International Journal of Art and Art History

The Possibilities of Creating a Certified Valuation Method for Cultural Goods
Eva Kislingerova, PhD

Abstract
The paper analyses the general situation in the area of determining the value of cultural goods, asserting that the current discussion about this issue is insufficient in the Czech Republic. Based on the analysis of several studies, it concludes that the existing methods for valuating cultural goods although highly sophisticated still retain a number of limitations that reduce the reliability of all their results. Finally, it puts forward a proposal for some partial improvements on the methods used to help increase the objectivity of those methods. In particular, it concerns broadening the terms subsidy and allocation of public grants to include the non-paid state tax in the cases of company or private sponsorship payments used to create cultural goods.

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