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The Worth of the Priceless, and the Price of the Worthless: Does the Modern Art Market Affect the Freedom of Artistic Creativity?

The text presents some features of the contemporary art market and a few specific issues related to the valuation and circulation of works of art. The specificity of the art market, the role of experts and intermediaries, difficulties in valuing works of modern art, have an impact on the scope and content of the protection of moral and material interests resulting from artistic production, the scope and content of freedom of artistic creativi-ty. Processes of valuing artworks bring questions on the necessity of the introduction of regulatory mechanisms to increase the transparency of transactions, in order to protect the value of works of art and the freedom of artistic creativity.