|
|
| news issue->Culture |
|
| New auction model was being launched and Night auction received the biggest success |
| 2007-09-27 10:45:49 |
|
(has been browse 654 times)
|
The turnover of contemporary Chinese art night auction and day auction in this spring auction reached an unprecedented 0.34 billion, creating a Chinese oil painting auction’s record. Night auction concluded a deal in 240 million yuan with only 65 items, the turnover rate was 94%, the average price per item was 4 million yuan, created a record of domestic single auctions’ average turnover.
Night auction is a new concept that Poly introduced from Europe and the United States featuring of small number of items, high quality, high price, and being carried out at night. Its core is detailed division of art market by trying high-end art market. The auction company absorbs international top auction companies’ advanced experience, combines the quotation of contemporary art market in China, bases on aesthetic characteristics and the law of value of art works their own, timely guides development with levels to contemporary art market in China, launches auction arrangements of night and day - "Night Auction of Contemporary Art in China" and " Day Auction of Contemporary Art in China". As one of the major strategic initiatives Beijing Poly International Auction Limited carried out in 2007, the high-end night auction first held in Asia - "Beijing Poly 2007 Night Auction of Contemporary Art" will be recorded in Chinese history and Chinese contemporary art auction history.
|
|
| |
|
