""Valuation criteria are always evolving. They are not static givens. This is about the overarching systems that determine which types of art are seen, by what means and why.""
""Artists were not free thinkers that would wait for inspiration, create a work of art and then look for a buyer. For a work of art to exist, a patron had to ask an artist to produce it.""
""For more than 500 years after the Roman Empire collapsed in 476AD, Europe's patrons consisted entirely of the Catholic church and various monarchies.""
The art market is shaped by political, economic, and social forces, as outlined in Trading Beauty: Art Market Histories from the Altar to the Gallery. Valentina Castellani emphasizes that valuation criteria are not static and evolve over time. Historically, artists operated within guilds and created works on commission, primarily for the Catholic Church and monarchies. The shift towards private patronage began with the Medici banking dynasty, but the concept of an independent art market remained complex and intertwined with societal demands.
Read at The Art Newspaper - International art news and events
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