The document discusses the element of art called value. It defines value as the lightness or darkness of an object or surface. Value creates the illusion of three-dimensional form, texture, contrast between light and dark areas, and visual interest through variation. Different artistic mediums like graphite, charcoal, and ink can be used to render values. Value scales demonstrate the range of values. Techniques for applying value include shading, hatching, cross-hatching and stippling. Proper use of value is important for realistically depicting form. The document provides instructions for creating a value scale drawing to practice rendering values from light to dark.