Compare and contrast the ethical and legal issues affecting the market for any two art market sectors. Compare and contrast the ETHICAL and LEGAL issues affecting the market for any two art market sectors. For market sectors you can choose 2 out of the following: Old Masters Market, Impressionist and Modern, Post- War or Contemporary art market. Or you can choose art markets, which are based on its geographical location: i.e. the UK art market; the US art market; Eastern European art market. For example, if you choose Old Masters market, you these points can possibly help you to talk about ETHICAL and LEGAL issues affecting this market: WHAT ADDS VALUE? MARKETING THE HIGH END SIGNIFIERS – PROVENANCE – NON-EXPOSURE • PROBLEMS: – ATTRIBUTION – RESTORATION – AUTHENTICITY: CONNOISSEURSHIP/SCIENCE AND CULTURAL/MARKET VALUE PROVENANCE/VALUATION/TASTE ISSUES: •Renaissance effect •Great private collections (palazzi, villas, castles, country houses) •Fresh material exposed by death, divorce, debt – inheritance tax on country estates •Genre and taste/fashion
