According to thierry
Ehrmann, founder and
CEO of Artprice: “2009
will go down in history as
a year when the art market
shed its excesses and
narrowly avoided a complete
meltdown”. A drastic
purge of the Contemporary art segment,
slashed revenue fi gures and renewed interest
in Old Masters and Modern art… “but
also a strong signal that the art market has
reached a stage of maturity that allows its to
fl uctuate at the same speed as economic indicators
and fi nancial assets”; “the key point
to remember about 2009 is this historical
and sociological change in the art market”.
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