Leaving with Mme Rolland the responsibility of such an assertion, it is quite safe to say that the trade in antiques, the flourishing commerce in curios, is a trade, if ever there was one, in which objects are bought cheap and sold at a high price, with a stock of lies as a necessary asset.

Naturally the statement does not imply that every dealer is a confirmed liar, ready to take advantage of the incautious and unskilled novice through misrepresentation. Yet even at its best the character of the trade in our day is such that it is difficult to score success without—what shall we say?—flavouring opportunity with fantastic tales, without firing the client’s enthusiasm with some form of mirage, namely, tricking his good faith to entice him within the orbit of—faith.

Point out to a buyer, for instance, the different parts of an object that have been skilfully restored, and nine times out of ten the customer will drop the whole business.

It is incredible the amount of stuff even a good art lover will swallow, if properly offered by a person he trusts, just as it is incredible to see how the enhancing of merits with—grey lies, will help the conclusion of a good round piece of business. One must have had a glimpse at the make-up, have taken a peep behind the scenes to become aware that the more imposing the transaction, the more diverting and genial is the comedy played before the customer, who, at first a spectator, in due time will be called in most cases to take his part in the play, the part of the duped.

There are methods to work up public enthusiasm greatly resembling those adopted by the scheming capitalist in the Stock Exchange.

An English curio dealer of unquestionably high repute realized large profits on Dresden china by the artful way he put before the public an article apparently out of fashion with collectors of ceramics. For two or three years he bought all the Meissen ware within reach until he had accumulated a large quantity at extremely low figures. Then he began sending pieces to noted auction sales, where he invariably sent agents to buy them in after running the objects up to an extravagant price. This trick gradually built up a reputation for Meissen china, some noted collector began to take an interest in it, others followed in his wake. When Meissen ware became the rage and prices were accordingly high, the shrewd dealer got rid of his stock at an astonishing profit.

Nothing absolutely dishonest, one may observe. Yet without stopping to ask whether the action comes within Mme. Rolland’s hyperbolic conception of honesty, it cannot be denied that in the fine art and curio trade what might be defined as the staging part is the most important, even if it finds its greatest justification in clients who follow one another in taste like so many sheep.

The trade in curios may be more specifically outlined by the study of the dramatis personæ taking part in it. It will then be seen that the artifice practised by the London antiquary of good repute is rather an anodyne form of misrepresentation. Such trade tricks differ from the commonplace ones characterizing unclean dealing in other branches of commerce; there is a smack of genius about them which might at times plead for the pardon that Draconian laws accorded to well-thought-out and talented forms of theft. A picture of the clever plots and amusing intrigues planned to the detriment of the modern collector would demand the pen of a Molière. Only the illustrator of Monsieur Tartuffe could give the proper colouring to such inconceivable plays.

These plays are hardly new, however. They have been constantly acted and re-acted with creditable success and enlivening innovations. Formerly fools alone were the victims, rarely real collectors. To-day it is different, with the advent of the new type old distinctions have disappeared.

Some among the many art collectors are intelligent in their work, and far from being beginners. They are outsiders, however. Let them look within the penetralia, into the mysteries, the hidden secrets of the trade so carefully concealed from them, and they will learn how little exaggeration there is in the saying that a large portion of the business in antiques and curios is tainted with fraud, charlatanism, etc., and that even some of the best collectors of our time have been deceived to such an extent that they live surrounded by their objects of virtu as in a sham El Dorado.