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The article reports on the issues of concern attending conceptual art within the period 1962-1969 with emphasis on the administration of studies in art aesthetics as well as the status of art institutions. According to the author, the two decades spanning the history of conceptual art allows art patrons and scholars alike to appreciate the theories as well as concepts inherent in conceptual art. As a matter of fact, the time element allows for a better contemplation on the developments that occurred within the period. The significance of the two decades of observable history also allows the clarification of varied issues that had transpired in the course of the history of conceptual art.