The Valuation of Copies for Chinese Artworks

Kim Oosterlinck, Anne-Sophie Radermecker and Yuqing Song

No 23-008, Working Papers CEB from ULB -- Universite Libre de Bruxelles

Abstract: Are copies always inferior to originals in value? In this paper we first detail the differences between the Western and the Eastern worlds’ appreciation of copies. While the hand of the artist is vital in the evaluation of an artwork in the West, Chinese markets also consider the formal aspects of copies in art valuation. Focusing on the eminent Chinese old master Dong Qichang (1555–1636), an artist who was instrumental in developing a system of naming the artists he copied, our empirical analysis demonstrates that the prices of copies may be higher than those of originals. The paper therefore sheds light on how buyers value copies in the context of a globalized art market.

Keywords: Global art market; Copies; Dong Qichang; Chinese calligraphy and painting; Valuation mechanisms (search for similar items in EconPapers)
Date: 2023-09-14
New Economics Papers: this item is included in nep-cul
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published by:

Downloads: (external link)
https://dipot.ulb.ac.be/dspace/bitstream/2013/362789/3/wp23008.pdf Full text for the whole work, or for a work part (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sol:wpaper:2013/362789

Ordering information: This working paper can be ordered from
http://hdl.handle.ne ... lb.ac.be:2013/362789

Access Statistics for this paper

More papers in Working Papers CEB from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().