First, the state supports and encourages private collections, and 2022 will become the year when the art market turns around.
The financial characteristics of art and the financial characteristics of gold are somewhat similar, both are precious and rare. If gold is not imposed on him for financial functions, it can only serve as an ornament except for a small part of industrial use.
When Picasso and Monet's oil paintings exceeded 100 million yuan, the world was peaceful because it was indeed rare. When China's Yuan Qinghua "Ghost Valley Down the Mountain" large pot, auctioned for 250 million yuan, the world was in an uproar, a piece of porcelain, can be equivalent to more than 2 tons of gold.
As many porcelains as the world can, China can buy the whole world. Chinese can't sit still, and the works of calligraphy and painting continue to exceed 100 million, allowing calligraphers and painters to buy the world. It looks beautiful, he is a rainbow, nothing.
Therefore, the spring of art is coming.
But there is still a long way to go to legalize, and to make it a financial product reasonably legal, the following issues need to be addressed:
The value of the artwork is certified
The determination of the value of the artwork must be authoritative and guaranteed, and once confirmed, it must be responsible for life. Of course, this requires an art appraisal agency jointly identified by financial institutions, guarantee institutions and art development funds to carry out, which is a new financial model that needs to be explored and a new road in line with China's national conditions.
A few well-known experts, writing an appraisal opinion, making a value determination of 2.4 billion, you can bank loan 700 million, 100% black box operation.
It is difficult to determine the true value of a work of art, and in addition to the cost of production, its artistry in a broad sense is difficult to evaluate. Each work is a synthesis of culture, history and art.
Narrow price standards can be set. Calligraphy and painting works are relatively easy, and there are standards everywhere. Jewelry and jade also have many market measurement standards. Porcelain artworks can be divided into three, six, nine and so on, and the standards are set separately.
Second, the registration of art by the whole people requires "amnesty" for works of art
The art census is an opportunity to solve the identity authentication of works of art, and the census of cultural relics in state-owned museums is remarkable, but how to census cultural relics in the hands of the general public? The workload is enormous, abandoned, and the significance of the census is lost.
Registration by the whole people requires an authoritative body to identify genuine counterfeits and to grant amnesty to works of art. Through the establishment of art development associations in various regions and through the way of association organization, it is a plan to solve the problem of identifying and evaluating the authenticity of works of art.
Our investment colleagues and the financial community are running this programme and hope to be able to advance positively. Nowadays, the state has begun to conduct a census of cultural relics and register cultural relics, which is a very good start. Only after the cultural relics are registered, the cultural relics can have proof of identity. to go from the underground to the ground.
Some experts have proposed that if cultural relics are registered, a cultural relics amnesty should be implemented, and the hero does not ask the source, who owns it, who is its owner.
With identity, there is naturally value, there is financial character, and it will become a new financial derivative.
Cultural relics have become a virtuous circle of capital models, and in the world, they can become the makers of the rules of cultural relics capital and the masters of the right to speak.
Recently, many friends in the investment community and the financial community have exchanged views together, and they have talked about the current financial situation, how to operate an upward financial derivative to increase the value and preserve the value?
I am more inclined to the direction of art appreciation and preservation, but the art fund has sprung up a lot in recent years, and there is no hope and benefit for collectors. In essence, its unspoken operation and the actual scale of funds are really not flattering. The mode of operation that is not satisfied with the water and soil is even more flattering.
Most funds have no yield or lower yield than promised, so there is naturally no future for development. Therefore, in order to truly make the cultural relics of the whole of China come alive, China must embrace the scattered folk cultural relics with the mind of a big country, introduce a series of policies and regulations that advance with the times and conform to the actual national conditions, and let the cultural heritage left by the ancestors enhance the influence of the ancient civilization.