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Sunday, 18 November 2018

If I could tell you one thing - Asian art trends


“Damaged but good”

Kate Hunt

Christie’s head of sale for Chinese ceramics and works of art

As prices have gone higher and supply is reducing, many collectors are attracted by something that is good but damaged. Ten years ago they would not sell. Now buyers do not have a choice. Kate Hunt of Christie’s has certainly observed this at the top end of the market at a moment when perfect ‘mark and period’ ceramics are no longer a financially viable option for most buyers.
The multi-estimate response to the (often damaged) Chinese ceramics deaccessioned from the Metropolitan Museum of Art sold by Christie’s New York in 2016 provides a good example. “However, for more commonly seen pieces, buyers are less tolerant,” says Hunt. “A well-painted blue and white Kangxi bowl, for example, worth £1500 in a perfect state, will maybe fetch around £150 if cracked.”

“Location, location, location”

Colin Sheaf

Global head of Asian art, Bonhams

Perhaps more than for any other field, location of sale remains vital for buying and selling Chinese art – despite globalisation and the rise of online.
The Asian art market has settled into a “well-defined pattern”, says Colin Sheaf, Bonhams’ global head of Asian art, “around the three major world centres of New York, London and Hong Kong – with different categories selling well in each city”.
Export ware sells best in its original destination markets of the US East Coast and Western Europe, archaic bronzes too as they remain outside the ‘Chinese taste’ and “sell better in New York and London than anywhere else”.
Meanwhile, the best imperial ceramics and white jade are sold in Hong Kong, such as a pair of imperial Qianlong pale green jade wine jue vessels, pictured above, sold for HK$11.1m (£1.1m) (including buyer’s premium) at Bonhams’ Fine Chinese Ceramics and Works of Art in May.
Bonhams’ sale last month of the Presencer Collection of Buddhist Art took place in Hong Kong, “now one of the two most important places, alongside New York, for selling Tibetan and Himalayan art”.

“Early Chinese ceramics on the rise”

Robin Fisher

Director, Eastern, Oriental Art & Ceramics, Mallams

Chinese ‘classic age’ ceramics – in financial terms the poor relation of Qing magnificence – are enjoying an upturn in demand, one that has followed both the appearance of some fine early material on the market and a number of museum exhibitions on the subject in the Far East.
“A strong trend that we have seen in our sales has been the enduring popularity of ceramics from the Song dynasty (960-1279),” says Robin Fisher at Mallams.
“The monochrome glazes, restrained shapes, and organic decoration developed in this experimental era are easily identifiable, and part of the appeal is that the period’s influence can still be seen clearly in the pottery of the East and West today. This resonates with modern collectors.”
This market continues to offer value. Top-end Song has seen a shift in prices evidenced by Christie’s four-part sale of the Linyushanren collection and this has begun to filter through to mid-range material.
However, plenty of well-provenanced Song dynasty ceramics are still available. Qingbai ceramics with their distinctive bluish-white glaze can be bought in the £1000-3000 range.
A variety of Song ceramics are included in Mallams’ October 31 Chinese and Japanese art sale. Many are part of a private local collection formed by the vendor’s father while working in the diplomatic service in Hong Kong from 1950-80.

“Momentum behind Chinese paintings”

Lazarus Halstead

Head Of Asian Art At Chiswick Auctions

Chinese paintings have traditionally been the preserve of the selling centres of Hong Kong, New York and particularly mainland China where paintings made up close to half of all Chinese art sales in 2017.
But Lazarus Halstead, head of Asian art at Chiswick Auctions in west London, believes collectors and dealers are increasingly looking further afield for their quarry.
Chinese paintings are still to be found in English collections – entering these shores since the 19th century by the way of Western missionaries, diplomats and Chinese and Hong Kong immigrants. “The prices achieved in London are now closing in on those of Hong Kong,” he says.
Halstead is not alone in suggesting some works, particularly those directly attributable to an individual artist, may be undervalued.
He says: “Quite unlike much Chinese porcelain, which was generally mass produced by a large number of artisans working together, paintings are the result of an individual artist and his style and character. While ceramics remain the dominant force in the market, paintings could yet surpass other categories to become the most expensive category within Chinese art.”

“Lacquer is creeping up on porcelain”

Roger Keverne

London dealer in Chinese works of art

London dealer Roger Keverne says a selective market has created opportunities for the buyer who is not necessarily focused on the collecting zeitgeist.
Keverne says that ‘Chinese taste’, the phrase associated with the Chinese domestic market that has come to mean Qing porcelain, white jades and Beijing enamels, is evolving.
“There is now more interest in later Chinese bronzes, ‘classic age’ ceramics, in Ming and earlier jades, and in jades in ‘unfashionable’ colours. Spinach jade, for example, was important in the 18th century and personally appreciated by the emperor himself. It was prized in the Western art market from the 1920s to 1960s and then fell out of favour, but is now coming back.”
The market is also beginning to correct the gulf that exists between porcelain and less fashionable mediums such as lacquer. “Lacquer is creeping up, as it is much rarer than other types of Chinese works of art. I am finding it harder to buy the good things.”

“Young Chinese collectors are interested in Buddhism”

Giuseppe Eskenazi

Eskenazi

The taste of mainland Chinese buyers is changing, notes London Chinese art specialist Giuseppe Eskenazi.
“Demand for porcelain, that used to be focused on Qing and Ming, is definitely seeing a shift to the earlier dynasties and recently we are seeing greater demand, particularly from mainland Chinese buyers, for later (Yuan and Ming) Chinese bronzes. These bronzes are also being sold at auctions in Shanghai and Beijing – that did not happen before.”
Crucially in these neglected areas (less fashionable than archaic bronzes and pieces from the Qing imperial household), supply is currently relatively plentiful. “If there isn’t the supply, the demand is not there either. Buyers want to collect in areas where they have a chance to buy something.”
The dealer believes a generation of buyers – a second wave of collectors following the wake of those who entered the market a decade ago – is beginning to make its presence felt.
“In the last two years mainland Chinese collectors have expressed particular interest in Buddhist sculpture. Many of these younger buyers, coming from a non-religious Communist background, now want to rediscover their culture and there has been a resurgence in interest in Buddhism generally.”

https://www.antiquestradegazette.com/print-edition/2018/october/2364/asian-art/if-i-could-tell-you-one-thing/

Sunday, 11 November 2018

In Search of the Real Thing: China’s Quest to Buy Back Its Lost Heritage



Last month, at Sotheby’s in Hong Kong, a Chinese 18th-century Imperial porcelain “poppy” bowl sold for $21.6 million. At the same auction, an elaborately decorated “fish” vase, also thought to be of Imperial provenance from the Qianlong era, raised $19 million.
Buoyed by a surging economy, Chinese dealers and collectors have since the mid 2000s been bidding formidable sums for the finest artworks from their country’s past. But in recent years, as China’s economic growth has slowed, the market for its antiques has become less frothy.
Chinese buyers have recently found an appreciation of the rarefied field of Buddhist sculpture, an example of which reached an auction high of $30 million in 2014. The enthusiasm might be viewed as a sign of what Ms. Hunt, the Christie’s specialist, identified as maturity in the market.
With the United States no longer threatening to impose a 25 percent import tariff on Chinese antiques — a move that could have benefited Europe’s art trade — London is faced with ever-diminishing supplies of quality pieces.
Repatriated Chinese antiques generally don’t come back. Those pieces that do arrive in Britain from China are often not what they seem, according to John Axford, an Asian art specialist at Woolley & Wallis, a British auction house.


https://www.nytimes.com/2018/11/09/arts/design/chinese-antiques-london.html

Sunday, 4 November 2018

Chinese Dish From Carlow Priced To Make Over €40,000 in Sale of Asian Items




Lot 93, an enamel fish basin which would “keep a drowsy emperor awake”



It’s fair to say that Western gardeners don’t pay much attention to the humble chrysanthemum. In Chinese culture the plant has fared rather differently. Inspired by its ability to resist winter chills, Chinese emperors drank wines laced with chrysanthemum, poets praised what they called “the petals of longevity”, and the intricate forms of chrysanthemum flowers came to figure prominently in Chinese art.  
Symbolically the flower is associated with long life, good fortune and the season of autumn, so it’s appropriate that the most expensive piece in Adam’s first-ever specialist auction of Fine Oriental Ceramics, Sculpture and Art is a green “chrysanthemum dish” (Lot 74, €40,000-€60,000).
Why such a high estimate for such a tiny dish? 
“It dates from the Yongzheng period, which was quite a short one, 1723 to 1735, and porcelain from that time is known for its high technical quality,” says Ronan Flanagan of Adam’s fine art department. “Porcelains were moving away from blue and white, and coloured glazes were the order of the day. The chrysanthemum dishes are well known to the market, and highly collectible.”



https://www.irishtimes.com/life-and-style/homes-and-property/fine-art-antiques/chinese-dish-from-carlow-priced-to-make-over-40-000-in-sale-of-asian-items-1.3674201

Sunday, 28 October 2018

Beijing’s Art Auctioneers Aim At Western Duopoly


Chinese art auction giants are aiming at the duopoly of Sotheby’s and Christie’s, but it looks a long shot. State-backed behemoth Poly International and China Guardian, both Beijing-based, now dominate the $7.1 billion global market for Chinese art and antiques. Having crushed smaller local rivals, they are expanding abroad. But their parochial, state-protected nature hobbles them. The Western houses’ offshore share looks safe for now.

The meteoric rise of Chinese auctioneers can be partly attributed to laws restricting foreigners from selling antiquities on the mainland – given a history of Western imperialists sneaking precious artefacts out of the country. That helped China’s Poly Auction, the world’s third largest auction company, rake in sales of $1.6 billion in 2017, according to a report by Art Basel and UBS; Guardian logged over $1 billion.

Dominance at home freed Poly and Guardian to compete abroad. Guardian founder Chen Dongsheng, for example, took a near 14 percent stake in the Sotheby’s two years ago, becoming its largest shareholder. Poly has since set up shop in Sydney, Los Angeles, Tokyo and New York.


https://www.breakingviews.com/considered-view/beijings-art-auctioneers-aim-at-western-duopoly/

Sunday, 21 October 2018

The 5 Biggest Myths About the Chinese Art Market—and the Inconvenient Realities That May Give Investors Pause



Myth 1: The market for Chinese art is a juggernaut. 

Reality: Not exactly. The market is growing—but only at the very top end.


On the surface, it all looks fairly robust. In 2017, auction sales of Chinese art and antiques reversed two years of decline—which had coincided with similar downturns around the world—and grew 7 percent year-on-year, to $7.1 billion, according to the latest Global Chinese Art Auction Market Report produced by artnet and the China Association of Auctioneers (CAA).
Beneath the banner figures, however, there are signs that the recovery of Chinese art could be a bit of a dead cat bounce. First, the total is still down substantially from the market’s record high of more than $10 billion in 2011. Second, the numbers—as in the rest of the global art market—are considerably distorted by a thin top end.



Myth 2: It’s only a matter of time before the art markets in Shanghai and Beijing catch up with Hong Kong.

Reality: This is an extremely uphill battle—and one that few seem interested in waging.

Despite their growing presence in Hong Kong, even the big guns from the West have had trouble going deeper into the market in China. Sotheby’s, which opened a joint venture in Beijing with the state-owned Gehua Art Company in 2012, hasn’t held an auction there since 2013. “We have a long way to go before making Beijing and Shanghai as competitive as Hong Kong,” Kevin Ching, the chief executive of Sotheby’s Asia, acknowledges.

Christie’s presence is also limited. The auction house landed in Shanghai to much fanfare and ribbon cutting in 2013, but it now has just one dedicated week of sales and events each year, in September. Rebecca Wei, president of Christie’s Asia, emphasizes her auction house’s commitment to the country but defines its presence as mostly a brand-building exercise for now.



Myth 3: China’s collectors default on art payments left and right.

Reality: This isn’t the whole story. Some of these collectors are just trying to avoid ending up with a forgery.

According to the most recent data, which CAA verified against tax filings, more than half of all money pledged at auction had not actually been paid nearly six months after the winning bids were placed. Analyzing data from 358 auction houses, the artnet and CAA report finds that 51 percent of the total value of sales on the mainland in 2017 had not been fully paid up by May 15, 2018, an increase from the already dismal 49 percent in 2016 and 41 percent the previous year. Of the 18 lots that sold for more than ¥100 million ($14.2 million), only two were paid for in full by this time.

Nevertheless, research suggests that the growing problem may be more nuanced than it seems—and that the blame for nonpayment may not rest solely with the absentee buyers.



Myth 4: Chinese collectors are primarily interested in Chinese art.

Reality: This is changing—fast.

“I would describe the market in China as stable for us, but Chinese buyers’ purchases of Western art have increased most significantly,” says Rebecca Wei. In the first half of 2018, 12 percent of total sales at Christie’s were made in Asia, while Asian buying as a whole accounted for 24 percent ($960 million) of worldwide sales for the same period. Of the money spent by the Asian buyers, Wei notes, 60 percent was for non-Asian pieces (including luxury items), up from 48 percent during the equivalent period last year.




Myth 5: Western collectors are becoming increasingly interested in Chinese art.

Reality: Sit back…this is going to take a while.

Most Chinese artists—apart from a few high-profile contemporary practitioners—have experienced scant interest from Western collectors. And the mainland galleries that support and promote Chinese art have yet to make their presence felt much beyond Hong Kong.



https://news.artnet.com/market/5-biggest-myths-chinese-art-market-1371619


Sunday, 14 October 2018

Chinese Artist Fears Ink Painting Tradition Is Being Tarnished By Need To Stay Relevant



Luo Ying is a purist. The professor of traditional Chinese painting practises what she teaches: her classical ink landscape paintingsborrow techniques and styles of brushwork used as far back as the Song dynasty (960 – 1279AD).

“Chinese ink painting is the quintessence of our nation’s heritage. It is a timeless, classical art form that we can proudly show off to the world. There is no need to adulterate it with contemporary elements,” says the 44-year-old Hangzhou native at her first exhibition in Hong Kong.

Luo fears that clumsy attempts to make Chinese ink art relevant to today’s world can take the focus away from traditional techniques and the underlying philosophy of the ancient art form. “Showing figures wearing face masks to make a point about air pollution is a bad idea, I think. You can watch the news if you want to find out about current affairs. Chinese paintings are not supposed to be about that.”


https://www.scmp.com/culture/arts-entertainment/article/2155665/chinese-artist-invigorates-ink-painting-keep-tradition

Sunday, 7 October 2018

Ancient Chinese Painting Expected To Fetch $51 Million


Hong Kong (AFP) - A nearly 1000-year-old ink painting by one of China's greatest literati masters Su Shi is expected to fetch US$51 million at auction, Christie's said Thursday as the work went on view in Hong Kong.
The Song Dynasty artwork created by Su is "one of the world's rarest Chinese paintings," said the auction house.
Entitled "Wood and Rock," the ink-on-paper handscroll depicts a dragon-like old tree with withered branches and a sharp rock resting at its root.
The versatile literati, also known as Su Dongpo is one of the most important cultural figures in Chinese history and was an esteemed scholar, poet, prose-writer, painter, calligrapher and statesman.
The 185.5cm-long scroll is inscribed with calligraphy and the poems of four important literati of the 11th century in China, and also exhibits the seals of 41 collectors.
The painting will be on view until September 1 and will go under the hammer on November 26 as part of Christie's Hong Kong Autumn Sale.
Stone said the artwork is expected to attract interests from outside China.
"It's an international masterpiece instead of just a Chinese masterpiece," he added.
In 2010, "Dizhuming", a Chinese calligraphy scroll by Huang Tingjian -- Su Shi's student -- sold for $64 million at Poly Auction in Beijing.


https://www.thestar.com.my/news/regional/2018/08/31/ancient-chinese-painting-expected-to-fetch-$51-million/



I must admit the eye-popping figure Christie's is expecting to fetch for Su Shi's Wood and Rock painting is hard to ignore. However, I find it extremely hard to ignore the fact that Su Shi's student's work managed to sell for a whooping $13million more than the estimated amount of Su Shi's painting! And mind you, that was 8 years ago. Maybe collecting an apprentice's work of art is not such a bad idea after all.

Sunday, 23 September 2018

Chinese Art and Antiquities Spared From Trump Tariffs, For Now


Trump ordered his administration to impose 10 percent tariffs on $200 billion in Chinese goods next week and to raise the rate to 25 percent in January if Beijing refuses to offer trade concessions. Among items removed from the initial list of goods targeted for duties are those covering paintings, sculptures, collages, ceramics and historical collectibles, along with antiques older than 100 years.

Critics of the tariff plan said it would discourage private collectors and dealers from acquiring Chinese art and cultural items, and because museums rely on donations, they and the viewing public would suffer. They also questioned the effectiveness of trying to spur U.S. production or change China’s trade behavior by targeting art.



Global Sales

China is the world’s No. 2 art market, accounting for 21 percent of sales by value, behind the U.S. at 42 percent, according to the Art Market 2018 report from Art Basel and UBS Group AG. Sales in the global art market reached $63.7 billion in 2017, up 12 percent from 2016, according to the report.

Imports originating from China last year included $107.2 million for century-old antiques and $66.6 million for paintings, drawings and pastels by hand, according to U.S. Census data.

Still, Chinese art could be put back in the line of fire.

https://www.bloomberg.com/news/articles/2018-09-18/chinese-art-and-antiquities-spared-from-trump-tariffs-for-now

Sunday, 16 September 2018

Calling All Collectors to Join Us At Our First Monthly Sale!


Dear readers,

I'm delighted and excited to announce that Naik Antiques and Oriental Gifts will be having our first monthly sales soon! Apart from our usual evaluation of items from 3.30pm - 5pm, we are inviting collectors who are looking to sell off their collection/inheritance to join us! Collectors/sellers can display up to 3 small items at our shop on the date and time stipulated below:

Date: 29/9/18 (Saturday)

Time: 10.30am - 5.30pm

Address: 
111M, Jln SS21/37,
Damansara Utama

Interested parties can PM me at 018 3867939 for more information. First come, first serve basis.

Cheers and hope u all have a great weekend!



May Naik

Sunday, 9 September 2018

Abu Dhabi Delays Exhibition of Da Vinci's 'Salvator Mundi



Dubai, United Arab Emirates (AP) -- The unveiling of Leonardo da Vinci's painting "Salvator Mundi" at the Louvre Abu Dhabi has been indefinitely postponed, authorities said Monday.

Abu Dhabi's Department of Culture and Tourism announced the delay on Twitter, saying "more details will be announced soon."

It was to be displayed from Sept. 18. The National, a state-aligned English-language newspaper in Abu Dhabi, wrote online Monday that "speculation suggests the museum might be waiting for its one-year anniversary on Nov. 11" to unveil it.




The full article is available in the link below:

https://www.bloomberg.com/news/articles/2018-09-03/abu-dhabi-delays-exhibition-of-da-vinci-s-salvator-mundi?srnd=premium-asia

Sunday, 2 September 2018

Rare Chinese ‘Da Vinci’ Scroll May Set Asian Art Auction Record By Frederik Balfour



An extremely rare, 11th-century Chinese scroll could set an auction price record for an Asian artwork, when it goes on the block at Christie’s November Hong Kong sale.
Estimated in excess of HK$400 million ($51 million), the work is only one of two known scrolls produced by Song dynasty artist Su Shi, and the first to ever appear at auction, Christie’s said. The other resides in the National Palace Museum in Taiwan.
"This is simply the best Chinese painting you could possibly get," said Jonathan Stone, co-chairman of Christie’s Asian Art department, who likened the piece’s significance and rarity to that of " Salvator Mundi" by Leonardo Da Vinci. "In the purely market sense, there is comparability."
https://www.bloomberg.com/news/articles/2018-08-30/rare-chinese-da-vinci-scroll-may-set-asian-art-auction-record

Sunday, 26 August 2018

How Art May Become A Casualty of US-China Trade War By Scott Reyburn


The latest list of targeted Chinese goods ran to 205 pages. It included sand blasting machines; eels, fresh or chilled (excluding fillets); hats; and, at the bottom of the last page, paintings and drawings executed entirely by hand, original sculptures, and antiques more than 100 years old.
The tariffs would apply to all artworks that originated in China, regardless of how they entered the United States. That means American buyers could be required to pay 25 percent more for a Ming dynasty bowl sold by a British owner at an auction in New York, as well as for a painting by a young Beijing-based artist at a gallery in Hong Kong.
The announcement has caused outrage in the art world.
James Lally, the founder of J.J. Lally & Co., a dealer based in New York that specializes in Asian art, said that the proposed tariffs were "a matter of great concern" to museums, collectors, curators and dealers worldwide.
Sotheby's, Christie's and the Asia Week New York association of dealers said in a written complaint that the United States, not China, would be affected most.

https://www.cnbc.com/2018/08/25/will-art-become-a-casualty-of-us-china-trade-war.html

Sunday, 12 August 2018

Damaged Chinese Vases Still Pack A Punch At Auction By Roland Arkell




In recent years, as prices for the best Qing porcelain has spiralled, buyers have shown more tolerance towards damaged pieces. A similar 13in (32cm) vase from the preceding Qianlong period (1735-96) in broken condition ‘sold’ at Eastbourne Auctions earlier this year for £70,000 against a £100 estimate.
After the buyer failed to pay, it was reoffered on June 8 with bidders asked to provide a deposit of £5000. It sold this time at £53,000 (plus 24% buyer’s premium).


https://www.antiquestradegazette.com/news/2018/damaged-chinese-vases-still-pack-a-punch-at-auction/

Sunday, 22 July 2018

A Fine Imperial Famille Rose Bowl with Gold-plated Enamels Featuring Scenic Landscape For Sale.





A fine imperial famille rose bowl with gold-plated enamels featuring scenic landscape.
Diameter - 15cm

Qianlong mark



Interested parties can contact May at +6018 3867939 or write to emperorsantique@gmail.com.

Sunday, 15 July 2018

Collecting Guide: 7 Things to Consider When Collecting Chinese Porcelains



1. Examine decoration.
Chinese-taste pieces created for domestic consumption are almost always decorated with Chinese motifs, such as flowers, landscapes, Buddhist emblems and so on. Those bound for the West often incorporate Western themes or designs, which the artists would have received from foreign traders.


2. Chinese-taste motifs.
The dragon, which symbolises imperial power, is one of the most frequent motifs in Chinese porcelains. ‘It is a symbol of the emperor and one of the most sought after decorations for today’s Chinese collectors.

The imperial dragon appears on the finest of porcelains created for the emperor, which also bear imperial reign marks. Eventually, the dragon became an enduring motif and appears on a variety of wares, including imperial, domestic and export.
Pieces can range in value: ‘Much depends on rarity, condition, and provenance,’ says Gristina. ‘There are definitely affordable imperial pieces that are perfectly authentic and available to the new collector.


3. Take a look at transitional wares.  
Traditionally a Western collecting category, porcelains made in the period between the Ming and Qing dynasties, known as ‘Transitional’ wares, are gaining popularity with Chinese collectors.
The kilns in China were not under imperial control at the time, so the painters and artisans had greater artistic freedom. You find a lot of interesting designs and some beautifully painted landscapes during that time period.


4. Consider hybrid porcelains.
There are also hybrid pieces, which blur the boundaries between domestic and export works. Made in the early 18th century, these objects reflect Chinese tastes but were sold to both domestic and export markets. At this point in history, before private European orders were common, demand in Europe for Chinese porcelains was great, and Western trading companies brought back porcelains decorated with Chinese motifs for a demanding clientele.


5. Porcelain objects for the scholar. 
Another interesting sub-category of Chinese porcelains to consider includes pieces that would have adorned scholars’ desks: small brushpots, objects upon which brushes rested, flower vases and more. These pieces were made in a range of materials, such as wood and enamel, and also in porcelain.


6. Do your homework. 
As is always the case, new collectors should strive to see as many works as they can, and get their hands on any and every material that they can from museums, auction houses, and dealers.


7. Look for restorations.
In the past, restorations tend to brown or yellow and flake with time, but new techniques make restorations harder to see. One trick to uncover restorations is to stick a pin in the questionable area; if it sticks be wary. Porcelain that has not been overpainted will not scratch. Holding a flashlight up to a work can also help with spotting hair-line cracks.




https://www.christies.com/features/Chinese-porcelain-Collecting-guide-7781-1.aspx

Sunday, 1 July 2018

Chinese Dealers Who Made Hong Kong An Antiques Trade Hub Recall The Glory Days By Enid Tsui



The period from the 1950s to the ’70s saw the beginning of Hong Kong’s economic miracle. The blow dealt to the city’s post-second-world-war recovery by the Korean conflict and the consequent American-led blockade on Chinese trade was ameliorated by an influx of people from China who brought fresh capital and built factories, reducing the city’s reliance on the entre­pôt trade.
The antiques business flourished in this environ­ment and the market was dominated by dealers from China who moved to Hong Kong to escape the political and econo­mic turmoil after the Communist Party took over.
The field widened in the late 1960s, when Hong Kong began to attract more international collectors. Western deal­ers such as Hugh Moss and Glenn and Lucille Vessa, of Honeychurch Antiques, began to trade in the city. Holly­wood Road started to fill with antiques shops catering to expatriates and visitors, initially from America and Europe, later from Japan and Taiwan. In 1973, Sotheby’s became the first international auction house to hold regular sales in Hong Kong.
The dealers in Hong Kong often returned to [China] and bought from the antiques market in Beijing’s Liulichang district or from dealers who kept stock at home.”
There were restrictions, though.
“Nothing as old as Han [206BC-AD220] and Tang [AD618-907] dynasty was allowed to be taken out but Qing [1644-1911] and Ming [1368-1644] stuff, no problem,” says Hei Snr. “Even imperial kiln ceramics could be exported.”
Hong Kong dealers continued to source from China during the turmoil of the Cultural Revolution.
Nevertheless, the mood is gloomy along Hollywood Road, where Andy Hei has had his own furniture shop since 2000. Last summer, Honeychurch Antiques became the latest of many dealerships to close their doors for good. Rising rent is the main cause. In the ’80s, the average monthly rent was HK$10,000. By 2000, Andy Hei was paying about HK$30,000. And then the market went berserk.
In some ways, the industry has also become a victim of its own success. “It is hard for anyone to set up a new business unless they come from a family of dealers with an existing inventory. It costs so much to buy now, and there are so many fakes out there,” Andy Hei says.
The market has changed dramatically in other ways.
“The old clients have gone along with the generous housing allowances that expatriates used to get,” he says. “Westerners also don’t have the same romantic idea about ‘the Orient’ that used to spur Europeans and Americans to study, collect and live with Chinese antiques. Buyers [from China] have different tastes and ways of doing business.
“They bargain. They are impatient. They phone you up at midnight on a Sunday.”


http://www.scmp.com/magazines/post-magazine/long-reads/article/2127782/chinese-dealers-who-made-hong-kong-antiques-trade

Sunday, 17 June 2018

Grandpa Brought Chinese Antiques Abroad. Now Sotheby’s New Asia Chief Wants to Bring Them Home By Ryan Swift



As a toddler in the 1970s, Nicolas Chow would run around in the Geneva house of his legendary grandfather, Edward T. Chow, a famed dealer of Chinese antiquities. “We used to visit my grandpa for lunch on Sundays, and he had this thick carpet on the floor … that was my first contact, seeing these beautiful porcelains,” Chow recalls. 
The elder Chow was famous for dealing with some of the world’s earliest collectors of China’s ancient artifacts, building an international network from his home in Shanghai, before he joined the exodus to Hong Kong in 1949, finally escaping the 1967 riots to Switzerland. Edward Chow also had a hand in the great exodus of Chinese antiquities from China to western collectors. 
Now, his grandson, newly promoted as chairman of Sotheby’s Asia, is playing a part in bringing those antiquities back to China. He is also doing his best to widen the interests of China’s collectors  to boost Sotheby’s presence in China. 
Having joined Sotheby’s in 1999, Chow arrived at just the moment that Chinese collectors began to make their presence felt in the market. His moment of glory came with the now-legendary chicken cup, bought by Shanghai-based collector Liu Yiqian.
The evolution of the mainland Chinese art collector is moving into a wide array of new types, says Chow, and the price is not the determining factor. “The Chinese are keen on building collections; that’s why they have this energy. In the beginning, a lot of people were ridiculing them as ignorant. But when you engage with that degree of intensity, you learn quickly,” Chow says. “In the beginning, they (mainland Chinese buyers) may have gravitated towards decorative pieces, but quickly moved to the essentials … now they are branching out to other areas – contemporary Asian, Western, even Old Masters.” 
One of the things that mark out mainland Chinese buyers, Chow says, is their willingness to experiment in their collecting, much more so than buyers in Hong Kong. It may also have something to do with the intrusion of social media into the art world, which Chow thinks has led to collectors, particularly new collectors, wanting more stimulation and more worlds to explore. 



http://www.scmp.com/business/money/wealth/article/2145688/grandpa-brought-chinese-antiques-abroad-now-sothebys-new-asia

Sunday, 3 June 2018

Hong Kong Must Shut Door on Illicit Trade in Antiquities Before It Can Emerge As Global Art Hub By Eduard Fernández



The trade in looted artefacts in Hong Kong began over a century ago, when such items were sold on Hollywood Road. Experts say Hong Kong’s busy port and set of rules protecting buyers of illicit pieces have allowed this trade to continue. “If you want to buy looted antiquities, Hong Kong is one of the best places in the world to do it,” says Steven Gallagher, associate dean of the Chinese University of Hong Kong’s Faculty of Law. 

Along Hollywood Road, the antiques stores are still a tourist attraction. Joanna Caen, a senior consultant and adviser for high net worth individuals, banks and trustees from the law firm Herbert Smith Freehills, recommends to those interested in acquiring antiquities to buy “through reputable agents” and have the provenance documentation reviewed by independent experts.
That said, the challenge of determining real provenance is tough, paperwork or not. “Receipts and certifications are only as good as the person that writes them,” says Roger Schwendeman, an antiques merchant who operates in China and Hong Kong. 

Other dealers admit there are still objects with questionable origins on the market, but stress that most professionals will stay away from them. “It’s up to the individual dealer; some take a chance, and some are more cautious, because you can have some problems with collectors, as many might reject those pieces,” says Nader Rasti, owner of Rasti Chinese Art. However, Jamie Wang, from Orientique Arts Dealer, says regardless of their origin, “good [pieces] will eventually be picked up”.

As Hong Kong ramps up its bid to become a global art hub, experts have called for the city to close its doors to the illicit trade of cultural property once and for all.



http://www.scmp.com/business/article/2136161/hong-kong-must-shut-door-illicit-trade-antiquities-it-can-emerge-global-art

Saturday, 19 May 2018

FREE Evaluation and Talk at Naik Antiques and Oriental Gifts


Dear readers, 

In order to assist our customers, friends and associates in their quest to collect beautiful collectibles, we have decided to to include a mini talk in our second evaluation session! Below are the full details:

Date: 26th May 2018
Venue: Naik Antiques and Oriental Gifts
Address: 111M, Jln SS21/37, Damansara Utama, 47400 PJ

AGENDA
3pm - 5pm: FREE evaluation of items
5pm - 5.30pm: Introduction to Blue & White (Ceramics)
5.30pm – 5.45pm: Q&A

Please click on the link below to register:

https://www.eventbrite.com/e/free-evaluation-and-talk-at-naik-antiques-and-oriental-gifts-tickets-46149462284

For further inquiries, please do not hesitate to contact me at 018 3867939.


Regards


May Naik

Ancient Greeks 'may have inspired China's Terracotta Army' by Maev Kennedy


Greek craft workers may have helped inspire the most famous Chinese sculptures ever made – the 8,000 warriors of the Terracotta Army who have been watching over the tomb of the first emperor of China for more than 2,000 years.
Archaeologists and historians working on the warriors say they now believe that the figures’ startlingly lifelike appearance could have been influenced by the arrival in China of ancient Greek sculptures, and even that Greek sculptors made their way there to teach their designs.
Li Xiuzhen, a senior archaeologist at the site, said recent discoveries, including that of ancient European DNA recovered from sites in Xinjian province from the time of the first emperor, were overturning traditional thinking about the level of contact between Asia and Europe more than 1,500 years before the travels of Marco Polo.
The Terracotta Army , unearthed from pits in Xi’an, was discovered in 1974 by a farmer, who was terrified to see a human face staring up at him from among the cabbages. Many other pits of terracotta soldiers have been found, but the older ones are small and usually very stylised. The Xi’an figures, safeguarding Qinshihuang, the first emperor, with their weapons, horses and war chariots, are life size and sculpted in extraordinary detail down to elaborate hairstyles and decorative knots tying sections of their armour.
Archaeological discoveries from both eastern and western sites have already shown the extent of very early trade. The Silk Road, with its caravan stops and trading posts, was formally established in the third century Han dynasty, but many of the trade routes were far older. Chinese historians recorded the arrival of Roman traders; by the time of the emperor Augustus Chinese silk was streaming into Rome and many of its wearers were being denounced as effete and immoral by commentators including Seneca.
The Terracotta Army , unearthed from pits in Xi’an, was discovered in 1974 by a farmer, who was terrified to see a human face staring up at him from among the cabbages. Many other pits of terracotta soldiers have been found, but the older ones are small and usually very stylised. The Xi’an figures, safeguarding Qinshihuang, the first emperor, with their weapons, horses and war chariots, are life size and sculpted in extraordinary detail down to elaborate hairstyles and decorative knots tying sections of their armour.
Archaeological discoveries from both eastern and western sites have already shown the extent of very early trade. The Silk Road, with its caravan stops and trading posts, was formally established in the third century Han dynasty, but many of the trade routes were far older. Chinese historians recorded the arrival of Roman traders; by the time of the emperor Augustus Chinese silk was streaming into Rome and many of its wearers were being denounced as effete and immoral by commentators including Seneca.

https://www.theguardian.com/science/2016/oct/12/ancient-greeks-may-have-inspired-china-terracotta-army-sculptors-ancient-dna