In 2024, the antique art market will turn around, and the era of easier monetization of collections

Mondo Collection Updated on 2024-03-02

With the rapid development of Chinese art in the Chinese market in recent years, financial institutions have set foot in the art field, and the integration of financial capital and the art industry has deepened.

With the rapid expansion of the art market in China, financial institutions have entered the art field, and the integration of financial capital and the art industry has deepened.

Art is no longer just a symbol of culture, but also a new favorite of investment, financial capital and collection, art investment are integrated with each other, art resources are gradually transformed into financial assets, showing huge market potential.

Art is no longer a simple aesthetic object, but has gradually evolved into an investment tool, realizing the organic combination of financial capital, collection and art investment, and art resources have gradually been transformed into financial assets.

In this context, the initial stage of the financialization of Chinese art has quietly arrived.

In this context, the Chinese art market has entered the initial stage of financialization.

This year, the total turnover of China's secondary market is approaching the 950 billion yuan mark, a figure that undoubtedly highlights the huge potential of the art finance market.

According to statistics, the total turnover of China's secondary market this year has reached nearly 950 billion yuan, which is enough to demonstrate the prosperity and vitality of the art market.

Based on the strong growth of China's economy and the continuous expansion of the art market, experts have conducted in-depth research on the development prospects of art finance in the next decade.

According to data provided by Barkley Bank, institutional investors and high-end individuals typically allocate 5% of their assets to art investments.

Based on the solid foundation of China's economy and the continuous expansion of the art market, the experts conducted an in-depth calculation and analysis of the potential for the development of art finance in the next decade.

According to Buckley Bank, institutional investors and high-end individuals typically allocate 5% of their assets to art investments.

If we take this relatively conservative 5% as the basis for estimating the potential demand for art, then according to China's wealth of 130 trillion yuan, the potential demand of China's art market is as high as more than 6 trillion yuan!

Even if we only consider the "effective demand for liquidity", which accounts for 1.3 of the total demand, its scale has reached a staggering more than 2 trillion yuan.

If a conservative 5% is used as the basis for estimating the potential demand for art, according to China's wealth of 130 trillion yuan, the potential demand of China's art market is as high as more than 6 trillion yuan!

Even if we assume that "liquid effective demand" accounts for 1 3 of the total demand, its scale is more than 2 trillion yuan.

The current market size is only hovering at the level of 100 billion yuan, which shows that the potential demand of the art financial market far exceeds the existing market size, and the current market is only the tip of the iceberg.

However, the long-standing problems in the art market, such as the difficulty in distinguishing the authenticity of artworks, the lack of authority in value evaluation, and the opacity of the transaction process, make the establishment of complete industry standards for art finance an important prerequisite for promoting the standardization, scale and integration of the art finance industry chain.

Driven by economic interests, development has become more complex and confusing. Although art finance is still an emerging industry in China, it still needs to overcome a series of challenges to develop.

In order to solve these problems, it is particularly important to establish complete industry standards.

First of all, the development of art finance is inseparable from the support of a sound service system. In the process of growth, the Chinese art market not only needs the support of policies and the protection of laws and regulations, but also needs a service system that supports art finance to play an important role.

Industry standards are an important cornerstone to promote the standardization, scale and integration of the art finance industry chain, but art finance is still an emerging industry in China, and its development still needs to overcome a series of challenges.

Secondly, the integrity of the art finance industry chain needs to be further improved.

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.

Antiques

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