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The Handbook of Personal Wealth Management, 8th Edition by Jonathan Reuvid

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4.1

Art and antiques

JAMES GOODWIN, ARTS RESEARCH

Introduction

‘Nearly all the steps upward in civilisation have been during periods of internationalism,’ wrote the celebrated art historian Kenneth (later Lord) Clark (1903–83).

Never has this been truer than in the last 30 years thanks to the free movement of international capital, with the possible exception of the 19th century, which saw greater migrations of people, the birth of the modern art movement and the establishing of today’s international art market.

The link between art and money is at times perplexing but long-standing, with the first evidence of the art trade 5,000 years ago in the earliest agricultural communities of ancient Mesopotamia (modern Iraq). The first well-documented ...

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