Art collecting has evolved beyond the niche world of mega collectors or inspired amateurs. Two decades ago, Damien Hirst’s stuffed shark sold for a record US$12 million. This has now evolved into a market which Swiss bank UBS’s 2019 research pegs at US$64 billion in revenues, before the COVID-19 pandemic.
This course seeks to demystify a market still shrouded in mystery, public relations spin, and the machinations of key players. The course aims to provide a linkage between the mysterious art market with something more tangible and familiar, like the stock market, with real examples from the Singapore market.
Participants will be able to establishing what gives art tangible value, and analysing the mechanics of the art market, including the market cycle, return vs time relationship, price-quality-brand dynamics, classification of artists from investment angle. Participants will also be introduced to choice criteria of artists and collector’s strategy.
This is part of the art appreciation series which includes the following topics:
● Art appreciation series: How to appreciate and understand art so you can be a smarter collector
● Art appreciation series: Art and NFTs: What does the future hold?
● Art appreciation series: Collecting art: How to appraise the value of artworks
About the trainer
Ho Sou Ping began his journey in art at the age of 13, training in calligraphy and painting under the late 2nd-generation artist Chuan Keng Boon. To pursue his passion for art, Sou Ping took the bold step of bidding farewell to a long-time career in the aerospace engineering sector to become a full-time artist in 2009. In the same year he also founded artcommune gallery, which has grown from a tiny unknown entity in Chinatown point to be a leading platform for Singapore artists in Carlton hotel today.
With 14 years of gallery experience, Sou Ping had been very instrumental in the promotion of important Singapore artists like Cheong Soo Pieng, Wong Keen, Ong Kim Seng, Tan Choh Tee and Singapore art in general. He is well versed in the market dynamics, with first hand knowledge of the evolvement of the Singapore market.
Note: Course trainers are, on occasion, subject to change with short notice.
|No. of classes||Days||Date||Time|
|1||Wed||25 Oct 2023||7:00pm – 10:00pm|
Notebook and writing materials.
Docents, art enthusiasts, art students and anyone with an interest in this subject.