1st Edition

Law and Finance in International Art Markets Tools for the Future

268 Pages 33 B/W Illustrations
by Routledge

268 Pages 33 B/W Illustrations
by Routledge

This book brings together scholars from numerous fields of expertise to explore the legal and financial structures of historic and contemporary art markets around the world. Chapters bring in perspectives from across the human and social sciences, employing a range of methods interpret the creation, demand for, dissemination, evaluation and protection of art in an increasingly global... Read more

Part 1.  Legislation

1. The Illicit Export of Old Master paintings from Venice in the first half of the Nineteenth Century (Valeria Paruzzo)

2. The Raven Paradox as a key element in the public view on the export of cultural goods (Wojciech Szafrański, Alicja Jagielska-Burduk)

3. The legal status of the Commissaires-Priseurs and its long-term impact on the Genesis of the French Art Market (Darius A. Spieth)

4. The legal and reputational implications of the platformisation of the market for ‘Ordinary’ antiques: the case of Drouot.com (Anne-Sophie Radermecker)

5. When art and law meet: a brief case study of the Shanghai Free Trade Zone (Shuo Hua)

6. Crowdfunding and the art market: rise and regulation of contemporary forms of patronage (Giovanni Maria Ricci, Federica Pezza)

7. Emerging legal issues of NFTs from the theory of punctuated e: a case study (Yuha Jung)

Part 2.  Finance

8. Speculating on Old Master paintings during the French Revolution: the Trumbull, Parker and Lebrun partnership (Sarah Bakkali)

9. ‘Telegram me on Monday’: speculating with contemporary art in nineteenth-century England (Joshua Eversfield Jenkins)

10. ‘Basically, he already bought it.’ Paris 1925–26 and the battle for Manet’s Bar: more than just finances? (Marcela Rusinko)

11. ‘David against Goliath’: The National Art-Collections Fund, British Museums and the international art market (Matilde Cartolari)

12. Monetisation of art and financial institutions in the United States: hard and soft trends (Christine Zumello)

13.   Crowfunding visual artists: alternative or complimentary financing mode? (Elisabetta Lazzaro, Daniel NordgÅrd)

14.  Are art investors rational? Investor sentiments and art returns (Jiaxin Liu, Boram Lee, Ruth Rentschler)

Biography

Elisabetta Lazzaro is Professor of Creative and Cultural Industries Management at the University for the Creative Arts, UK.

Nathalie Moureau is Professor is Economics at the University Paul Valery Montpellier 3, France.

Adriana Turpin teaches the history of collecting and art market studies at IESA, Paris. She is Chairman of the Society for the History of Collecting.