RICS: Applying Art Valuation Principles in America vs Britain with Tom Flynn and Alvah T. Beander #20

What is the value of art? The varied interpretations of value in art makes the discipline a difficult one within which to offer valuations.On The RICS Podcast this week we’re looking at how to apply frameworks in a market with increasing complexity due to the advent of NFTs, wealthy outsiders influencing the market, and the challenge of provenance research.This episode of The RICS Podcast covers:What and who determines the monetary value of artThe grey area between art’s emotional value and financial valueExternal factors that can influence valueThe challenging element of provenance researchAnecdotes from Alvah’s time with George W. BushRoyal Institution of Chartered Surveyors:https://www.rics.org/uk/RICS Podcast Pagehttps://www.rics.org/podcast/Kieran Halliwellhttps://www.linkedin.com/in/kdhalliwell/