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Charll shared this beautiful Xianfeng (1851-1861) dated bottle depicting NeZha combating the Dragon King amongst a rolling sea of blue and eight mythical sea creatures.


Chinese Snuff Bottle Discussion Forum 中國鼻煙壺討論論壇
April 15, 2024, 09:53:12 pm
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62 B&W

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Author Topic: 62 B&W  (Read 799 times)
Wattana
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« on: December 29, 2020, 04:03:58 am »

Charll and YT,

I agree that it was an interesting ploy by Sothebys. And a successful one. I'm sure their competitors have made note, and may well start to move in that direction, i.e. larger group lots.
The downside is that it is unattractive to mature and selective collectors like us. So it limits the bidders. But it could be attractive to dealers wanting to build stock.
Auction houses citing rising costs is a lame excuse. Back in the 1970s they charged a 10% premium. Then it crept up to 20%, then 25%, with Bonhams now raking in 27.5%.
Since lot values have also risen, often at a greater rate than inflation, the premiums would have kept up anyway, without raising the percentage rate.

Tom
« Last Edit: December 29, 2020, 04:06:17 am by Wattana » Report Spam   Logged

Collecting since 1971

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