Many collectors and buyers of Chinese art and antiques from across the world continue to raise their stakes. They spend lots of money on the antiques, and the Chinese works of art keep on booming. As the demand for chines art and antique increases, many sellers in possession of such items make fortunes. In the past few years, collectors from mainland China have snapped up Chinese antiques and art from auction houses in the west.
These items include bronzes, imperial porcelain, and paintings. This trend began in the mid-2000s, and buyers would come from Hong Kong and Taiwan. There has been a rapid development of mainland houses, which could be attributed to the development of the Chinese economy as the second-largest economy in the world. The Chinese antiques have consistently been robust, and this is partly because of more collectors from the mainland. These collectors see the Chinese antiques as a long-term and reliable investment. Some of these collectors aim to return some of these artworks to China.
In London, collectors meet twice a year at the British leading auction houses. As bids for the Chinese antiques are made, paddles are raised, and artworks are sold to buyers through the internet or through the phone. Buyers have to part with up to millions of pounds if they want to get major antiques in the auction. You should know that it takes months or even to stage an auction. The world network of auction houses searches all corners of the globe for fascinating and spectacular antiques.
Experts in antique collection know that the key to success is to develop a good relationship with the clients. If you miss a phone call or fail to respond to email, it could mean lost opportunities. Most buyers prefer dealing with collectors, especially those from England who have spectacular items. In most cases, these collectors have a history of how the antiques ended up in their family, and this is helpful when making the catalog.
There is a lot of traveling in Britain and globally to ensure that Chinese antiques and art vendors can participate in the valuation days. You will expect a sale of approximately 300 pieces while much more is turned away. In between seasons, you will expect between 500 and 1000 antiques and artworks. The three major auction pieces are sufficiently prepared for upcoming sales, which can even extend to years to come. Some dealers of Chinese antiques can even work on a collection for close to ten years before they make the sale. When an artwork or antique is set to go to an auction house, it is thoroughly examined.
There are in-depth discussions regarding their age and estimates. After this examination, the next step involves the completion of the catalog, and this is done in collaboration with specialist photographers. Footnotes are also written about the items, and comparative examples are sought to find out if similar antiques have been previously sold or are kept in museums. When selling your antiques, work with a reputable and experienced buyer.