporary to postwar art, to antiquities. Over the years he has created a joint programme with Christie’s Education, trained with Sotheby’s Institute of Art, interviewed leading art world professionals, published and hosted programming about art and business in Hong Kong. In addition to being a Dean, he is a Senior Consultant to the Chairman’s Office at Phillips, Hong Kong, and serves as a member of the Consultation Panel of the West Kowloon Cultural District Authority. Please see his LinkedIn page here for further information.

For more enquiries, please contact 2103 9503
or email [email protected]