Art Market Monitor

Global Coverage ~ Unique Analysis

  • Contact Us
  • Podcast
  • Newsletter
  • AMMpro

Chinese Think Old Pots Should Be Worth More than New Art

November 22, 2010 by Marion Maneker

Colin Gleadell says that young Chinese are driving the market for works of art and they’re pricing the objects with an eye toward Western contemporary art. He gets some back up from Guiseppe Eskenazi, the dean of the trade:

Eskenazi says that the traditional, scholarly taste for earlier Song dynasty (11-13th century AD) ceramics and Ming (14th — 17th century AD) porcelain, on which so many western collections were founded, has been pushed aside over the last 2 or 3 years.

“Western and Japanese collectors liked imperial porcelain,” he says” but not the later more showy examples, which didn’t excite them.” Celebrating his 50th year in business, he has just sold an 18th century Qing dynasty vase for which he was asking $25 million to a Chinese buyer. “It would have been much less three or four years ago,” he says. “The interest I had was all Chinese, and I priced it accordingly.” […] In addition, John Axford of Woolley & Wallis, which last week sold an 18th century white jade carving of a deer for £3.8 million to a collector in Hangzhou, believes the Chinese are comparing the price of their antiques with Western modern art in the belief that it should be worth as much or more.

Art Sales: The Great Haul of China (Telegraph)

More from Art Market Monitor

  • Chinese Work of Art Tantalizes MarketChinese Work of Art Tantalizes Market
  • In the UK, The Path to Growth for a Regional Auction House Runs Through IndiaIn the UK, The Path to Growth for a Regional Auction House Runs Through India
  • Russian Art Sales Shrink to 20% of Peak Nearly a Decade AgoRussian Art Sales Shrink to 20% of Peak Nearly a Decade Ago
  • Chinese Invade English ProvincesChinese Invade English Provinces
  • What’s Happened to Asian Art Middle Market?What’s Happened to Asian Art Middle Market?
  • Chinese Porcelain Hunters Return to the Market at Doyle’s, Bid $1.2m for $10k-Estimated VasesChinese Porcelain Hunters Return to the Market at Doyle’s, Bid $1.2m for $10k-Estimated Vases
  • Print
  • Tweet

Filed Under: General

Advertise on Art Market Monitor with Nectar Ads

Top Posts

  • Frieze LA Sales Report
  • Sotheby's to Sell SFMoMA's $35m Rothko for Acquisitions Firepower
  • Early Gauguin Work Emerges at Sotheby's Paris After a Century in Same Family
  • Sotheby's Celebrates Bauhaus's Centenary with 25 Works in Imp-Mod Sales
  • Christie's Announces $70m Picasso Self Portrait
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • David Hockney's $20m Pacific Coast Highway & Santa Monica
  • Sotheby's Brings AI Portraiture Work to Contemporary Day Sale in March
  • Podcast
  • Simon de Pury's Lawsuit Reveals True Price Paid for Gauguin's Nafea faa ipoipo (When will you marry?)


  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • Art Loans
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
Advertise on Art Market Monitor