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Asia’s Art Market: For Investment and Connections

Michael Backman

Chapter Chapter 11 in Inside Knowledge, 2005, pp 124-137 from Palgrave Macmillan

Abstract: Abstract The arguments for the antiques market as a place for sound investment are compelling, particularly at the high end. The market grows ever narrower and the number of museum-quality items fewer relative to demand. And yet never before have there been so many wealthy people in Asia or anywhere else. So, with a fixed supply of antiques by definition, and increasingly rich populations, the sky is the limit as far as price is concerned when it comes to quality works of art.

Keywords: Auction House; Business Elite; Chinese Official; Royal Ontario Museum; National Palace Museum (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52239-8_11

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DOI: 10.1057/9780230522398_11

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