Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Voices of ARCO

February 13, 2009 by Marion Maneker

John Varoli reports from ARCO with these dealer quotes in his Bloomberg story.

“Prices climbed way too quickly over the past three years, and if they now fall to the level of 2005, or even 2004, that won’t be a bad thing,” said Edward Tyler Nahem, owner of Edward Tyler Nahem Fine Art in New York. “Collectors are returning to the market after being priced out.” [ . . . ] “I don’t feel people have stopped buying,” Benedicte Burrus of Galerie Thaddeus Ropac said. “Interest is still strong.” [ . . . ]“If I was a collector I’d make an offer,” said Bjorn Wetterling, the gallery’s owner. “You’d be stupid not to.” He said the current market crisis is easier for him than the one in the early 1990s. “Back then I had debt, and now I don’t,” said Wetterling.

Hirst Statue Stars at Madrid Show as Dealers Aim to Defy Slump (Bloomberg)

More from Art Market Monitor

  • Emerging Dealers See Swift Sales at an Online-Only Edition of Hauser & Wirth’s June Art FairEmerging Dealers See Swift Sales at an Online-Only Edition of Hauser & Wirth’s June Art Fair
  • Swiss Satellite ActionSwiss Satellite Action
  • Scenes from the Jo'burg Art FairScenes from the Jo'burg Art Fair
  • The Banksy BacklashThe Banksy Backlash
  • Jo'burg Art Fair in One StopJo'burg Art Fair in One Stop
  • Vernissage TV Interviews Heide HatryVernissage TV Interviews Heide Hatry

Filed Under: Uncategorized Tagged With: Art Fairs

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Restituted Van Gogh Portrait from London Collection to Sell at Christie’s
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Christie’s to Sell Its First Fully Digital Work of Art in Test of Emerging Market
  • Roy Lichtenstein’s Top Ten Auction Prices
  • How to Chant Like an Auctioneer
  • Podcast
  • Basquiat's Last Girlfriend
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor