China's collections have into the international investment market
Guardian auction in 2009, the State Administration of Cultural Heritage for the exercise of a right of first refusal, to 5.54 million yuan captured "the 13 letters Hu Chen cause." From that point on, letters began to price increases.
"The participation of national cultural institutions, on the market the role of stability and pushing." Zhang Zhongyi said.
When a considerable financial advantage of the banks, government departments, state-owned enterprises after the sequential approach, those purely interested in starting the original collectors have found themselves increasingly can not afford this game.
China's collection have been included in the international investment market. "Cad a year may be less than the stock market day trading volume, but its every move is closely related with the international collector market. It had not the Chinese collectors 'circle' transaction." Zhang Zhongyi said.
A subject is the national cultural institutions, such as the Palace Museum, Shanghai Museum and so on. Countries from the cultural art collection cultural relics auction some of the important heritage collection. According to Zhang Zhongyi estimates, these 20 years, the state has acquired dozens of pieces of cultural relics.
"Northern Song Dynasty calligrapher Mi Fu," Yan Shan Ming "hand-rolled Zengyi 29.99 million yuan by the state acquired by the Beijing Palace Museum for safekeeping. At that time, the state can also be directed to implement the acquisition of heritage, that is, in addition to other national heritage institutions others can not participate in the auction. this provision as unfair last year by the National Heritage Board abolished, replaced by a 'country has right of first refusal'. "
Simply put, where labeled "country has right of first refusal" heritage art collection cultural relics, going through the normal auction process, one week after the fall of the hammer, if not received notification of relevant state departments, collections were Finally, the bidder bought; If you receive a national notification, the State may, within a week the final hammer price priority to buy this auction.
