Gallery Acquisitions unaffected by economy

“…Chief curator and acting director at the gallery Susan Matheson said gallery acquisitions remain unaffected by economic hardships at this point.

“’The funds for our acquisitions come from specific endowments that are marvelously managed and do not depend on the generosity of individuals,’ Matheson said. ‘Anything true for the University endowment will hold true for us.’”

“Matheson said art market prices might in fact go down because of the recession, though she added that such a decline in prices generally affects only works of lower quality, while high quality pieces hold their value.”

Art gallery brings together historic duo Yale Daily News December 5, 2008

Posted by: Tanya


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