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6:07

MARKET: The Value of Art | Episode 3: Rarity

Sotheby's

Art Market Auction House Sotheby's

Sotheby’s presents The Value of Art | Episode 3: Rarity

“Good things are so scarce nowadays,” says Mee-Seen Loong. Which is why nothing generates auction-room fireworks quite like when a once-in-a-lifetime work hits the block. “You cannot really place that value on the estimate, but you know that excitement is inherent in the piece,” adds Loong, a specialist in Chinese art. Rarity can feed the mythology of an object, but factoring scarcity into value is a sophisticated equation. In Episode 3, Sotheby’s experts calculate the Rare Factor. Specialists in this episode: Nate Borgelt, Nicolas Chow, Julian Dawes, Frank Everett, Ian Kelleher, Selby Kiffer, Meredith Kirk, Connor Kriegel, Mee-Seen Loong, Michael Macaulay, Yessica Marks, Yamini Mehta, Jonquil O’Reilly, and Edoardo Roberti.

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