The author, Lucien Papouchado, presents an interesting approach to how various factors come into play to affect the trade price of art objects. This book is a fun and easy read on a subject that is interesting, daunting and fascinating. It is intended for the novice as well as the more experienced art or antique buyers who are interested in a novel and analytical look at the subject of valuation. Lucien is an antique collector, a scientist and an artist and he shares his personal experiences, observations and insights into the world of auctions and the price of art objects.
If you've ever wondered at the apparent inconsistencies in the prices of different art objects, or the unbelievable prices some paintings have recently sold for, or why some items go up in price with time while others go down, or why you should not refinish antique American furniture, then this book tries to answer these and many other questions in an easy-to-follow narrative.
A model is presented whereby all the factors affecting the valuation of an object are organized from the inside out, or from the more physical to the more psychological, in a series of concentric circles.