Chinese collectors heading London to buy Chinese Art

Full Story / Photo: CNN 4 November 2011

A turquoise-ground vase with Qianlong seal mark is the star lot at Bonhams' auction of Chinese art on the 10th November in London, estimated to fetch between $8 million (£5 million) and $13 million (£8 million) 

Dealers and auction houses in London are feverishly anticipating a slew of sales as part of Asian Art in London, a week-long event that has been attracting newly-wealthy Chinese buyers and collectors to the capital for over a decade, reports CNN.

Max Rutherston, Chairman of Asian Art in London, says:

"The week of Asian art sales and exhibitions in London has been running for 13 years, and has seen a "Chinese art boom," with collectors from mainland China and Hong Kong flocking to London to check out the array of antique wares laid out in the salesrooms and galleries."

CNN adds: Antique vases from 18th-century Qianlong period are being offered for auction at Sotheby's, Christie's and Bonhams, besides being on display at the commercial galleries, alongside decorative objets d'art and furnishings. Bonhams is selling a rare vase estimated to fetch between $8 million (£5 million) and $13 million (£8 million).

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Posted in: Art, Auction