Older piece by an artist good, considering (7)
I believe the answer is:
deeming
'considering' is the definition.
(deeming is a kind of considering)
'older piece by an artist good' is the wordplay.
'older piece' becomes 'de' (I can't explain this - if you can you should give a lot more credence to this answer).
'by' says to put letters next to each other.
'an artist' becomes 'emin' (Tracey Emin).
'good' becomes 'g' (abbreviation).
'de'+'emin'+'g'='DEEMING'
Can you help me to learn more?
(Another definition for deeming that I've seen is " 'Judging, considering (7)'".)