Presently some of the world’s finest cultural heritage, residing within the private homes of the world’s most affluent families, is about to make a move. Artworks like Greco-Roman or Egyptian antiquities, Old Masters, early impressionist paintings, Asian works of art, Vellum books, or important musical and literary archives, will greet new owners.
Also on their way are noteworthy original decorative arts and antiques from famous design houses in history, such as Gallet, Chippendale, Wedgewood, Villeroy & Boch, Faberge, Christofle, Hermes, and others, renowned for their innovation, technique, and aesthetics.
In a world of new socio-economic habits, emerging technologies, and new tendencies in the art investment world, one wonders what is the fate of these artworks in the hands of the next generation.
Many of these are considered heirlooms with ‘added value’, as they are carrying not only a family legacy but also important elements of cultural heritage. The question is- Are affluent families having conversations about the destiny of their ‘things of culture’ in an essential way – or is it all about money, stocks, and property?