For the most expensive in the world of Chinese vase has not yet been paid
ARTinvestment.RU   16 декабря 2011

For more than a year has passed since the memorable sale at London auction Bainbridges vase Qianlong Emperor period for $ 83 million, and money auctioneers and have not received

For more than a year has passed since then, as a provincial auction in London Bainbridges November 11, 2010 was sold Chinese porcelain vase of Emperor Qianlong period, for 51.6 million pounds ( $ 83 million) - to 50-fold excess of estimate 800 thousand pounds. A vase from the reign of Qianlong decorated slotted mesh design and painting in the range of the "pink family". She was found by accident while cleaning a house belonging to a former lawyer, Tony Johnson (Tony Johnson) and his mother.

, however, seems to be the most expensive in the world of Chinese art works of the vase is undeserved. It seems that for it has not been promised to pay millions of Asian collector. The head of the auction house, Peter Bainbridge (Peter Bainbridge) last officially commented on the situation in February 2011. Then he said that he is still waiting for payment. Now, Bainbridge, apparently desperate to wait, he did not confirm nor deny, citing a confidential agreement signed with the client.

However, a reputable art dealer with knowledge said in an interview with Bloomberg, that the final payment for the vase still not done, and what it does, is not obvious, though, to his knowledge, certain sums of money transferred.

«If you receive an advance payment, you have an obligation to the customer - says London dealer John Berwald (John Berwald). - Maybe they should cancel the transaction and re-set the vase in Hong Kong. I am absolutely sure that it is authentic. By the second round it can be to sell at least 20 million pounds ».

vase Qianlong emperor's time. Around 1740 Bainbridges, London. 11.11.2010 Estimate: 0,8-1 2 million pounds Result: 51.6 million pounds Source: bloomberg.com

Chinese seal of white jade. XVIII century. Labarbe, Toulouse. 26.03.2011 Estimate: 1-1.5 million euros Result: 12.4 million euros Source: bloomberg.com

case with beynbridzhskoy vase is not the only one: the recent Asian collectors in the eyes of the western most auctioneers do not look good pay. As a result, the auction houses have introduced the practice of advance payments to be made by those who are willing to bet on one or other expensive item Asian trading.

So did the Parisian expert on Asian art, Pierre Ansay ( Pierre Ansas): he asked that 200 thousand euros advance those customers who wish to bargain for a Chinese scroll and press the period of Emperor Qianlong at auction in Toulouse Labarbe March 26, 2011. However, it now appears that this measure was effective only in half. In afternoon trading there were no signs troubles, the contrary: the scroll was sold for a record 22.1 million euros, and print - for 12.4 million euros. Buyers in both cases were Chinese collectors. The bill for the rollout has been paid for three months, but here's a print for almost nine months later, made only 2.2 million euros.

«Buyer must pay the remaining 10.2 million euros to 10 in January 2012. Otherwise, we will once again offer a print at auction in March. The evaluation will be lower, about 5-6 million euros, and the owners will require them to compensate the difference in prices through the courts. If the first buyer evade payment of his first contribution to the 2.2 million euros for him not coming back "- said in an interview with Bloomberg on the phone, Pierre ansa.

final bid in the past March to Hong Kong made a bid Toulouse dealer on behalf of the Chinese collector. "He [the dealer] said that he could not pay because his client had lost a lot of money in China - shared ansa. - Economics is not in the best condition. The situation is serious, and I do not quite know how we will solve these problems with non-payers. On market speculation thrives ».

British auctioneers Woolley & Wallis and Duke's also decided to start a request advance payments for lots of Asian premium. The head of the department of Asian art auction house Exford John (John Axford) said in an interview that they are reviewing their policies on pre-payments and conduct business that sometimes is not easy.

Interaction with Asian customers dedicated a poem by an unknown author, circulating recently in the art community.

Chinese hot bargain is
And saves those huge expense.
Screams " That payment is about to come! »
But no, my friend, all lies, all lies.

(The Chinese bid with verve and skill,
And hence rack up a mighty bill.
"The money's coming soon" they cry
But oh, my friend, they lie, they lie).

(Not Byron, of course, but judging by the fact that Chinese buyers are paying more does not have, you see, and soon comes to the poems. - AI .)

Prepared by Mary Onuchina, AI

Source: bloomberg.com , artinvestment.ru

See also: Auctions are dissatisfied with: the Chinese badly paid after trading