ANALYSIS OF THE QUALITY AND VALUE OF THE ANTIQUE DECORATIVE AND ARTISTIC ARTICLES OF BRONZE ON THE MARKET OF UKRAINE

Abstract

Purpose. It is the detection and investigation of basic principles on forming conclusions about the quality and value of the antique decorative and artistic articles of bronze on the market of Ukraine, and building a mathematical model to describe the correlation "quality-value" in transactions predicting their value.

Methodology. The standard methods of regression analysis have been used for predicting the value of groups of the related antique decorative and artistic articles of bronze.

Findings. Results of the investigation of Ukrainian market of the antique decorative and artistic articles of bronze have been given. Three commodity groups have been selected: simple and inexpensive decorative items and jewelry, antique and artistic articles, cultural monuments of high value.

A comprehensive scale for assessment of their quality has been created, it has the criteria: sizes, processing quality of bronze, age of the article, presence of important inscriptions and hallmarks, level of recognition of the author and presence of the author’s hallmark, level of recognition of the producer and presence of his hallmark, state of conservation of the article.

The appropriate classification model has been created, and an example of the predicting the value has been given to demonstrate the effectiveness of the proposed development in the tasks of an independent valuation.

Originality. Three commodity groups of the articles of bronze on qualitative characteristics have been selected and the dependencies between their estimated value and order value have been established.

The practical value. The method of determining the estimated value of the antique decorative and artistic articles of bronze has been developed, that includes the criteria, the evaluation protocol and minimum basic characteristics of value of each group of articles.