4 Tutorials that teach The Art Market
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The Art Market

The Art Market

Author: Aleisha Olson

This lesson will explore the idea of artistic patrons and patronage.

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Notes on "The Art Market"


Image of Sistine Chapel Ceiling, Michelangelo Buonarotti, Public Domain, http://upload.wikimedia.org/wikipedia/commons/6/67/Michelangelo_Buonarroti_014.jpg; Image of Sistine Chapel Detail, Michelangelo Buonarotti, Public Domain, http://upload.wikimedia.org/wikipedia/commons/7/73/God2-Sistine_Chapel.png; Image of Sistine Chapel Wall, Michelangelo Buonarotti, Public Domain, http://upload.wikimedia.org/wikipedia/commons/7/73/God2-Sistine_Chapel.png; Image of Portrait of Philip IV, Diego Velazquez, Public Domain, http://upload.wikimedia.org/wikipedia/commons/7/79/Velazquez1632philipIV.jpg; Image of Portrait of Infanta Maria Theresa, Diego Velazquez, Public Domain,http://upload.wikimedia.org/wikipedia/commons/1/15/Diego_Vel%C3%A1zquez_030.jpg

Terms to Know
  • Art Gallery

    A store or showroom where works of art are sold. A gallery could also be a room in a museum.

  • Art Market

    The economic circulation of works of art.

  • Auction

    A system of selling works of art in which buyers compete to purchase works of art by offering increasingly higher bids.

  • Patron

    A person who provides financial support for the arts, by purchasing works of art, or by paying the artist as an employee, or by other means, such as establishing a scholarship.

  • Patronage

    The act of financially supporting the arts.