The Value of Art: Why is Modern & Contemporary Art So Expensive? (Full Webinar)

Welcome to the full webinar on the value of art. Why is modern and contemporary art so expensive? We answer the main question by discussing the art market, art as an investment, the controversial relationship of art and money, and much more.

🌟 Overview: Career Advice for Artists

🍿 Watch Next (Key Videos for Artists)

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ℹ️ About CAI:
CAI is the abbreviation of 'Contemporary Art Issue,' a hybrid platform for contemporary art including:

👨 About the host Julien Delagrange:
Julien Delagrange is an art historian, contemporary artist, and the founder and director of CAI. Delagrange studied Science of Arts at Ghent University, Belgium, and worked for the Centre for Fine Arts (BOZAR) in Brussels, the Jan Vercruysse Foundation, the Ghent University Library, and has contributed to the international contemporary art scene as an art critic, lecturer, curator, gallery director, consultant, advisor, and as an artist. As an artist, he is represented by Galerie Sabine Bayasli in Paris, France, and Gallery Space60 in Antwerp, Belgium.

🎯 The mission of the CAI YouTube channel:
→ To empower artists by providing adequate and industry-approved advice for artists for long-term success in the highest realms of the art world, sharing inside information and proven strategies based on real-life experiences in the art world.
→ To contribute to the online canonization of recent art history, having its finger at the pulse of contemporary art.

Every effort has been made to trace copyright holders. However, if you feel you have inadvertently been overlooked, please take up contact with Contemporary Art Issue.

Table of contents:
0:00 – Introduction
01:25 – 1. The Different Types of Value with of Art
03:25 – 2. The Art Market
03:39 – 2.1 The Primary Market (Emerging, Mid-career & Established Artists)
06:27 – 2.2 The Secondary Market
10:15 – Intermezzo
10:30 – 3. Art as an Investment: Who Buys Art?
15:13 – 4. The Controversial Character of the Economical Value of Art
17:34 – 5. Conclusion: The Value of Art
19:13 – Outro

[dnlgrmn]

In reality only a handful of artists are extremely expensive, the rest of us just struggling. It depends on how high you manage to climb on the “Art Ladder”. Depending on who you know and who supports you, not financially, buy the art critics, curators and gallerists.

[jdones]

Fantastic video you made for us! Thank you for your time and passion by sharing all the videos you make. I specially like this one because I admire how the art moves from hand to hand and how the value changes. And btw, you look sharp with the haircut 😆

[shirazyh]

Hello dear, can you kindly explain, what is contemporary means in art?

[ard]

DOGGO! At about 1:45 doggo wants pets. You don’t need to edit that out or at least have b roll of doggo!

[DanielLopes-jtyl]

I’m blown away by your straight ahead honesty. It’s mind blowing! You lay out the whole thing (dirty laundry and all) from A-Z in a 5 minute video. The whole dam enchilada. Dam your good dude! Hair cut’s look good. Both. I like the rugged look nice to get a cut though. Cleaning up the edges makes one feel good. Always like getting a hair cut. Can’t look to wild out there!

[timeenoughforart]

Hair cut? I think you just took a nap. Art and Money are horrible when mixed. Nothing looks as ugly as art representing this financial culture.

[vrejtamazian]

Fantastic and nice helpfull video. Thank You. 👍

[LaurieSumiye]

Both haircuts look nice, but I prefer the shorter. Adorable accent! Thanks for these videos! 🙏🏽

[LRentsch]

Very honest assessment of the art market, inspiring and educational information necessary for the heirs of an artists' estate.

[der.kdf.brother]

When selling in the secondary market, do you keep in mind the royalties for the artist and how does that work because I have a feeling that Sabam is not paying the royalties themselves to artists. Also, love your videos because they are highly educational.

[w.urlitzer]

what is your native language/ mother tongue? i am guessing flemish variant of dutch.

[karlahnee]

Thanks for sharing all this precisous information...
1st haircut for me!

[Sams]

The thing about art is, you just know it when you see it... if you have to explain to someone why something is art, then either it's not art, or that person will never understand.. Stand in front of a Van Gogh with the proper lighting and tell me that you're not moved.... I once stood in front of the 12 Sunflowers painting hanging in the museum in Philadelphia and stared for so long that I felt like I was having a dream while fully awake.... and the colors under the perfect lighting just hypnotized me.

[Rohalt]

I'm so happy to get an insight in the art world thanks to your videos. Thank you!

[emiliopoljanec]

EXCELLENT REFLECTION
VERY HELPFUL FOR ME AS AN ARTIST
THANK YOU SO MUCH FOR SHARING IT
(When you came back from the intermezzo, the Doggie seemed not very happy 🙃)

[jeffreyolson]

Fantastic presentation & explanation. Thank you!

[MellowWind]

Thank you. I've been looking for an analysis such as this for a long time. As an artist, very helpful. I prefer the first hairstyle. :D

[ivanklymenko]

Thank you for the video and for the webinar on art pricing!

[rosidmuhtadi]

Love how you mentioned both cr7 and messi 😊

[georgemohr]

Well done and informative. Thank you. The two photographs behind the narrator: whose work and were they purchased on the primary or secondary market? Owned and collected by CAI or the personal property of the narrator.