The ups and downs of the art market are always closely linked to the global economic environment.
In the first half of 2017, the global art market showed a recovery, with a 5% increase in turnover, a figure that is not just a simple percentage, but represents the investment choices of billionaires, cultural trends, and changes in the distribution of wealth in society.
In the global art auction market, the first half of 2017 saw a staggering $6.9 billion in turnover. Among them, the rise in contemporary art is particularly obvious, ** up 96%。At the same time, the art auction market in the United States and China is also active.
Art auctions in the United States reached $2.2 billion, followed by China with $2 billion. The art market in the UK and France also grew by 13% and 7% respectively, making an important contribution to the recovery of the global art market.
It is worth noting that the share of contemporary art in global art turnover has increased year by year, from 3% in 2000 to 15% in 2017.
This change is not just a digital increase, it reflects the growing position of contemporary art in the global art market, and also represents a more diversified investment choice for the wealthy.
For the richest at the top, investing their wealth in art is not a phenomenon unique to China. From the American tycoons 140 years ago, to the Japanese tycoons in the 80s, to the Russian and Middle Eastern tycoons at the beginning of this century, and the new Chinese tycoons in the last decade, they are all proving the value of art as an investment in their own way.
Sotheby's**'s all-time high on the New York Stock Exchange is undoubtedly a strong evidence of the recovery of the global art market. Industry insiders generally believe that the recovery of the high-end art market has injected confidence into Sotheby's share price.
At the same time, the "2017 Best of the Best - China's Multimillionaire Brand Tendency Report" released by the Hurun Research Institute also pointed out that art allocation has become one of the important parts of China's multimillionaire financial management.
In terms of collectibles, the top tycoons have a soft spot for Chinese painting and calligraphy. In particular, nearly 14% of the wealthy chose ancient calligraphy and painting as the focus of their collection. This phenomenon not only reflects the charm of traditional Chinese culture, but also represents the unique aesthetic and investment choices of the wealthy for artworks.
At the same time, the auction market in Asia has shown relative stability over the past year, accounting for the largest share of the global auction market at 405%。
Among them, the Chinese market occupies an absolute advantage. Although the performance of the mainland spring auction in the first half of this year did not meet the market's expectations, the overall ** is still in a smooth transition.
For the wealthy, buying art and luxury goods is not only to satisfy material needs, but also a spiritual pursuit and cultural identity. They buy art to show their taste and status, but they also hope to be able to preserve and increase the value of their assets by investing in art.
However, the rise of the rich is not accidental, behind it is the intensification of the gap between the rich and the poor in the whole society. Some economists have pointed out that the wealth of the rich is not entirely earned by themselves, but is the result of social distribution.
According to the Hurun Rich List, the number of billionaires in China has exceeded 300, up from just one a decade ago. This rapid increase in the number of rich people has undoubtedly exacerbated the gap between the rich and the poor in society.
Overall, the recovery of the art market is closely linked to the investment choices of the wealthy. Wealthy people buy art to show their taste and status, while also maintaining and increasing the value of their assets.
The boom in the art market has also provided more investment options and opportunities for the wealthy.
Author's Note:
Antique collecting has always been a high-profile field, attracting the attention of many collectors. However, this was followed by many fraudulent methods by auction companies, which caused countless collectors to suffer huge losses. The main reason why many people will be deceived is because they do not have a certain understanding of collectibles.
They always think that the antiques in their hands are valuable, even pricelessAnd others just took advantage of their greed and let them be fooled step by step.
It turns out that it was only in the end that it was discovered that something was not worth anything at allIt took hundreds of thousands of dollars to wake up。If you have a certain understanding of the collection, it is estimated that you will not be easily fooled.
The book "Guide to Chinese Antiques" just records the identification knowledge of porcelain, calligraphy and painting, coins and other antiques, which can make people realize what kind of antiques are valuable.
At the same time, it also contains the knowledge of antique auctions, so that people know what kind of auction companies are reliable, and help analyze how not to be deceived.
The book records various auction routines and acquisition frauds, and the author also summarizes his own experience of being deceived, so that people can recognize the current auction market tricks and understand how the other party is deceived.
The book also contains tips on how to sell your own collectiblesThere was once a Tibetan friend who was deceived and bruised, and later bought this book to realize that those so-called auction acquisition companies are simply nothing, but only after reading this book did he know how to realize the collection.
This book can make people take fewer detours, ** is only a few dozen yuan, which is better than being fooled for hundreds of thousands of dollars. If it doesn't work, feel free to comment on me.
In today's society, the market for antique collecting is growing, and more and more people are joining the ranks of antique collecting. However, as the antiques market boomed, more and more fraudulent methods also appeared.
Some criminals take advantage of people's lack of understanding of antiques and deceive people through various means, causing people to suffer huge economic losses.
Therefore, it is very important for those who are interested in collecting antiques to improve their cognitive level and learn relevant identification knowledge.
The book "Guide to Chinese Antiques" is a very good learning tool. It not only contains a wealth of antique appraisal knowledge, but also records various auction routines and acquisition frauds, and the author also summarizes his own experience of being cheated, which can make people recognize the sinister nature of the current auction market.
By studying this book, people can have a deeper understanding of the operation of the antique collection market, improve their identification ability, and reduce the risk of being scammed.
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