Brazil has very long and capturing history. Even though some of its' cultural heritage-related professions' regulations are as young as 2018, the insight into the structure and rules of this culture-rich country is very useful. ArtLaw.club had an honour to talk to Mr.Daniel Scheiblich Rodrigues, Sao Paulo State Government’s current advisor to the Department of Municipal Affairs, former chief cabinet officer at the Department of Cultural Affairs and former manager of the Tax Incentive Cultural Program.
We hear about price records after almost every auction sale. While major auction houses set records in hundreds of millions, less active markets, like Latvian, make do with tens of thousands. Nevertheless, the records are there! What makes the price for art go up or down? What are the main "components" of the value?*