Paula Baxter’s Blog
SWAIA Santa Fe Indian Market 2010 — The Early Verdict
Tuesday, August 31st, 2010
Actually, after such a strong headline, I have to hedge. This was my first Indian Market since 2001. Nine years’ absence has good and bad features. I have it on good report that the middle 2000s were prosperous years for IM. Storm clouds lurked around the 2008 Market, and last year definitely showed some signs of the recession.

A view of Santa Fe Indian Market (along the Plaza).
What I did notice, however, was a change in the early morning crowds. These are generally the collectors, devotees who camp out and cluster possessively around their favorite artist’s booth. Their numbers were lighter than I’d ever seen before. Now, this doesn’t mean that high end and major collectors weren’t buying; they reportedly were doing so but were quieter about it, arranging sales through dealers established at the local hotels. Indian Market early morning collectors, however, often are the very people (like myself) who find themselves having leaner, less discretionary-type funds this year.
The artists have the most telling report, and theirs was generally positive. Popular artists sold out quickly or went home with most of their inventory gone. Many felt upbeat, but the long term mood remains wary. This recession is still out there.

