Cultural property such as artwork is a peculiar object of legal regulation due to its dual nature: it can be unique and irreplaceable while serving as an attractive investment. The dual nature of valuable cultural items ​​raises a number of theoretical and practical issues which are discussed in this book; they include policy and regulations pertaining to cultural property ​​in the national legal system, the challenge of balancing public and private interests in the international trade in cultural items, the practice of designing and signing model contracts concerning cultural property, and the choice of appropriate methods of dispute resolution in the international trade in cultural property.