Although merchants and artists had always traded in works of art, an art trade as such only developed in connection with the formation of an art market. As distinct from a system of art patronage (Patron), an art market means that prices for works of art are set in a free play of supply and demand, and that artists are producing for anonymous cohorts of purchasers rath…
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“Art trade”, in:
Encyclopedia of Early Modern History Online, Executive editor of the English edition: Graeme Dunphy.
Consulted online on 29 April 2017 <http://dx.doi.org/10.1163/2352-0272_emho_COM_022885>