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Assessment
Which of the following is considered an important factor in determining the value of contemporary art?
Artist's reputation
Age of the artwork
Size of the canvas
Medium used
What trend has been observed regarding investment returns in the art market in recent years?
Art consistently underperforms compared to traditional investments.
Art shows higher volatility with lower returns than stocks.
Art has demonstrated strong returns, outpacing many traditional investments.
Art investment returns have remained unchanged from previous decades.
In art valuation, what role does provenance play?
It is insignificant in determining value.
It helps verify authenticity and ownership history.
It only affects modern art price points.
It is purely a marketing tool.
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