Chinese Art Appraisal

Chinese Art Market Today


June 4, 2008- Museums set Stricker Guidelines for Acquiring Antiquities. "The new policy advises museums that they “normally should not” acquire a work unless solid proof exists that the object was outside its country of probable modern discovery before 1970, or was legally exported from its probable country of modern discovery after 1970. That is the year Unesco ratified a landmark convention prohibiting traffic in illicit antiquities, and it has become a widely accepted cutoff for antiquities collecting." (Read More.)

Prices for the Best Chinese Art, Old and New, have skyrocketed.Chinese economic growth is the driving force behind the volatile Chinese art market. Most important is the blossoming of a new generation of collectors in China itself. Five years ago, the art market's center of gravity shifted eastward: more Chinese paintings, old and new, are now purchased by Chinese buyers than by those outside of China. The major international auction houses are poised to open their own operations on Chinese soil. The global economy and a local rise in income mean that more and more Chinese citizens are taking an interest in art, for both aesthetic and economic reasons. These Chinese art collectors exert a powerful influence on the size and shape of the market.

The new representation of Classical Chinese Paintings is a healthy response to the burgeoning demand for high-quality Chinese art. Although many sellers claim Zhang Daqian as an inspiration, their actual methods as well as the results are second-rate or worse. The supply of poor-quality reproductions is sometimes generated through assembly-line reproduction. Some paintings are reproduced mechanically in the fast-growing economic zones, largely for unwitting tourists or for cheap sale through the less reputable internet galleries.

Chinese buyers constitute a significant force in the purchase of Classical Chinese Paintings, not just in Hong Kong but in New York, London, Amsterdam and Paris.Sales at China's ten leading auction houses topped $1 billion in 2005, up from $100 million in 2000, according to published figures.


Chinese Art Market Watch, 2007


  • Classical Chinese paintings and traditional Chinese paintings, due to its rarity and historical value, will dominate the market.
  • Contemporary oil paintings will give its leading position to traditional Chinese painting by artists of the 1970s.
  • Paintings by famous contemporary artists will fell 20% below its 2006 market value.
  • Paintings by Fu Baoshi, Huang Binhong and Lin Sanzhi will be hot in the market.

Chinese Paintings by Ancient Female Artists are Inscreasing Fast in Value.
Chinese paintings by seventeen Chinese woman artists of the Ming (1368-1644) and Qing (1644-1911)were auctioned during the first weekend of September 2006 in Beijing. Paticipated female artists are Li Ying, Ma Quan, Qian Yuling, and Liao Jiahui, etc. Subject matters focus on flowers, bird, and female figures. In 2004, a Chinse flower painting by Yan Yan of the Song dynasty (918-960)was sold for 275,000 yuan (US$34,375) in Shanghai. The painting of "Five Hundred Arhats" by Liao Jiahui reached 66,000 RMB (US$8,250)in September 2006 in Beijing. Another flower and Rock painting by the same artist was sold for 36,000 HK$ (US$4,600)in Hong Kong in 2005. The smoothly rising statistics suggest that the value of Classical Chinese Paintings by Female Chinese artist is increasing tremendously in last two years. This can be an attractive market for new collectors and collectors with a smaller budget.(Read More Ancient Chinese Painting by Female Artists Has Potentials).

Chinese Fan Paintings are Moving Up Dramatically in Recent Auction Sales.
Starting from the second of 2003, ancient Chinese painting in fan format presented itself as a strong candidate for Chinese art collectors. A fan painting by Wang Jian (1598-1677), Pine Trees in Valley, was sold for 770,000 RMB (US$96,250)in Beijing. A Chinese fan paintings painted or calligraphied by eight Chinese masters of the Ming Dynasty reached 101.200 RMB (US$12,650) in May 2004 in Beijing. In December 2004, a Chinese figure painting in the fan format by famous Chinese artist of the Yuan dyansty (1269-1368) Liu Guanda (fl.1280) was sold for 2420,000 (US$ 30,250), breaking the record of the artist in auction sales. ... Chinse art market analysists predict that classical Chinese fan painting has strong potentials. Chinese art collectors should pay attention to the performance of ancient Chinese fan paintings in the Chinese art market. (Read More Ancient Chinese Fan Painting: A Promising Candidate for Chinese Art Collectors).


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