Art valuation

Art valuation, an art-specific subset of financial valuation, is the process of estimating the potential market value of works of art and as such is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well. Art valuation involves comparing data from multiple sources such as art auction houses, private and corporate collectors, curators, art dealer activities, gallerists (gallery owners), experienced consultants, and specialized market analysts to arrive at a value. Art valuation is accomplished not only for collection, investment, divestment, and financing purposes, but as part of estate valuations, for charitable contributions, for tax planning, insurance, and loan collateral purposes. This article deals with the valuation of works of fine art, especially contemporary art, at the top end of the international market, but similar principles apply to the valuation of less expensive art and antiques.

Historic valuation and contemporary art

Artò

Artò is a frazione (and parish) of the municipality of Madonna del Sasso, in Piedmont, northern Italy.

Overview

It is a village located some km west from the Lake Orta.

History

Since 1928 Artò was a separate comune (municipality).

References

External links

Media related to Artò at Wikimedia Commons

Artà

Coordinates: 39°42′N 3°21′E / 39.700°N 3.350°E / 39.700; 3.350

Artà is one of the 53 independent municipalities on the Spanish Balearic island of Majorca. The small town of the same name is the administrative seat of this municipality in the region (Comarca) of Llevant.

Population

In 2008 the municipality of Artà had a population of 7,113 recorded residents within an area of 139.63 square kilometres (53.91 sq mi). This equates to 50.9 inhabitants per km². In 2006 the percentage of foreigners was 13.2% (890), of which Germans made up 3.9% (262). In 1991 there were still 136 illiterates in the municipality. 1,292 inhabitants had no education, 1,675 only a primary school certificate and 1,210 had secondary school leaving certificates. The official languages are Catalan and Spanish (Castilian). The Catalan dialect spoken on the island is known as Mallorquí.

Geography

Location

Artà lies in the northeast of the island of Majorca, around 60 km from the island's capital of Palma. The Massís d’Artà, the highest and most compact massif in the eastern mountain chain of the Serres de Llevant, occupies more than half the area of the municipality. The municipality is located on the western part of peninsula of Artà and is bordered in the west by the Bay of Alcúdia (Badia d’Alcúdia), and in the north by the Mediterranean sea where its coast lies opposite the neighbouring island of Minorca. The coast of Artà stretches for 25 kilometres and, so far, has escaped being developed. Particularly noteworthy are the beach and sand dune formations of sa Canova d’Artà, the flat coastal strip near the settlement of Colònia de Sant Pere, the high rocky coves of the Cap de Ferrutx and a large number of smaller bays that extend from s’Arenalet des Verger to Cala Torta.

ART image file format

ART is a proprietary image file format used mostly by the America Online (AOL) service and client software.

Technical details

The ART format (file extension ".art") holds a single still image that has been highly compressed. The format was designed to facilitate the quick downloading of images, among other things. Originally, the compression was developed by the Johnson-Grace Company, which was then acquired by AOL. When an image is converted to the ART format, the image is analyzed and the software decides what compression technique would be best. The ART format has similarities to the progressive JPEG format, and certain attributes of the ART format can lead to image quality being sacrificed for the sake of image compression (for instance, the image's color palette can be limited.)

Usage by AOL

The AOL service used the ART image format for most of the image presentation of the online service. In addition, the AOL client's web browser also automatically served such images in the ART format to achieve faster downloads on the slower dialup connections that were prevalent in those days. This conversion was done in the AOL proxy servers and could be optionally disabled by the user. This image conversion process effectively reduced the download time for image files. This technology was once branded as Turboweb and is now known as AOL TopSpeed.

Trade (nightclub)

Trade was a highly successful, pioneering and influential gay nightclub started in 1990 by Laurence Malice. Trade was unlike any other club at the time as it opened from 4am until 1pm on Sundays at Turnmills, Clerkenwell Road, London. The club was touted as "the original all night bender". The door policy was firm but fair: "You don't have to be gay or a member to get in, but your attitude and look will count".

Early Years 1990 - 1995

Trade quickly grew in popularity as other clubs at the time such as Heaven, G-A-Y and The Fridge closed at around 02:00-03:00 Sunday mornings, an hour or so before Trade opened at 03.00 Therefore, clubbers were able to go straight on to the club. At the time many guys went cruising in the parks after leaving other clubs. The name 'Trade' and the opening hours was to encourage guys to go to the club as a safer alternative.

Turnmills was the first club in the UK to be given a 24-hour "Music & Dance" licence. This was gained after Laurence Malice had for a long period of time tried to convince Mr Newman that there was a need for people to be able to party in a safe environment after 3am in the morning. Due to this licensing advantage, the venue's role was crucial to the success of Trade.

Trade (film)

Trade is a 2007 American film directed by Marco Kreuzpaintner and starring Kevin Kline. It was produced by Roland Emmerich and Rosilyn Heller. The film premiered January 23, 2007 at the 2007 Sundance Film Festival and opened in limited release on September 28, 2007. It is based on Peter Landesman's article "The Girls Next Door" about sex slaves, which was featured as the cover story in the January 24, 2004 issue of The New York Times Magazine.

Plot

In a poor family in Mexico City, Adriana (Paulina Gaitán) celebrates her 13th birthday, and is happy about the bicycle her 17-year-old brother Jorge (Cesar Ramos) gives her. Their mother suspects Jorge has got the money for the present in a dishonest way, and forbids Adriana to ride it. Indeed, Jorge lures a tourist into a quiet street pretending to bring him to a prostitute, and with two friends rob the man by threatening him with guns. After the tourist complies, the three carry out a mock execution, revealing that the guns are only water guns.

Craft

A craft is a pastime or a profession that requires particular skills and knowledge of skilled work. In a historical sense, particularly as pertinent to the Middle Ages and earlier, the term is usually applied to people occupied in small-scale production of goods, or their maintenance, for example by tinkers. The traditional terms craftsman and craftswoman are nowadays often replaced by artisan and rarely by craftsperson (craftspeople).

Development from the past until today

Historically, craftsmen tended to concentrate in urban centers and formed guilds. The skill required by their professions is and the need to be permanently involved in the exchange of goods also demanded a generally higher level of education, and craftsmen were usually in a more privileged position than the peasantry in societal hierarchy. The households of craftsmen were not as self-sufficient as those of people engaged in agricultural work and therefore had to rely on the exchange of goods.

Once an apprentice of a craft had finished his apprenticeship, he would become a journeyman searching for a place to set up his own shop and make a living. After he set up his own shop, he could then call himself a master of his craft.