Relevant categories: Buddha Statues,Chinese Porcelain,Porcelain,Curios,Bookcases,Tables
People are increasingly investing in Chinese works of art and porcelain because of their rarity as well as profit potential. However, care should be taken to avoid falling prey to the many fake items available on the market. The reason Chinese antiques are so valuable is that they are in short supply. Thus, their prices tend to rise within the shortest time possible. You may want to invest in antique vessels, paintings, and sculptures.
The following are invaluable tips on buying Chinese antiques:
1. Check the Condition of the Antique
Before you buy Chinese antiques, it is important to ascertain the condition in which the piece of art is. Also, find out the source of the object. Given that they were made many years ago, some of the items are likely to have undergone some repairs. Ancient statues may have lost some of their details due to handling. It is these repairs that determine the price you will pay for the piece of art.
Find out how credible and valuable the piece of art is. For instance, a piece of art that was once owned by someone important could be much more valuable than its face value. That’s why you should dig deep to understand the history of the piece of art. With that, it will be possible to avoid being scammed with counterfeit art. Your first instinct is the most important. Ask as many questions as possible to ensure all arising issues are properly addressed.
2. Register Days before the Auction
No matter where you go to buy Chinese antiques, you will be required to register. Some need you to register in advance for you to be allowed to bid. It is nothing too complicated. Even though straightforward, this process needs to take place 1 or 2 days before the auction.
. Know the Terms and Conditions
There is a lot about the auction house that you need to learn. For instance, the auction house should make it clear to you how they handle taxes. From the get-go, ask if the buyer’s premium should be part of the hammer price. Know how the auction house will handle the shipping. Does the auction house allow time for you to make arrangements to pay for the piece of art?
4. Find out Past Prices
One of the questions you should ask the auction house should concern the past prices offered for such items. With that, you will be in the know about the amount you should quote to make your bid competitive. Why should you overpay for the item anyway?
5. Bid Only When You Are Sure
Once you are sure that you want to buy the piece of art, you can go ahead and place your bid. If not, don’t waste your time. Auction sales are, by their nature, final. After closing the sale, you can then go ahead and hire a reliable shipping and handling company. It is important that you take good care of the piece of art once you receive it.
Before you buy Chinese antiques, make sure you consider all the points discussed above. Not only will you get high-quality items but also at the best prices.
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