There has been a lot of commotion, in the art markets, these days, about new art investment vehicles. They include art funds, art stocks, and outside guarantors of auction stock. We even recently commented about art funds, in another piece. In the mean time, we keep hearing about more people jumping into the fray. In China, more and more people seem to be getting into the auction business, which has its shady side, and opening art stock funds and exchanges, too. And there ...
<< MORE >>A copy of Pan He's sculpture, Tough Times (1956), recently sold for ¥ 10 million at an auction in Beijing. You can see the details at http://www.zggjysw.com/ConDetail.aspx?id=14424 .
You can read more about Pan He and this sculpture in previous posts on this blog.
Guangzhou, September 27, 2011 - There are Chinese artists who poke fun at the Cultural Revolution and call it contemporary art, and there are Chinese artists who have been making contemporary statements with their art since before the Cultural Revolution. There are today’s stylish dissident artists, and there are those who dissented for years, back when it was even more dangerous. There are Chinese artists who have become crowd-pleasing commercial enterprises, and there ...
<< MORE >>We were recently asked to write an article about the Chinese art market for China Economic Review. The final edited version to fit space is in the September 2011 issue. You can read it at
Painting by Numbers.
As I have noted, on a number of occasions, in a number of forums [see, for example, for a good overview], many people have become involved in the art market, in China, solely, because they have heard “it can make money.” We have seen people become art dealers, open art auction houses, and develop art securities, who have no idea about art or the market. Indeed, a recent experience provides a good example of the focus on money, in the ...
<< MORE >>Li Zheng Tian was a dissident artist, in the 1960’s, long before it
became fashionable. In recent years, he has settled down, has opened his own atelier, and has written his own philosophy about art. Now, there are people trying to market his art. However, there
are some problems with all that.
An amusing beginning to our story is that when I recently bought a book about Michelangelo for the gallery and ...