A five-day introductory course exploring art advisory and its role in the international art market. Art advisors help clients negotiate the increasingly saturated and complex global art landscape.
They help private and public art collections with the selection and acquisition, and sale of artworks. An expertise in art and art history is indispensable to the success of an art advisor, and beyond the knowledge of art we look at the fundamentals of the art advisory business.
The five-day course will teach participants about the art advisor’s role, learning about the primary and secondary markets as well as the salary and payment structures of the advisory business.
What you will learn:
The art advisor’s role and the fundamentals of the art advisory business
The complexities of the advisory business with the primary and secondary and private markets
The legal and fiduciary issues of advisory
The legal elements covered in the course are the following:
Agency in the Art World:
- The importance of agency
- The Risks from various perspectives
- The types of deals
- Contract Formation
- Working for the buyer or the seller
- Commissions and duties
- Case studies
- Fraud in agency
Christine Lee is the Founder and Managing Principal of OPENART and Christine Lee Art Advisory, art advisories for private collectors, and corporate and hospitality clients. She has over 10 years of experience in the art industry in various roles including gallery director, curator, senior art advisor, senior project manager, and Vice President of an art consulting firm based in NYC, working on art collections and projects for residential, corporate and hospitality clients. Furthermore, she trained and held numerous positions in international art galleries such as Haunch of Venison of Christie's, Arario Gallery, Martos Gallery, and SUN Contemporary which allowed her to gain in-depth knowledge of the global art market.
She is also an art journalist covering international art news to 3 publications; Art Radar, The Culture Trip and Forbes, writing about contemporary art, Asian contemporary art & investing in art. She holds a Masters in Design from Pratt institute, BA in Comparative Literature, and studied Modern and Contemporary Art, Connoisseurship and History of the Art Market from Christie’s in New York, and Curating from Sotheby’s Institute of Art.