Poly Auction Identify Li Keran Record as Growth Signal – artmarketblog.com Chinese auction house Poly Auction believe that new auction record of US$40,341,000 achieved for Chinese artist Li Keran with the sale of the artist’s Landscape in Red by Poly Auction on the 3rd of June 2012 is an indication that the Chinese art market [...]
Cautious Optimism at Chinese Art Auctions – artmarketblog.com Although the latest round of auctions of Chinese art suggest that the rate of growth of the Chinese art market appears to have slowed somewhat, the results are far from disappointing. In fact, the sheer volume of works being sold combined with the prices being paid for [...]
Exposing the Chinese Art Market With 6 Questions Pt. 3 – artmarketblog.com See part 1 here: http://www.artmarketblog.com/2011/07/01/exposing-the-chinese-art-market-with-6-questions-pt-1-artmarketblog-com/ See part 2 here: http://www.artmarketblog.com/2011/07/11/exposing-the-chinese-art-market-with-6-questions-pt-2-%E2%80%93-artmarketblog-com/ 5. You’ve drawn comparisons between the present market climate, and the lead up to the Japanese crash in 1990. What are your fears for the Chinese market? Is a crash imminent and what [...]
Exposing the Chinese Art Market With 6 Questions Pt. 2 – artmarketblog.com see part 1 here: http://www.artmarketblog.com/2011/07/01/exposing-the-chinese-art-market-with-6-questions-pt-1-artmarketblog-com/ 3. What specific indicators would suggest a price bubble for Chinese art, and is this “bubble” a general feature across all art sectors in China, or specific to contemporary art since the 1990s, for example? The characteristics of [...]
Exposing the Chinese Art Market With 6 Questions Pt. 1 – artmarketblog.com Q1. The records from the recent Christie’s fine modern paintings sale (31 May), along with records from China Guardian Auctions Co. from the 2009 Autumn sale onwards, show that auction house estimates have become little more than conventional additions rather than indicative price [...]
An Art Market Bubble Chinese Style Pt. 3 – artmarketblog.com It seems that most people associate an art market boom with a sudden and rapid increase in the prices being paid for works of art combined with an increase in the number of works of art being sold on either a market-wide scale or within [...]
An Art Market Bubble Chinese Style Pt. 2 – artmarketblog.com My last post generated quite a lot of discussion and debate surrounding the current state and future potential of the Chinese art market ,which I hoped it would. I used my last post to address some of the concerns I have regarding the way the [...]
An Art Market Bubble Chinese Style Pt. 1 – artmarketblog.com There can be no doubt that the global art market is currently experiencing a period of increased confidence and positive sentiment that is being defined and driven by an influx of wealthy Chinese buyers who are not only having a significant influence on the western [...]
Chinese Art Market Matters from thedaily.com – artmarketblog.com I was recently interviewed by a journalist from the online ipad newspaper TheDaily.com regarding the Chinese art market boom. To see the full article visit: http://www.thedaily.com/page/2011/04/10/041011-biz-chinese-art-market-2-2/ My opinions were also mentioned in this article from Art Throb: http://www.artthrob.co.za/News/China-tops-rankings-for-art-auction-revenue-by-Katharine-Jacobs-on-09-April.aspx# **Nicholas Forrest is an art market analyst, art [...]
Is the Chinese Art Market Boom Doomed? – artmarketblog.com As well all know, and as I have written about many times before, the art market experienced a serious collapse in the early 1990′s when the Japanese wealth wagon that was driving the art market boom came to a grinding halt. News last week from artprice.com [...]
