from PART TWO - THE CREATION OF VALUE IN ARTISTIC WORK
In all my doings, spendings, sales, and other dealings in the Netherlands, in all my affairs high and low, I have suffered loss, and Lady Margaret in particular gave me nothing for what I gave her and did for her.
– Albrecht Dürer, Journal, May 1521For one evaluates pictures differently from tapestries. The latter are purchased by measure, while the former are valued according to their excellence, their subject, and number of figures.
– Peter Paul Rubens, letter to Sir Dudley Carleton, June 1, 1618Introduction
By 1521, when being feted by admiring colleagues on his journey through the Netherlands, Albrecht Dürer had good cause to think of himself as a bit of a superstar in the European art world. A century later, when Peter Paul Rubens was bargaining with a potential client in England over what would be an immensely lucrative deal for him, he had even better reason to be secure in his status as one of Europe's greatest cultural figures. The hundred years that separate these famed artists and their business transactions is a century during which, by most accounts, paintings and prints – the art forms produced by these two – were consolidated in the status of being products for a market. Although an urban art market in which pictures were treated as ordinary commodities can certainly be found earlier than this, it is really in the course of the sixteenth century that the market grows to such proportions that it affects the very status of art itself.
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