Chinese Antique Prices Fall

The market for Chinese antiques is changing. Items in the top 20 percent of prices are still selling well, but the rest of the Chinese market is down by as much as half since January 2012. There are plenty of wealthy Chinese buyers of luxury goods and fine antiques. It is said that one-third of the luxury purchases in Europe in 2011 were made by Chinese tourists.

chinese armchair furniture

 

 

 

 

 

 

 

 

 

 

Photo: Leslie Hindman Auctioneers

Comments  

#2 Vince12 2012-11-15 23:10
The Big auction houses are "gun shy" because of the so called big Chinese buyers not paying their bills.
Then you have fake chinese stuff that the Chinese don't want to buy. It killing the Market,some of it was made in last 5 years and fired in wood kilns, very hard to tell.Buy American
#1 Chinese porcelain priceswoodman9325 2012-11-14 17:35
I buy, sell and collect chinese porcelain and have found over the year of 2012 that the market has contracted by about half also.

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