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

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