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I own a few Japanese works of art some are just amazing. The craftsmanship in things like bronze or carved wood I think sometimes out do the chinese. I understand the ''boom'' in china buying antiques back, But it seems like for ever (80's-1090's) Japanese works have been very under vauled. Why is that? is it past wars/conflicts with china and usa that leaves a bad taste in peoples mouths ?
Thoughts ?
Hi Ken,
The Japanese art market prices basically went into free-fall price wise around 15-20 years ago. Since then prices have remained very modest considering the quality of the work. Japanese art was a very hot market not too long ago. Now is a great time to buy and build a great collection, as you're no longer competing with "investors".
Which is not the case with Chinese art currently, a good part of the market is being supported by investment money from folks who will keep buying as long as there is an upside in their view. If that gets diminished, Chinese art values could drop like a brick.
SO enjoy the very reasonable relative bargains in the Japanese items. I also buy them and have acquired some rather stunning items for next to nothing and enjoy them every day.
I bought this a while back, stunningly good work, perfectly shaped, just a marvelous Japanese vase, around 10 inches tall.
Best Peter,
Peter
Dear Ken,
Peter has got it hole in one.
Some years ago, the Japanese market was very hot. To a large extent, these things are driven by the health of the national economy. When that declines, so does the associated art market. For a good while now, this market in Japan has been in the doldrums, while by contrast, it's been the Chinese market's time to forge ahead, driven not only in this case by the (for the moment) strongly performing Chinese economy, but also by an accompanying sense of national pride in antique Chinese artefacts. The Chinese are buying these back wherever possible, and their presence in the market has driven all the prices up. Take the case of Chinese silver, for instance. Some years ago, salesrooms in the west couldn't get much at all for it, and it went for a song. Contrast then to now. Japanese silverware, in spite often of being much more sophisticated in its workmanship compared to that of Chinese silverware, doesn't do half so well by comparison.
You're right to pick up on the difference: the workmanship of some Japanese items, not only the silverware, is exquisite, and as Peter says, they're so currently undervalued that right now you have a great opportunity to go out and buy some bargains. In time, the market will change again, and when it does, quality will always end up justifying itself. Always buy quality, you'll be glad you did, and you'll also have enjoyed being surrounded by that quality and appreciating it, not to mention the fact that it will doubtless eventually yield results from a strictly financial point of view.
Alan
Great topic Ken! I have am also perplexed by the disparity in monetary value of Chinese and Japanese antiques. I think the quality of Meiji Japanese bronzes are among the finest objects ever made. The tides are always turning but quality will justify itself in the end.
I was speaking with a Chinese friend who is a treasure hunter like me and sells on a blog format in China. She told me the market for middle of the road Chinese antique has softened recently.
Amazing vase petter perfect example it has everything going for it, Design-color-shape
I'm going to take your advice and continue to keep my eye out for good Japanese antiques.
Thats not good news its normally only the ''middle road'' items I'm able to find once and awhile to make me feel like i hit a home run.
You know folks, I have also been thinking about Japanese items. More though in the metal works, the stuff that was inspirational during the Aesthetic period. The real Japanese produced stuff is going pretty cheap but yet you put the Tiffany name on it, your spending big money.
Another thought, although I think is a long way off are the good quality marked occupied Japan items. Only made for five or so years. At some point, maybe long after I’m gone it will have collector value.
Do you think the above said is also valid for netsuke? I have collected them for some years but they seem to be as popular and expensive as ever. I didn't notice a price change over the years. Thought about selling my small collection, but maybe it will be better to wait. (At least they don't take much space compared with the porcelain.)
Birgit
Shinigami,
Netsukes' have done ok over the years as they are widely collected outside of Japan. Here in the US as well as in England and France in particular. Japanese Arms have also hung on pretty well for the best pieces.
Best Peter
Peter
Everyone:
As far as buying Chinese/Japanese art on eBay goes, As Peter has mentioned it is not legal for sellers in China to export antiques over 100 years old. There is a plethora of reproductions being passed of as antique by many of these sellers. But, I have found several reliable sellers in Japan who really are honest and sell beautiful and authentic items. Many sellers in Japan do accurately describe their items and are able to find items to sell from local estates in Japan. My Japanese landscape scroll collection has benefited from these sellers. As has been said by Alan and Peter, there will come a day when Japanese art will escalate in price. Just as in the stock market "Buy low, and sell high."
George
Hello everyone
nice topic i been reading your blogs for a while and Japanese porcelain is like European
And English porcelains are down now in price there are great pieces out there to be had if your
looking for investment they will come back . Good quality antique whatever it is Chinese or Japanese
porcelain or artworks will make a come back. To me I buy what I like and enjoy looking at and what it
can teach me the history of a piece and beauty of it is worth it. Like George and peter said now the time to buy Japanese artworks
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