Monday, April 5, 2010

New Art



I was recently introduced to contemporary Asian art. It seems that this is the big news this spring in major auction houses. Sotheby’s will be having a major auction presenting Chinese Contemporary Art this year.

There are many reasons for the growing popularity of Chinese contemporary art. Those of us who watched the Beijing Olympic Stadium or Birds Nest were no doubt impressed with the creativity of the Chinese artist. There has been an increase in popularity of Asian art in New York and London. In 2009, the auction sales of Asian Contemporary Art began to rise. This year’s sale in Hong Kong with 170 pieces is expected to be over $12 million.

According to an article, Chinese contemporary artists can be divided in 2 groups: the overseas Chinese artists and the China-based artists. The artistic qualities of the overseas Chinese artists who seem to be influenced by many foreign cultures are the most popular for collectors.

This may be a great time for the small-time collector to start taking notice of contemporary Asian art. It seems like new artists are arriving on the scene everyday and affordable art work should be in abundance.

www.nellasbooksandcollectibles.ecrater.com

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