1990s, a few thousand dollars of calligraphy and oil paintings now sell hundreds of thousands or even millions, art show than equities and real estate investment greater returns. Plus some media speculation, the art market portrayed as a low-input, high investment returns Dreams stage, the popular investment boom began in the art market, art collections into investment hot heat quickly.
This process in the late 1990's to date from the last century, can be summarized in two changes, the first change is to become a collector investors. In the past 20 years, the domestic prices of works of art by 10 times or even 100 times over, I am afraid not all collectors are foreseen. China's rapid economic development, the RMB appreciation, the rich people busy looking art, and the upsurge of the 1980s, the Japanese art market environment very similar, look sharp collectors will have the opportunity to arbitrage their holdings.
In the past, Tibet's usually through other domestic industries to earn money, Art Collection is a pleasure. Today's market conditions for the return of works of art become a huge investment targets, Tibet home buyers and sellers in between his own role, and some even own a gallery of Tibetan home, do fund to a more positive means to derive greater profits from art. Since Tibet''s rational understanding of art, combined with long-term accumulation of market power and financial resources to become Tibet's art investors player.
In the new century, the art market in a sustained manner. 2003, the Chinese stock market hit bottom, shrinking 50% of the market, many investors got funds to start looking art market. Some funds from the stock market and other investment areas withdrawal from the art market, the influx of large amounts of capital for the rapid expansion of the art market. 2002, the domestic auction market was about 600 million yuan of total turnover, reaching 2.5 billion yuan in 2003 to 2005, only seven major auction companies of the total domestic turnover reached 5.7 billion yuan. And the entire art market turnover of about 20 billion yuan.
Many investors have been the success of financial and real estate areas, they tried to adopt the same approach in the art market profits. These people entered the art market, art is not based on the need or value of the expected future works of art, they are hoping to profit in the rapid rise of market. In addition to adequate funding, they lack sufficient knowledge and psychological preparation. Such funds blindly into the art market, some have been prepared to lead the industry in price, the purchase of works of art. These people lack the professional investment judgment and only use the financial market speculation, ultimately suffered huge losses. As in 2005 the most popular of modern oil paintings in the spring of this years film, the turnover rate was only 60%, reaching 30 to 40% price decreases, showing a rising trend. Buyers can not buy those with higher short-term commitments, a sluggish pressure works hands, and investors have become collectors.
Collection and investment in the transformation process, the art was quickly inflated prices, it is seldom long-art value return. On the art market, the price is a good thing, can promote the prosperity and development of the arts. After a short period of three years and an adjusted same momentum is good, it allows investors to have a deeper understanding of the law of value works of art themselves, the more rational investment in art market. Just as the "Forbes" magazine said : Art Collection needs big wisdom.