The Chinese and Asian Art Forum. For Fans, Collectors and Dealers.
Basic Rules For the BidAmount Asian Art Forum: Talk about whatever you want. You can even discuss and offer things that are for sale if they are authentic. Maximum image file size per post is 2 MB. Images of 700pxl x 700pxl are optimal if saved at a medium resolution. Be respectful of others and enjoy yourself. Click the YouTube link for a brief tutorial on using the forum. You can also EMBED Videos by cutting and pasting from You-Tube, Vimeo etc.
NOTE: To post an item or add a new post, click open the category title from the FORUM LIST, and CLICK the Blue ADD TOPIC button.
while watching Peter’s video on Christie’s Marchant sale, I heard the Ming deer jar was paid roughly $8000 in 1967. If invested in stock market, that would have turned to roughly $2m now. So Christie’s estimation of the jar is not high in that sense. Maybe the final result is much higher than that. 🙂
I have been thinking about this as well lately because I am looking through a bunch of old auction catalogs from the 1980's. It's a mixed bag. Certain objects increased in value tremendously over time while others increased more modestly, some stayed relatively the same, and others have decreased. It's a gamble for sure.
My experience with holding art & antiques for multiple decades is that it was very easy spending my money on them, but rather more difficult selling them for profit. Most venues used for selling have various fees and/or percentage cuts taken from the sales price. Also, most people forget a significant profit on an item incurs an equally significant tax liability. Stocks can be sold instantly, unlike antiques and incur little to no fees today. They are treated favorably by the IRS when sold as long term investments.
@william That's a good point. As Peter likes to say: "You make your money when you purchase the item."
When you pay market rate or higher you should buy because you love it.
@william very good points. Just curious, how does tax work say if sold at an auction?
@steve that would be fine if you still enjoy the objects. Even for others better performed, financially it is still hard to beat othe investment options
@steve yeah, that would have been a financial disaster from an investment perspective. I've been noticing how prominently the majors featured Japanese objects back then vs now. Also there were many more Han and Tang items back then for higher prices so those would have given poor financial returns as well over the past 40 year period.
As far as tax goes (and I am not an expert), in the US it depends on whether or not you are a dealer. If so, any gain is taxed as ordinary income. If not, the maximum rate is 28%. You would, of course, deduct your acquisition cost and any costs of sale -- auctioneer's fee, shipping, etc.
@cashflowz I assume self report per item. So for items not performing, it would just be lost without tax offset. Ouch
Again, I am neither an accountant nor an attorney, but I believe you can offset a loss with a gain in the same year. Perhaps you could group everything and report the net gain or loss as the sale of part of a collection? (Only workable if there is a net gain, as losses are not allowed.) We do have an attorney in the group, but I don't know if she does tax law.
@cashflowz If you mean me, no way. I had Tax, but I also took Corporations, Payment Systems and Oil and Gas, not because I ever wanted anything to do with them but because they would likely be featured on the Bar Exam. The only fun electives I had were Aviation Law (really just more tort law), Legal Medicine (forensics and tort) and trial advocacy classes. I'm so old that I can remember reading about the crash of Japanese porcelains, all academic to me, not a gambler. Our member John Guerrero (probably being worked to death by the firm he joined in Dallas, Patents, if I remember correctly, would know more about tax than I ever will. He shared very generously his knowldege on Japanese and Chinese porcelains.
Thanks for visiting "The BidAmount Asian Art Forum | Chinese Art"
If you sell on eBay, or have a shop feel free to post images and descriptions and links.
Check back often for discussion about the latest news in the Chinese art and antique world. Also find out about the latest Asian art auctions at Sotheby's, Christie's, Bonhams and Tajans.
Auction results for: fine porcelain, ceramics, bronze, jade, textiles and scholar's objects. As well as Japanese, Thai, Vietnamese and other Asian cultures.
Thank you,
Peter Combs
Topics and categories on The BidAmount Asian Art Forum | Chinese Art
Kangxi vases, Kangxi dishes and chargers, Kangxi ritual pieces, Kangxi scholar's objects, Qianlong famille rose, Qianlong enamels, Qianlong period paintings, Qianlong Emporer's court, Fine porcelain of the Yongzheng period. Chinese imperial art, Ming porcelain including Jiajing, Wanli, Xuande, Chenghua as well as Ming jades and bronzes.
The BidAmount Asian Art Forum | Chinese Art
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.
The Museum’s collections of Asian art span nearly five millennia and encompass the cultures of China, the Himalayas, India, Japan, Korea, and Southeast Asia. In 2007, the Museum launched an initiative to create dedicated galleries for the collection, beginning with a gallery for the arts of Korea ...
Chinese art is full of symbolism, in that artists typically seek to depict some aspect of a totality of which they are intuitively aware.
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 ...
Specialist, Chinese Paintings, Christie's London Dr Malcolm McNeill is a Specialist in Chinese Paintings at Christie’s, based in London. He previously worked as an assistant curator of the Chinese collections and the Victoria and Albert Museum in London, as a researcher at the British Museum, and as a translator and tour guide at the National Palace Museum in Taipei.
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.
Results: Sotheby's Asia Week achieved $52.4 million in six strong auctions, exceeding pre-sale estimates. With 76.5% of lots sold and 60.3% of lots surpassing high estimates, the Asian art sales at Sotheby's indicate continued collector interest in the finest works of art from China, India and and the Himalayas.
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
Bonhams : Fine Chinese 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 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.