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Home » Blog » The Chinese and Asian Art Markets Solidifying Prices
The Chinese and Asian art markets, have values become predictable? In a nutshell, yes they have, decidedly so.
Not totally predictable to the penny, but in general figuring out very accurately what that Chinese Qianlong vase or jade bowl is worth is much easier than in the past.
Why?
The days of big leaps in prices from one auction to the next ended a few years ago around 2012-2013. Prices since have in effect become quite predictable for Asian and Chinese art. Most items have had enough comparable examples sell at auction in the last 5 or 10 years the likelihood of a shockingly high prices being realized has become much less likely. Thanks to the internet figuring out what something is worth can be done in a matter of minutes to perhaps an hour.
Selling at auction can be fun and exciting. However, if you're more interested in liquidity, efficiency and time are of the essence you might consider another option for clearing up an Asian art collection. Especially when it comes to estate property. Why not just sell the objects directly instead of becoming an auction consignor?
Today, you will likely find, once an auction estimate has been obtained for Asian art and antiques those amounts will be gladly paid by specialist dealers within days. Instead of having to wait months or more to get the things sold at auction for the same prices.
Dealers do of course buy at auction all the time, they also comprise most of the power behind the auction market in general. However being able to make purchases directly is the preferred method of acquiring inventory for two important reasons. It saves a lot of time by not having to wait around all day to bid and keeps the buying prices confidential. In the end, the dealer still spends the same amounts it just happens privately and much sooner. It's also a much more efficient method the seller.
For years we've been buying from heirs and executors directly once they've obtained estate appraisals and estimates from New England and New York auction houses.
So get in touch, the markets have changed and changed for the better, to learn more. CONTACT US Today!
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