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PRINCIPLES
OF COLLECTING ASIAN CERAMICS:
Investment
Outlook for
Asian
Ceramic Art
Various factors impact the supply and demand of Chinese and other Asian Ceramics (Porcelain, Stoneware and Earthenware).
Demand
There are 2 main factor affecting demand for Chinese and Asian
Ceramic Art.
1. Popularity
Ancient art does not have seasonal fashion cycles like shoes worn by teenage girls. Nevertheless, certain art styles can become more popular as the result of a celebrity collector or some other reason.
The re-emergence of China as a global power is said to be of profound importance to the world’s art market in general and Chinese Ceramic Art in particular. The world
outside China is suddenly taking interest in the great nation's
culture and history and its art like never before (or at least
not in recent centuries). The result is increasing demand
for Chinese Ceramics by non-Chinese.
But the largest source of new demand for Chinese Ceramics is
from Chinese people themselves. China has a history of art
appreciation that extends through thousands of years. Chinese collectors are interested to buy
ancient works as an expression of their nation’s remarkable history and rich artistic culture. The impact
on demand for Chinese Ceramics is compounded by the simple fact that so little Chinese art is actually inside
China.
The
effect of this demand phenomenon is already being felt.
China recently overtook France as the world's 3rd largest art
market (behind the US and Britain) according to the Economist
magazine.
2. Economic Prosperity
Art investment is dependent on disposable income. Strong economic growth is necessary if there are to be buyers of art. Gladly, the extraordinary economic success of China seems to be providing the necessary environment for
producing lots of buyers. While many countries worry about trade deficits, fiscal shortfalls and other problems, China’s economy continues to surge ahead. It bodes well for the art market, and especially the Chinese Ceramic Art market, for the foreseeable future.
Supply
As China was the world’s premier producer of Ceramic Art for most of the past thousand years, people are mainly interested in pieces from that glorious period
ending about 100 years ago. Therefore, supply such works is said to be static.
Possible increases in supply could come from ancient shipwrecks that have yet to be
recovered, said to be many throughout Southeast Asia. However, the volume of
ancient ceramics involved from such salvage operations should not be enough to disrupt the
overall market. On the contrary, demand will likely increase to more than meet the extra supply because of enthusiastic media exposure that such discoveries bring. This
has been the experience with by archeological adventurers like Sten
Sjostrand,
Authenticity is a growing issue for most luxury goods including
Chinese Ceramics. Fakes are disruptive for the ceramics market because they discourage new collectors who usually lack experience with authentication. It
is an open question at this time what the overall impact of
counterfeits will be on the market.
Go to the
Chalre
Collection
of
Asian Ceramic Art
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