Megan Corcoran Locke – Old Masters Market | Tools & Analysis
Welcome to this online course on the The Old Masters Market. This course offers an introduction to anyone interested in learning more about this particular sector of the global art market. For students or collectors who feel as though the Old Masters are a mystery to them, this course offers a step-by-step guide on the key market characteristics, value drivers, challenges and opportunities. The course also provides complimentary access to recent ArtTactic Old Masters Market reports and analysis.
We are also pleased to offer a supplemental section on a subset of the Old Masters Market: Old Master Drawings. This medium specific course explores a small, yet active corner of the Old Masters, a wonderful place to start for collectors looking to try train their eye and try their hand at collecting.
In this course, Megan Corcoran Locke, Old Masters Researcher for ArtTactic, will guide participants through the basics of valuation of Old Master works, the structure of the market, analysis of historical performance and an exploration of the risks and opportunities associated with this sector of the arts.
The course Includes:
- Videos: The course includes access to 1h 37m of online video content.
Your Instructor
Since 2016 Megan has served as the Gallery Manager for Stephen Ongpin Fine Art, a St. James’s gallery specialising in Old Master, 19th Century and Modern drawings and works on paper. The gallery mounts annual exhibitions of Master Drawings in both London and New York, issues regular catalogues, and participates in art fairs in London, Maastricht, Paris and New York. Outside of the gallery, Megan conducts market research on Old Master Paintings for auction data analytics company ArtTactic, working with both dealers and auction houses to expand their Old Masters database and expertise. Megan also works with the London Art Week team as an account manager, helping to develop one of the most prestigious dealer-led events of pre-Contemporary art in London. Prior to professionally entering the art world, Megan worked in financial services at Barclays Capital, having previously received her bachelor’s degree in art history from Harvard University and her master’s degree in art business from Sotheby’s Institute of Art in London.
Course Curriculum
Old Masters Market | Tools & Analysis
Introduction to Old Masters
Introduction and course outline (3:32)
What are the Old Masters? (2:33)
Elements of Valuation (12:55)
Two Valuation Case Studies (8:55)
Understanding Value in the Old Masters market
The Market (4:33)
Market Geographics (2:49)
Market: Day Sales (5:16)
Market: Tastes (3:20)
Obstacles to Success: (6:04)
Opportunities for Discovery (7:41)
Final Thoughts – Summary (0:56)
Master Drawings
Introduction and Syllabus (2:07)
What makes a Master? (9:01)
Scholarship and Commerce: (5:19)
Market Changing Auctions (9:21)
The Market in the 21st Century (3:54)
Valuation (7:59)
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