Sunday, June 12, 2011

Sky high spring blot false boom worries

    Along with the guardian, Poly, Council, some “ above-scale ” auction hammer, feast of the spring of 2011 art auction. But within a half-month trading hours, the auction records of refresh with almost every work of art in the market price, people also continue to focus on the art market has created more than one topic of discussion, questioning even argue.

   

    inventory; &Amp;ldquo; refresh single season record ” into routine

    In the spring of 2011 on the auction, the auction company most used keywords are “ brush new record ”. China guardian 2011 spring auction on May 25 cent-butt, total turnover of 5.323 billion yuan, reached its turnover last year of $ 7.55 billion. Among them, the pine and Cypress High State · of Qi Baishi; seal four statements at 425.5 million yuan in modern painting and calligraphy of the world record, Chen Yi Fei of important works of the mountain wind was $ 81.65 million auction of Chinese oil painting the world record.

    Poly 2011 spring June 7 hammer, auction turnover within 6 days $ 6.13 billion, reached its turnover last year of $ 9.1 billion, and refreshes the Chinese art auction single farm auctioned the world record again. Among them, two billions of dollars, tens of millions of products up to 118. Wang Meng in the Yuan dynasty to the young moving map 402.5 million Yuan contract after poly out of the last year of Huang Tingjian's nuclear column of the Ming, become the second high price in the history of ancient paintings and calligraphy works, is also by far the third piece of Chinese paintings and calligraphy works of contract prices into the $ 400 million. At the same time, poly “ modern and contemporary art evening Wu Guanzhong important Chinese paintings works ” concert 25 works all transactions, the total turnover of 500 million Yuan, creating a personal concert by auction turnover record of contemporary Chinese artists, Wu Guanzhong works the lion forest to $ 115 million deal, creating new records and Wu Guanzhong personal works of contemporary Chinese art auction records.

    &Amp;ldquo; as long as more than $ 1 billion I satisfaction. &Amp;rdquo; this year when spring preview, Board Chairman of Beijing Council auction Dong Guoqiang had told reporters. And reporters access to the latest statistics showed that in the June 6 in the three days, Beijing Council auction company 2,562 total turnover exceeded $ 2 billion turnover rate of 85.61%, reached its turnover last year of $ 2.6 billion, and to create a highest single-season records of transactions. Two sites to the more representative of Wu Guanzhong to the master of nets garden $ 51.75 million contract, Qi Baishi the songmei magpie to $ 49.45 million deal.

    Miscellaneous auction “ new high ” full flowering

    In addition to traditional painting and calligraphy again refresh the history, on a shot in the spring of this year, many miscellaneous create auction record. Guardian in the spring, transcripts of the strategy to 12 volume in the Han dynasty to create Chinese classics, auction world record $ 48.3 million; “ out over full moon ” after several rounds of bidding to run animal mirror $ 8.97 million transactions, create mirror auction record.

    In the spring of poly on the shoot, antiques, curios “ dry Qing Long Tongliu gold go spend go Daji calabash with water jetting method clock ” to $ 78.2 million turnover world auction records of refresh Chinese court watch. Meanwhile, contemporary crafts concert “ Gu Jingzhou, Wei Zixi cooperation short bar pot ” $ 10.35 million deal. Poly jewelry-jade first concert in the auction, “ natural jade bead necklace ” sold amounted to $ 24.725 million.

    Poly “ Imperial jade beads necklace, Palace Art and important porcelain ” on the concert, “ Qianlong throne mahogany carved Baroque style ” $ 40.25 million deal, the highest price.

    Shot in the Kuang Shichun of Xinhai in concert in a century, a “ Sun Yat-Sen ” use seal since $ 180,000 shot of Sun Yat-Sen, after several rounds of fierce bidding to 2.185 million worth of expensive deal. In addition, Liu haisu and Xu Beihong revealed concern centuryZhou Yang's letter caused by scores of Xu Beihong was $ 2.093 million deal. Mahogany furniture Beijing Council launched the concert in the Palace, eight items turnover of over 57.155 million Yuan, lots of 87.5%. Among them, red sandalwood plum Kam sheath flat case after several rounds of bidding, high price of $ 16.675 million last remove this field comes top. In addition, a pair of Royal mahogany wood crane Ganoderma lucidum moire Kang Cabinet after 20 rounds of bidding, ultimately to $ 13.8 million deal.

    Council auction horns of rhinoceros horn carving concert 17 on Ming and Qing Qing in treasures has raised again the market boom, lots sold fully, this spring 2011 when Marina Cove is the third concert by white glove, turnover reached 54.5675 million Yuan. Xiyuan refined scholars gathered in rhino horn carving Cup sold for $ 7.82 million became concert champions. There is also a Qing Hu Xingyue rhino horn carving a hornless Dragon Dragon Cup, starting from $ 4.5 million, sold for $ 7.5325 million after several rounds of bidding a final, became the concert first runner-up. Council also launched two special things for play with concert. Things for play with clearance for concert in the Ming and Qing dynasties, 186 58.36 million yuan of total transactions; static Tibetan room collection special study room 61 in Ming and Qing curios turnover of nearly 20 million Yuan.

    Question

    Question: whether the market is overdraft

    2011 spring shoot sky-high with a record in the drawing to a close. Spring brings to people's senses and subject does not seem to stop. May 22, guardian auction on the night, the pine and Cypress High State · of Qi Baishi; seal price from $ 88 million of the four statements at 425.5 million dollars after the high of a step, questioning seems to be the voice of terminated when it was.

    It is said that when the audience burst into applause for several minutes was cheered in the capital, was a picture of the purchase price of $ 20 million paintings pushed up to over $ 400 million, in which the hand of capital plays an important role.

    &Amp;ldquo; if the art collection were completely around the capital in the market, there is no genuine collector, only the opponent on the left and live, eventually someone will take the last bar. &Amp;rdquo; a senior Tibetan home on today's booming art trading showed deep concern.

    In the view of senior auctioneer Ji Tao, zhongyangcaijingdaxue auction Research Center, capital has always been only a passion, not constant. For example, in 2003, Chinese contemporary art on the auction market scenery infinite, but by then the stock market has not reached good status. Sheng and the failure of then contemporary art. Until the 2008 stock market by cow go bears, art market day has suddenly better, more funds and participants, and auction companies began to display their, close relationship with the capital crocodiles, which has the appearance of billions of dollars. Nearly three years, the stock market always failed to get out of the clear pattern, art market exactly in this period has been rapid development. &Amp;ldquo; if the stock market one day return to 3,000, 4,000 points and even historical highs, " of the art market; Wolf " really came. &Amp;rdquo; Ji Tao said.

    &Amp;ldquo; the art itself is priceless, art prices now more see no overdrafts. &Amp;rdquo; this capital predators, in the art market is both a buyer and seller of Liu Yiqian yesterday to reporters again stressed this point. And high in the pine and cypress standing figure · seal on this shot of the four statements, he seems to have an absolute right. Early in 2005 he spent 5 million Yuan buy Xia this site took products in the of pine high State figure under part Shi, on has many people said he is fool, to has 2010 years, he spent 15 million Yuan buy Xia another part seal four statements joint under Shi, directly by fool promotion for “ poke ”, and in today seems, he seems to is maximum of winner. &Amp;ldquo; if I had bought was not treasure, but goods, may not have today. &Amp;rdquo; Liu Yiqian said.

    In response, Dong Guoqiang indicated that, for prices in the art of all kinds of fears, because art sought after by the various funds in recent years, indeed there have been scenes of prosperity, but if it into line with the international art market, art market is still in its infancy in China. &Amp;ldquo; first, China's 95% the rich no collection works of art. Secondly, prices are at an early stage of Chinese art. An example of Picasso and Qi Baishi, save works of two artists who are very large, but the price difference between the dozens of times. In addition, society's understanding of the art market is still in its infancy. In the West, if you take a Picasso works to pay high prices, the public will be very happy, because they love the art. But in China, aIf you shoot sky-high, soon will have a variety of questions. &Amp;rdquo; Dong Guoqiang said.

    Question two: tax evasion, false turnover

    If concerns about market bubbles are insufficient to shake the art market, sky-high frequency out behind the market on the authenticity of artwork sold for suspect, and this leads to concerns related tax issues, are affecting the nerves of many people. Insiders said field who staged “ not the highest, only later ” of prosperity, will only make outsiders, insiders speculate and question.

    Since 2010, the auction market in a variety of factors in China under the overlay, ushered in looking forward to many years of peace and prosperity collection boom. Prior to this it was forecast that by 2013, annual turnover of more than 50 billion yuan of the auction market in China, and this target has been three years in advance. Earlier it was said that many, many participants are bound to participate in funding will market on hold to an unprecedented height. End of the spring, this also has been confirmed, but many auction company was &ldquo at the moment; to ride a tiger ”.

    &Amp;ldquo; auction company falsely turnover problems become almost hidden rules in the industry to attract sellers. If we turn the base of these companies, few companies could escape the hidden rules. &Amp;rdquo; this one accounting experts said.

    According to the related media information, pursuant to the company's official website displayed the auction rules, Poly, and guardian and jade to the client (seller) and buyer (buyer) Commission charged hammer price and 10% respectively (total 25%), Kuang Shi Commission to receive and 10% respectively (total 22%). According to the formula &ldquo auction company public; turnover = hammer price + Commission = hammer price + hammer price × Commission proportion (such as 25%) ”, the four companies 2010 Commission income in theory (main income) should be respectively about $ 1.82 billion, $ 1.5 billion, $ 680 million and $ 470 million. Auction industry are service industries, calculated according to the sales tax 5%, then theoretically four companies when sales tax should be respectively about $ 91 million, $ 75 million, $ 34 million and $ 23.5 million.

    However, related media from authority sector get of data display, Poly, and jade 2010 has paid business tax respectively about for 23.05 million Yuan, and 9.52 million Yuan, respectively only for theory value of 25%, and 28%; reporter then in Ka de, and Marina Cove Shi of 2010 Enterprise annual report under in the found, its year “ main income ” respectively about for 340 million Yuan, and 75 million Yuan, respectively only for theory value of 23%, and 16%.

    One industry source told reporters, in fact, Commission proportion for adjustments of significant, good for enrolling, lower commissions is “ a natural ”. The auction company 2010 Commission proportion not so high, the main income is also not as big as in theory. Auction company's main revenue and according to their announced turnover of Commission income is still a serious departure from projections.

    Senior Tibetan horse is not said, in a foreign country, Sotheby 's, Christie was found malicious false price is likely to bear criminal responsibility, was sold in the domestic market is not liable. &Amp;ldquo; in fact, if the information is public, whether directed to the buyer after the auction ended to pay personal income tax, and the auction company has been in accordance with the provisions of Commission data, at a glance. But the information symmetry appears to be unable to achieve. &Amp;rdquo; this one revealed insiders.

    Question three: auction market is saturated

    Photographing products and auction companies in the past on the date, time arrangements will be coordinated to each other, as far as possible avoid similar products on the same day “ crash ”. Once “ crash ”, might affect the attendance of the auction. But on the spring of this year, the major concert auction &ldquo auction company; crash ” frequently. Guardian, John sea, Cheng Xuan, Lo Wing-Lok in almost the same day launched concert of painting and calligraphy. &Amp;ldquo; markets do very well, buyers, and not afraid of " crash ". In the past, so who dares and guardian hit? ” Senior auctioneer Mei Ligang said.

    Hot markets, however, may not be the small and medium-sized company spring auction. Instead, the industry increasing competition makes auction company “ &rdquo shuffle effect; highlights. Earlier, in the spring of this year just to Beijing to participate in a Shandong auction company's auction site, reporters found its exception out of the scene. Can accommodate 150 people shoot attendance less than two-thirds. Many take a starting price of only tens of thousands of Yuan, flow phenomenon is still the area appears.

    In response, senior art trading broker Zhu Yesheng laments, the art market growing polarization. High price of getting higher and higher, a tens of millions of millions of dollars at every turn; increasingly low prices low, low price but no one from to. &Amp;ldquo; real good things become less and less. Even with good things, price has been high, it can be said to have how expensive. &Amp;rdquo; Zhu Yesheng said.

    Small companies so competitive Beijing spring auction took time to “ crowded &rdquo market, its purpose must be mature in Beijing throughout the art trading status directly into works of art auction fast lane, but ignored the auction company mission highlights so far of the trend. &Amp;ldquo; heavyweight inevitable choice of major auction companies of the flow has developed over the years, because they have a better reputation, brand and customer groups. &Amp;rdquo; society theory in ouyangshuying, Deputy Director of the propaganda Department, said she also believes that the auction market is not saturated, the healthy growth of the market will only expand, but industry to specialize in and market segmentation is the premise.

    &Amp;ldquo; small auction company must have its own characteristics and position, advantages for is to focus on your project. &Amp;rdquo; Beijing boguan international auction limited company business Department Director Wan Haochuan said current market booming, products must be of a comprehensive major auction companies holding. Their operations for a long time, a wide range of cooperative relations and good contacts, visibility and credibility are relatively high, occupy the largest share of auction markets. If you do not have expertise, small auction company is absolutely difficult to intervene.

    For the art market entry of fiery rush of small auction company, otherwise believe that art auction are professional, highly technical area, no excellent professional qualities, only optimistic about the market entry in a hurry, or do not understand the market and works of art, or understand the art, knowing that they are not really, but in order to grab the market at the desperate will bring great harm to the industry as a whole. Therefore, “ and well chosen ” management strategies are small auction companies key to succeed in a competitive market.