Art Market Values Objects Found by QUEST Expedition
What happened
The QUEST program is involved in a process where objects found during expeditions are valued by the art market. A segment on The Derbyshire Auction House detailed how Valerie Ganz’s painting, which depicted miners, sold for £4,000. The auction house format was described as being built around discovery and letting the market decide the object's value.
From el-balad.com
Why it matters
The valuation process illustrates the core business model of the QUEST program: finding objects, observing the public reaction, and allowing the market to determine the final price. This model suggests that personal connection can drive transactions beyond simple financial resale.
An expedition involving QUEST is using the Atlantis vessel to capture images, with David Mearns serving as co-chief scientist.
From el-balad.com
Who's involved
- QUESTCollaborative research project that finds and has objects valued by the art market.
- David MearnsCo-chief scientist on the expedition related to QUEST's work.
- National Science FoundationProvided resources for deep-sea exploration, linking to QUEST.
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The entities involved
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QUEST
collaborative research project in Germany
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