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The Splendor of Europe: Art Markets in Antwerp, Amsterdam and London

The Splendor of Europe: Art Markets in Antwerp, Amsterdam and London. Sophia Wang Middlebury College Student Symposium Spring 2010. Then and Now: What Constitutes an Art Market?. Work of art + Seller + Buyer Middle Ages – Artist (craftsperson) + Patron (church)

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The Splendor of Europe: Art Markets in Antwerp, Amsterdam and London

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  1. The Splendor of Europe:Art Markets in Antwerp, Amsterdam and London Sophia Wang Middlebury College Student Symposium Spring 2010

  2. Then and Now: What Constitutes an Art Market? • Work of art + Seller + Buyer • Middle Ages – Artist (craftsperson) + Patron (church) • Development and expansion of art market • Antwerp –> Amsterdam –> London • In this precise order (!)

  3. Antwerp: A Cultural and Economic Interface from the 14th Century • Modern urban diamond, rich and layered past • Boom in the 14th century • Luxury goods market flourished • Imagine: a sixteenth-century Manhattan

  4. Seeds of Market Sown • Rising demand met by increasing numbers of artists • Increasing mass production • Concentration of labor • Decrease in prices • Increase in demand

  5. Pand: the first open market • Specialized markets • Held in warehouses, commercial exchanges or courtyards • Our Lady’s Pand: art pand built by church (pictured below)

  6. 1640s: Decline of Antwerp • Seminal Treaty of Münster (pictured above) • The Scheldt closed; everyone takes off and goes • Make way for Amsterdam

  7. Amsterdam: Cultural and Economic Interface of the 17th Century • The Dutch Golden Age: Intellectual and Financial Prosperity • A Republic in Monarchical Times • Artists, Dealers, Public Top left: Rijksmuseum, housing a large collection of Dutch Golden Age art. Bottom left: Keizersgracht canal.

  8. Rembrandt:Artistic Genius, Financial Failure? On the right: self-portrait (1661), oil on canvas. On the left: The Night Watch (1642), oil on canvas.

  9. Background as a Miller’s Son • Fortune’s Fool: A Poor Manager of Finances • The Dutch Art Market: Shark-infested Waters • Collecting Mania Pictured above: Aristotle Contemplating a Bust of Homer, (1653), oil on canvas.

  10. London: The Late Bloomer Despite the astonishing richness of the collections assembled at the court of Charles I and the homes of certain courtiers, London art markets were relatively backwater before the 18th century. On the right: Portrait of Thomas Howard, Earl of Arundel (1629-30), by Peter Paul Rubens. On the left: Charles I, King of England, from Three Angles (1646), oil on canvas, by Anthony van Dyck.

  11. Royal and Fabulously Rich Patrons: Taste for the Antique • Charles I of England (1600-49): patron of the arts • Thomas Howard, 2nd Earl of Arundel (1585-1646): collector of marbles and antiquities • Death of the King: Death of Art?

  12. Growth and Development of the London Art Market • Dutch Migration • Legal Restrictions Loosened • The Auction: a “fashionable” sales mechanism • Goods Bartered • Budding Auction Houses

  13. What Is an Art Market? • Art cannot be defined … • Can an art market be defined? • What does it encompass?

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