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Surprising sell-through rates for Chinese art recorded in London’s February auctions
Posted on March 28, 2010
CHINESE CONTEMPORARY ART MARKET Chinese Contemporary Art Lots Sell Out in London Major auctions held in February 2010 in London featured impressive sales of Chinese contemporary art works reports Jing Daily with surprisingly high sell-through rates compared with works from other markets. The rising presence of Chinese collectors and bidders underpins the phenomenal performance in sales and the momentum […]
Posted in Auctions, Chinese, London, Market watch | Leave a Comment »
Domestic demand in freefall at Chinese art auctions – China Daily
Posted on November 21, 2008
No bids for many Chinese art lots “Half and Half” from contemporary artist Wang Huaiqing. Base price, 4 million yuan ($585,700). Who will start me off?”Not a single bid was forthcoming, a scenario repeated many times at China Guardian’s Grand Fall Auction, a key event in the art world. The global recession has clearly cooled […]
Posted in Auctions, China, Chinese, Market watch | Leave a Comment »
Cheaper works sell at Larasati, Borobodur auctions and art fair Singapore – Bloomberg
Posted on October 18, 2008
MARKET WATCH Two Singapore auctions of Asian art at the weekend missed estimates as a slump in global financial markets kept many buyers away. Borobodur Auction Pte’s two-day sale of Chinese and Southeast Asian art totaled S$11 million ($7.5 million), compared with a presale estimate of S$18 million, according to John Andreas, the company’s founder. […]
Posted in Auctions, Chinese, Fairs, Indonesian, Market watch, Recession, Singapore, Southeast Asian | Leave a Comment »
Sotheby’s to Move Asian Art Auctions to Hong Kong from New York – Bloomberg
Posted on August 14, 2008
AUCTION MARKET WATCH Sotheby’s said it will cease holding auctions of Asian contemporary art in New York and “consolidate” them instead in Hong Kong, with biannual sales in the Asian city. Sotheby’s said it will organize dedicated auctions of Chinese, Japanese, Korean and Southeast Asian art in April and October in Hong Kong, starting […]
Posted in Chinese, Japanese, Korean, Market watch | Leave a Comment »
Art prizes adding auctions and a charitable twist
Posted on August 8, 2008
ART PRIZE In 2003, Howard Bilton, chairman of the Hong Kong-based Sovereign Group, set up the Sovereign Asian Arts Prize, an annual award of $25,000 established “to give recognition to some of the most important artists of our time”. Sovereign European Arts Prize Two years later, he set up another prize for European artists, […]
Posted in Prizes, Russian, Uncategorised | Leave a Comment »
Artnet chooses Hong Kong as debut venue for new venture – Art Radar scoop interview
Posted on October 10, 2010
ART PRICE DATABASE DEALER NEWS Artnet group, the leading art price database and online art auction company has chosen the year 2010 to branch out into a brand new venture: art dealing. And it chose a surprising venue for its debut. In a brief chat with Max Wolf, Modern and Contemporary Specialist in […]
Posted in Auction staff, Auctions, Business of art, Hong Kong, Interviews, Market watch | 2 Comments »
Fad or innovation? First ever entirely online art fair to launch next year
Posted on September 1, 2010
ART EVENTS PROMOTING CONTEMPORARY ART ART SALES ART FAIRS ONLINE Art Radar Asia was recently sent information on an event new to the art promotion circuit – VIP Art Fair is the first fair to be run entirely online. The event will launch on 22 January, 2011 and was founded by experienced art professionals James and Jane […]
Posted in Art and internet, Business of art, Collectors, Events, Fairs, Promoting art, Trends | Leave a Comment »