High prices of porcelain and porcelain need to be vigilant

As the saying goes, “Gold chaos in the world, and porcelain in the glory of the world”, along with the rapid development of China’s economy, the value of “porcelain”, a Chinese original artwork, has also risen. In recent years, the porcelain auction market has reached a record high transaction price, which has also aroused people’s interest and concern in investing in porcelain.

Since the beginning of this year, the market for art investment has been rising. Millions of pieces of calligraphy and painting, thousands of yuan of porcelain, and even a painting of hundreds of millions of dollars have repeatedly appeared. No wonder some collectors say this year's art market is hot. However, under the hustle and bustle of the scene, there is no small crisis hidden.

Mr. Hide Xie bought a few paintings from a gallery a few months ago and spent a total of more than 100,000 yuan. Before the purchase, Mr. Xie believed that the artist's work was of great investment value and the market was hot. Shortly after the purchase, Mr. Xie tried to hand over the collection in his hand to another gallery for sale. He did not expect that he would not care for a few months. The reason was naturally high prices. Later, he had to take these paintings home and make a "long-term collection."

The collector, Qiao Tijun, believes that the current market for the art market is in the stage of virtual heat, with the price fluctuating relatively quickly, and the speculation factor is added to it, which in turn creates a situation with price and no market. Ancient porcelain hit new heights on the auction market, but the price was still on the order of a million dollars. Therefore, the eyes of the Tibetan community gradually shifted to the porcelain of contemporary masters, promoting the steady rise in the price of contemporary porcelain in recent years. Some porcelain prices have risen by an average of 30% annually, and the prices of some famous works have even tripled in a year. Therefore, many Tibetan friends who are still chasing high purchases of art collections at high levels should pay attention to the risks posed by high prices.

This year, many places have opened trading platforms such as the Wenzhou Stock Exchange for ordinary people to invest in artworks. The original intention of setting up the share products of artworks is to lower the investment threshold for artworks, and each one-dollar artwork stock allows ordinary people to invest in artworks. However, in Qiao Tienjun's view, due to the lack of mature supervision, the artwork stock was once a tool for stir-fry and became a high-risk investment product. Many cultural exchanges are rushing to raise the investment threshold, and the investment population is also limited to high-income groups. Taking the Tianjin Stock Exchange as an example, the initial threshold for opening an account was only 50,000 yuan. Afterwards, due to stir-fried speculation, the threshold for account opening was raised twice, first from 50,000 yuan to 500,000 yuan, and then later again to 1 million yuan. The investment thresholds of other exchanges are also generally set at more than 100,000 yuan.

Qiao Tijun believes that due to the relatively complex appreciation of artworks such as porcelain and calligraphy, collection appreciation requires a higher threshold. In addition, porcelain, calligraphy and painting market are mixed, and there are many fakes and imitations, which makes it more difficult for investors to collect. Ordinary investors can purchase porcelain and other artworks through the purchase of trust products. On the one hand, professional teams manage trust products. On the other hand, the expert team also has a precise grasp of the identification of porcelain.