The artwork is now 98 appreciated! Investing in good art is all about sitting back and waiting to m

Mondo Culture Updated on 2024-02-23

As one of the world's three largest art markets, the Chinese art market is unique, not only because it is home to many historical cultural treasures, but also because people here have long gone beyond the purely aesthetic level of art to see it as an important asset for value preservation and appreciation. As a result of this change, art has become a new favorite in the eyes of investors in the Chinese market, with similar attributes to financial assets.

The Italian collector Bellini once gave a very high evaluation of the value of art: "Only art is the most valuable in the world, the average appreciation rate is 40%, and the appreciation rate of art is 98%. "This astonishingly high rate of return has undoubtedly injected a strong attraction into the art market, causing more and more capital to pour into this field.

However, the art auction market, while hot, has inevitably experienced market fluctuations. In recent years, although the sky-high auction turnover and the number of auctions have declined, from another point of view, this may be the only way for the market to adjust itself and survive the fittest.

Some of the inflated bubbles began to unravel, and although the ostensible transaction results were mediocre, the market was actually laying a solid foundation for future development.

The current Chinese art auction market is gradually showing a more mature and stable state. This stability is not only reflected in the turnover or transaction rate, but also in the buyer's discernment, the rationality of the collection concept and the keen insight of the auction house into market changes. Large companies no longer rely solely on branding to attract customers, but are more focused on collecting artworks with market potential to ensure a leading position in the market.

At the same time, the prospects of the art derivatives business are becoming more and more broad, and auction houses have begun to try to develop in the direction of art finance. By integrating human, material and financial resources, auction houses can not only enhance the value of artworks, but also provide investors with more choices and opportunities.

It is expected that in the near future, art finance will become an important branch of the art market, providing investors with more wealth management options.

In the context of the complex and volatile global economic situation, the global art trading market has shown a trend of "bottoming out". This is not only a precursor to the imminent "blowout" development of the Chinese art market, but also a strong attraction of the global art market to Chinese and global investors.

It is worth noting that investment in cultural artworks accounts for as much as 20% of the property portfolios of developed countries in Europe and the United States, while in China's first-tier cities, the proportion is only 5%. This means that as people's awareness of the value of art continues to grow, and the art market continues to mature, the potential of the Chinese art market is still huge.

According to authoritative statistics released by the Hurun Research Institute, the size of China's domestic investment market is expected to reach 16 by 20247 trillion yuan, and by 2028, this figure is expected to exceed 30 trillion yuan. This huge market size provides unlimited room for the development of the art market.

Although art is not a necessity of life, "value-added and value-preserving" is a real "rigid need". In the next ten years, when people gradually solve the basic needs of "clothing, food, housing and transportation", how to make assets and property achieve "appreciation and preservation" will become the largest market demand.

Therefore, it can be said that in the next ten years, investing in art and art derivatives will become a "rigid demand of the whole people", and a huge emerging market has arrived.

In the last decade, people relied on real estate to achieve rapid growth in wealth, and in the next decade, people will use the art market to preserve and increase the value of their assets. This shift not only reflects the upgrading of people's concept of wealth management, but also indicates that the Chinese art market will usher in a more prosperous and diversified stage of development.

In short, the Chinese art market is changing from a simple cultural value to a wealth management function, and has become a new choice for investors to pursue value preservation and appreciation. Against the backdrop of a complex and ever-changing global economic situation, the Chinese art market has shown strong potential and attractiveness. In the next decade, with the continuous improvement of people's understanding of the value of art and the continuous improvement of the market environment, the Chinese art market will usher in a broader space and opportunities for development.

Author's Note:

Antique collecting has always been a topic of great interest, and many people are happy to devote themselves to it. However, this was followed by many fraudulent methods by auction companies, which caused countless collectors to suffer huge losses.

These frauds often take advantage of the lack of knowledge of collectibles among collectors, so that they mistakenly believe that the items in their hands are worth a lot, and eventually fall for them. However, with a certain amount of knowledge and understanding, such risks may be avoided.

The Guide to Chinese Antiques is a good book that can help Tibetans improve their awareness and avoid being deceived. This book records in detail the identification of porcelain, calligraphy and paintings, coins and other antiques, and helps Tibetans recognize what kind of antiques are truly valuable.

In addition, the book also contains the knowledge of antique auctions, so that Tibetan friends can understand which auction companies are reliable and how to analyze them without being deceived.

The book even records the author's summary of the cheating, so that readers can recognize the current auction market tricks and how the other party makes you deceived. Such information is clearly recorded, which is crucial for raising the awareness of Tibetan friends.

In addition, the book provides tips on how to monetize your collectibles. There was once a Tibetan friend who was deceived and bruised, and later bought the book only to realize that the so-called auction and acquisition companies were simply nothing, but found a way to monetize the collection in this book.

This book can allow Tibetan friends to avoid some detours, ** is only a few dozen yuan, compared to the hundreds of thousands of losses that were deceived, it is really worth the money. If you are still hesitant to buy this book, please feel free to comment and contact me for more information.

Antiques

Related Pages