Welcome to December and our final newsletter of 2019.
The Asian art period in London and the provinces has now come to a close and with it a mixture of outstanding results throughout the 10 days or so that it ran, as one example a Chinese Tea pot with minor damage sold in the provinces for a figure exceeding 1 million pounds if you include buyer’s premium, with a charity shop find Chinese wall vase reputably bought for £1, selling at an outer London auction house for £380,000 plus premium !!
Back in the rather more realistically priced Japanese art market a lacquer panel by the Imperial artist Shibata Zeshin sold in one of the major London rooms for £300,000, a super quality Komai pagoda was sold for a hammer price of £110,000 plus 30% premium, whilst another less opulent and much smaller Komai pagoda also sold for in excess of £40,000 plus bp, there were many other more modest priced Japanese items sold during the period.
What was evident were firm prices in high quality Metal wares, Iron and damascened works of art particularly by the highly coveted Komai company of Kyoto, there appears to be no shortage of buyers for the finer items in good condition.
It is refreshing to know that we can still source and handle some of the finest Japanese Meiji period works of art by Imperial artists, lacquer wares by Shibata Zeshin, Enamels by Namikawa Yasayuki, Ceramics by Makuzu Kozan and mixed metal wares by Suzuki Chokichi to name a few, and for a fraction of the wildly fluctuating price of goods being sold to other Asian markets, for how much longer it is difficult to say, certainly these items are becoming scarcer and so naturally market forces drive up the cost of the best pieces, but I will certainly continue to enjoy the chase.
We currently have two items in our gallery both fully signed by the Komai company of Kyoto, that in our opinion would have flown away at the major rooms during this Asian art period, it is interesting that some buyers find comfort in paying Major auction house prices plus huge fees, whilst others quietly add to their collections by visiting both traditional bricks and mortar and online gallery’s building relationships with trusted experts who can source the items on their behalf, of course some cover all angles in their quest to find the best.
I am sure that overseas visitors probably enjoy the whole experience of the London visits, social events and possibly culminating in that show off moment waving their paddle in the rooms, auction fever can and has gripped us all many times and if the Gods are smiling you can occasionally pick up a bargain.
These important overseas visitors are most welcome and however they choose to collect and invest in Japanese Meiji period art is just fine for me, and the industry as a whole.
Please Visit – https://www.steveslyjapaneseart.com