Tag Archives: watches

Put Your Money Where The Art Is

Growing Number and Influence Of Asian Auctions Will Provide Excellent Buying Opportunities For Diversifying Investors And Avid Collectors Alike

Up for auction in Hong Kong, May 24, Liu Ye, Boogie Woogie, Little Girl in New York (2006)

Up for auction in Hong Kong, May 24, Liu Ye, Boogie Woogie, Little Girl in New York (2006)

We have written several times that right now is the best time to purchase both top historical artists and emerging talent. Now that auction season is getting ready to really start heating up, journalists around the world are noticing that there are great deals to be had, and that anyone who is interested in jumping into art as an investment should do so now, when the market is more affordable. Upcoming auctions in Hong Kong and elsewhere are sure to reflect the trends we’ve been noticing — China and emerging contemporary art markets are going to continue to be the best place to put your money. Here’s why:

Continue reading

Watches and Jewelry Dazzle at HK Sotheby’s Sale

New Collector Base Starts to Emerge

The Star of the Show -- Patek Philippe Watch Sold for HK$2.8 million

The Star of the Show -- Patek Philippe Watch Sold for HK$2.8 million (ⓒ Sotheby's)

As the Sotheby’s sale in Hong Kong that I’ve been watching so intently winds down, I was struck today by the strong showing at the watch and jewelry sale, where many of the top bidders were from mainland China. From the frenzied bidding we’ve seen throughout this Sotheby’s series, it looks as though a trend is emerging in which affluent mainland Chinese are — like many non-Chinese — hedging their bets with luxury and art purchases.

Continue reading