With the conclusion of the Jewelry and Watch sales today, Sotheby’s wrapped up another successful round of its twice yearly sales in Hong Kong, this time with two second acts — Part II of the Ullens Collection of Contemporary Asian Art and Part II of the Meiyintang Collection of Important Imperial Chinese Porcelains.
Artvest’s Winter-Spring 2011 Market Analysis discussed the growing phenomenon of the Chinese art market. Results from the spring sales in New York, Hong Kong and Beijing demonstrate that the Chinese auction market continues to gain momentum at a dizzying rate. Sky-high sales results and shattered records were abundant across categories — from Ceramics to Paintings […]
The biggest driver of growth in the Asian auction markets has been and continues to be Chinese Works of Art. Some market observers postulate that this sector is the most accessible of the various Asian art categories for new collectors, which would account for some of the irrational exuberance demonstrated at the moment. Curiously other […]