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Rogues and Scholars

Boom and Bust in the London Art Market, 1945–2000

James Stourton author

Format:Hardback

Publisher:Bloomsbury Publishing PLC

Published:12th Sep '24

Should be back in stock very soon

Rogues and Scholars cover

A colourful and fast-moving account of how postwar London became the global centre of the art market – a story of Impressionist masterpieces, contemporary art, loaded buyers, dodgy dealers and huge financial transactions.

The modern art market was born on a single night. On 15 October 1958 Sotheby’s of Bond Street staged an ‘event sale’ of Impressionist paintings from the collection of an American banker, Erwin Goldschmidt: three Manets, two Cézannes, one Van Gogh and a Renoir. Movie stars and other celebrities attended in black tie and saw the seven lots go for £781,000 – at the time the highest price for a single art sale.

Overnight, London became the world centre of the art market and Sotheby’s an international auction house. The event signalled a shift in power from dealers to auctioneers and pointed the way for Impressionist paintings to dominate the market for the next forty years. In this climate Sotheby’s and Christie’s became a great business duopoly – as aggressive, dominant and competitive in the field of art sales as Pepsi and Coca-Cola were in soft drinks. The resulting expansion of the market was accompanied by rocketing prices, colourful scandals and legal dramas. Over the decades, London transformed itself from a place of old master sales to a revitalised centre of contemporary art, a process crowned by the opening of Tate Modern in 2000.

James Stourton tells the story of the London art market from the immediate postwar period to the turn of the millennium in engaging and fast-paced style, populating his richly entertaining narrative with a glorious rogues’ gallery of clever amateurs, eccentric scholars, brilliant emigrés, cockney traders and grandees with a flair for the deal.

James Stourton is an excellent art historian and brilliant storyteller; a heady combination that makes Rogues & Scholars the must-read art book of the year. * Will Gompertz *
A perceptive, authoritative and highly readable account of the golden age of the British art market. * Philip Hook *
With panache and characteristically elegant penmanship, James Stourton throws open the doors to a riveting chapter in the history of art in which glamorous eccentricities, serious scholarship and a good deal of swindling cohabit... Stourton brings us a gripping and thoroughly researched chronicle of the post-war art market, punctuated with the occasional ‘you couldn’t make this up’ moment. Rogues & Scholars is just as entertaining as it is educational. * Wolf Burchard *
James Stourton offers a roller-coaster ride through the post-war London art market, an almost breathless account of dizzying ascents and dramatic plunges told through a cast of characters at times barely credible - or perhaps all too credible? - and tales that may seem too fantastical to be true. Readers, however, should not be fooled. This pacy and entertaining narrative belies an insider’s deep understanding and astute analysis of his subject … [Stourton] has negotiated contentious and potentially tedious terrain with a lightness of touch, a genius for the telling anecdote or quote and an estimable ability to pare down facts to the essential -- Susan Moore * Apollo *
Erudite and amusing ... Stourton succeeds in capturing the enduring allure of a largely unregulated and mercurial market, one populated with go-betweens and fixers and peppered with beautiful things. A combination that is both its charm and its flaw. -- Christian House * Financial Times *
What a treat -- Huon Mallalieu * Country Life *
Accessible, wide-ranging and continually fascinating ... Stourton's story is a rollercoaster ride for the individuals and concerns described, and a more insightful work than most novels. Although Andras Kalman is described as Dickensian, only Vanity Fair might strike some as a worthy comparison to this excellent story. -- Jeremy Black * The Critic *
As an overview of the London art market, Stourton’s book cannot be bettered. -- Georgina Adam * Literary Review *

Praise for James Stourton's Heritage:

[A] huge, energetic and tightly written tome on the two-and-half-century history of conservation battles in our homeland... A masterful, dynamic and extremely readable survey of one the major issues of our times. Or all times

* Literary Review *
It not only covers the conservation and protection of our buildings and landscapes, but also the wider cultural aspects * This England *
Compelling and thought-provoking, this book not only explores how Britain's rich and diverse heritage has been conserved (and in some cases destroyed) in the past, but offers a ray of hope for its future * The Observer *

ISBN: 9781804541975

Dimensions: unknown

Weight: unknown

432 pages