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Here is a picture Explanation of the HUGE money that is being generated in E Sports. I will focus on the most popular Game - CSGO - Counterstrike. All this merchandise is CSGO.
One item, just 1 item and there are millions. 44,ooo of this 1 item sold in 24 hours on Steam.
Example of what a skin is.
This is your AK47 without a skin. Plain.
This is skin version of the same gun. With a bloodsport skin.
The cost for this Skin is presently 58 euro.
If you look closely at this gun you can see the Sheriff Sticker on the Butt end of the gun. The cost to buy that sticker is presently.
The Cost for the Sheriff sticker is 21 euro Ask price and 16 euro Sell Price. So just like in the real market a low volume or rare item has a wide Ask and sell price.
People will pay huge money for Skins and stickers. It will boggle your mind how much people will pay for a sticker. This is real money. Stickers like above can sell for a thousand euro. For one sticker, once you buy it you can either keep it as an asset or investment in your Stock holdings and or you can use it by placing it on your weapon of choice and it will be displayed within Game when you character uses that gun but once used it can never be re used or sold.
1 days ago on July 15th someone paid 834 euro for a mouse sport holo sticker.
The digital Art once created is never reproduced so it becomes extremely rare and expensive. When there are only 3 remaining stickers on the market and usually they are a few years old they start to become very valuable.
Here is an example of how the market works and it's massive Volume and Sales.
For high bulk items they will start out cheaper. They will generate huge sales. As you can see 271,542 buy orders were processed in 1 day for 1 Item.
This is an example of how the price for an item escalates as it become more and more rare.
Many Items start out in what are called crates. You can buy the crate cheaper and then buy a key and open the crate. What is inside is of random value. When those crates sell out and become rare then the items themselves will also raise in value. You can see there are 365,115 buy order's presently to buy this crate at 0.47 cents.
So bear in mind as you wait months to sell a Antique Vase for several hundred euro, that in just minutes some kid is buying and selling digital art on steam for hundreds of euro every second. They can sell a sticker in minutes. There is no doubt an interesting trend in emerging E Sports for Digital Art. Of course this art must be controlled, copyright and never re produced.
A billion dollar industry that makes absolutely no sense, where money is spent on materials that are virtual and do not exist and are only contained in their lifetime within a game.
Here is my own Steam Account over the last couple of days.My Market activity .These are how much I buy and sell every day. I might have listed some of these items at a certain sell price months ago and they sell when that item starts to rise in price. I also buy items i think have a good chance of rising in price in the future. Over the last 5 years this market has just grown and grown and seems to keep growing.
Some games of course are dead ends. The Games that will grow are any game that is likely to become a popular E sport game. CSGO is huge with massive Arena's full of people watching LIVE tournaments between Teams from around the world. These are held almost every month now.
In Summary
You have billions spent every month By the younger generation on Digital Art, and while we read in the newspapers that the Younger generations do not appreciate or have smaller homes and or have lost interest in Antiques, in my opinion this is not true and in fact the complete opposite ( Although smaller residence is a factor) . The younger generation are potentially the biggest market for Asian Art and other Antiquities.
As virtual or ( intangible) Digital Art reaches saturation, and after an upsurge in tangible versions of digital Art which is highly limited. Printed Merchandise, maybe some contemporary modern at furniture. You will have a 2 generations of people that will transition to more tangible items and they will be very quickly find the limitations of Digital copies boring.
These people do like to collect and they do like Art and they will undoubtedly return to the classic form, when this starts to emerge you will see those high prices again well surpassed. Perhaps the movement of people in the future might effect this slightly, I am not sure but uncertainty in Housing and Rental accommodation and weak tenancies contracts or exploitation and so forth will have a negative effect and this is a curve ball that might effect the market for a long time.
I see items like that Japanese Fukagawa Vase soaring in price in less than 20 years as those generations settle and continue their passion for collecting into more real life items.
The Digital Art Market is where all the Young future collectors money is and it is a huge amount of money. Equally important is the volume and demand that brings and it will return to the classic Market in about 15- 20 years. That demand and volume is where it will become exciting.
You're right, I don't think I would like it either but thanks for the explanation as to what it is. I have never heard of it, never even knew things like that existed so I have learnt something new today and you know I always enjoy that! 😀 😎
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A free Asian art discussion board and Asian art message board for dealers and collectors of art and antiques from China, Japan, Korea, Thailand, Cambodia, Vietnam and the rest of Asia. Linked to all of the BidAmount Asian art reference areas, with videos from plcombs Asian Art and Bidamount on YouTube. Sign up also for the weekly BidAmount newsletter and catalogs of active eBay listing of Chinese porcelain, bronze, jades, robes, and paintings.
The art of calligraphy - and for the ancient Chinese it certainly was an art - aimed to demonstrate superior control and skill using brush and ink. Calligraphy established itself as one of the major Chinese art forms during the Han dynasty (206 BCE - 220 CE), and for two millennia after, all educated men were expected to be proficient at it.
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China Online Museum is the finest online museum of Chinese art. It features Chinese calligraphy, painting, ceramics, bronzes, carving, and other artworks.
Chinese Ceramics & Works of Art. Overview Upcoming auctions Contacts Auction results ... Christie’s sales of Chinese ceramics and works of art showcase centuries of Chinese history. Held throughout the year in London, New York, Paris and Hong Kong, they attract a wide audience of collectors and connoisseurs vying for pieces as diverse as ...
Explore Asian Art Week. Contact the Specialist Department. Chinese Paintings ... Senior Specialist, Head of Sale. [email protected]. Tel:+1 212 641 5760. Bid in-person or online for the upcoming auction:Fine Chinese Paintings on 10 September 2019 at New York. Bid in-person or online for the upcoming auction:Fine Chinese Paintings on 10 ...
Discover an abundance of must-see art from all corners of a vast continent at Christie’s NY Asian Art Week. From contemporary classical and Chinese paintings to works with exemplary provenance from the Art Institute of Chicago, our Rockefeller Paza galleries will be full of ancient treasures and contemporary masterworks in a salute to the vibrant arts of Asia.
Sold to benefit The Art Institute of Chicago’s Asian Art Acquisition Fund, the sale features 84 lots with a focus on Ming and Qing porcelains, and offers a rare insight into the taste for collecting Chinese ceramics and works of art in the Midwest from the end of the 19th century through the 1980s. Highlights include two Wanli wucai garlic-head vases, a Qianlong mark and period, blue and ...
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The Christie's Education 2020 Conference: The Chinese Art Market 18 Jun 2019 Christie’s Education is delighted to announce our first international academic conference in Asia which will take place in Hong Kong from 26-27 November 2020 at the Hong Kong Convention and Exhibition Centre and will run in parallel with Christie’s Hong Kong Autumn Auctions.
The summer Chinese Art sale in Hong Kong will feature works of art from several private collections, including Qing porcelains and textile from the collection of the legendary Chinese art dealer A. W. Bahr (1877–1959), fine gilt bronze Buddhist sculptures from an old Hong Kong collection, an East Asian collection of Qing dynasty wine cups and jades, and a Japanese collection of Song ceramics ...
Sotheby's Chinese Works of Art Department holds two auctions each year in London, New York, Hong Kong and Paris.
Chinese Art - View Auction details, bid, buy and collect the various artworks at Sothebys Art Auction House.
With more than 340 Chinese works of art dating from the Neolithic to the Republic periods, highlights of this sale include a selection of Qing Imperial monochromes from the collection of Arnold and Blema Steinberg, early ceramics from the Art Institute of Chicago and Chinese porcelain and works of art from the collection of Henry Arnhold.
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Today's sale of Important Chinese Art will proceed as planned with sessions at 10 AM and 2 PM EDT. Sotheby's will be monitoring the weather conditions throughout the day and will be available to coordinate alternative bidding options should conditions make it difficult for clients to attend the auction in person.
Bonhams Chinese Art department is renowned for offering the finest works of art representing the richness and breadth of China's artistic heritage, particularly Imperial porcelain, white and spinach green jades, cloisonné and Buddhist art. Specialised international auctions are held globally, including London, Hong Kong and San Francisco.
Bonhams : Chinese Works of Art We use cookies to remember choices you make on functionality and personal features to enhance your experience to our site. By continuing to use our site you consent to the use of cookies. Please refer to our privacy and cookie policies for more information.
Bonhams Fine Art Auctioneers & Valuers: auctioneers of art, pictures, collectables and motor cars. We use cookies to remember choices you make on functionality and personal features to enhance your experience to our site. By continuing to use our site you consent to the use of cookies. ... Chinese Art (US) General enquiries
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Bonhams Fine Art Auctioneers & Valuers: auctioneers of art, pictures, collectables and motor cars Bonhams : Asian Art We use cookies to remember choices you make on functionality and personal features to enhance your experience to our site.
Bonhams are international auctioneers of fine Chinese and Japanese art. We specialise in rare Imperial and Export Chinese ceramics and works of art, as well as Japanese ceramics, fine and decorative works of art from the Neolithic Period to the 20th century. View on map
Bonhams Fine Art Auctioneers & Valuers: auctioneers of art, pictures, collectables and motor cars. We use cookies to remember choices you make on functionality and personal features to enhance your experience to our site. By continuing to use our site you consent to the use of cookies. ... Asian Art Bonhams. Work. 22 Queen St.