The Development of the Art Market in England: Money as Muse, 1730–1900 (Financial History)

This Book Gives A Comprehensive Account Of The History And Underlying Economics Of The Modern Art Market In Eighteenth-and Nineteenth-century Britain. Bayer And Page Argue That Economics Shaped And Developed Visual Culture To The Extent That We Should No Longer Restrict Market Issues To Narrative Discussions Of Dealers' Involvements In The Careers Of Specific Artists. Economic, Econometric And Statistical Analyses Of Two Specifically Created, And Particularly Rich, Data Sets That Record Over 42,000 Auction And Dealer-based Sales Of Paintings In London Between 1720 And 1910 Reveal Hitherto Unknown Transaction Patterns And Trade Modus Operandi That Offer Unprecedented Insight Into The Operations Of The Art Market.--p. [4] Of Cover. Machine Generated Contents Note: 1. Early Stages: From The Netherlands To Great Britain -- 2. Commoditization Of Theories Of Art -- 3. Painter As Homo Economicus -- 4. Critics And Auctions -- 5. Evolution Of Picture-dealing -- 6. Victorian Era -- 7. `working The Oracle': The Tools Of The Trade -- 8. Formation Of A Nexus: A Story Of Christie's -- 9. Commoditization And The Artist As Producer: Product Differentiation And The Domestication Of Pictures -- 10. End Of The `golden Age' -- 11. Postscript: A Perpetual Innovative Whirl. By Thomas M. Bayer And John R. Page. Includes Bibliographical References (p. 243-258) And Index. This title gives a comprehensive account of the history and underlying economics of the modern art market in 18th and 19th century Britain