Premier Art Finance Artemundi Group / 2019 Premier Art Finance Artemundi Group : 201 | Page 29

New Yo rk · Lo n d o n · Mexico C ity · Ma drid BEHAVIOR OF THE DIFFERENT ARTISTIC PERIODS . As an asset, the performance of impressionism, baroque, romanticism, neoclassicism, and renaissance artistic movements, has been eclipsed by contemporary art. Availability is one of the primary drivers of the contemporary art euphoria. Artprice Index by Period Base 100 in January 2004 350 325 300 275 250 225 200 175 Post War 150 Contemporary 125 Modern 100 Old Masters 75 XIX Century 50 25 2015 0 ©ArtPrice, 2019 Today, Old Masters, XIX Century, and Modern artworks are extremely rare on the market. This is due to the majority of supply belonging either to museums or collectors who hold works for generations. The monopolization of these “conservative” artworks by museums and generational collectors has left new collectors eager for artworks facing tight pricing. Reduced supply is of the most important reasons why Post War and Contemporary art currently top the Artprice Index by period. Turnover per Artistic Period $12,000,000,000 $10,000,000,000 $8,000,000,000 Contemporary Post War $6,000,000,000 Modern XIX Century $4,000,000,000 Old Masters $2,000,000,000 $0 2005 2006 ©ArtPrice, 2017 www.artemundi.com 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 29