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M+ Museum’s New Exhibition Explores Southeast Asia’s Diverse Creativity
19 July 2018The museum’s first interdisciplinary exhibition has opened at the M+ Pavilion in Hong Kong. It studies SEA’s vast assortment of cultural expressions.
No auctioneer licensing so anything goes?
16 July 2018We tend to hear this argument somewhat regularly: “There is no auctioneer licensing in that state, so anything goes …” In other words, there are no laws or rules which apply to an auctioneer in a non-license state.
Art SG to launch November 2019
13 July 2018Singapore really does have an appetite for art fairs.
Exploring Modernism in India in the Wake of Independence
11 July 2018M.F. Husain. Peasant Couple, 1950. Oil on canvas. Peabody Essex Museum, Gift of the Chester and Davida Herwitz Collection, 2003. Courtesy of the Peabody Essex Museum, Salem, MA. Photography by Walter Silver.
Source: https://asiasociety.org/asia-society-museum-presents-landmark-exhibition...
More bidders or the right bidders?
10 July 2018The question again seems to be do auctioneers need more bidders (a larger bidder pool) or just the right two bidders.
At auction, the final high bid is (largely) determined by the last two bidders — the high bidder and the runner-up bidder. Given that, no other bidders are arguably really necessary. The trick is finding those last two bidders, or “the right bidders” for each property put up for auction.
Huang Yao's calligraphy in HK
5 July 2018The Voice of the Brush is a series of exhibitions showcasing works by distinguished Chinese calligraphers -- Gu Gan, Huang Yao, Luo Qi, and Wang Dongling -- at Alisan Fine Arts in Hong Kong from July 5 to Aug 4.
On July 10, Carolyn Wong, granddaughter of Huang Yao, will conduct a walkthrough of the exhibition at 3.30pm. The walkthrough is followed by an English lecture on the life and work of Huang Yao.
The "basics" of the auction business?
2 July 2018I published this blog on June 6, 2018 about the auction industry losing bidders due to some illegal/unethical practices: https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-i...
That other bidder and fraudulent inducement
25 June 2018Often perception is more important than reality; auctions in the United States are no exception. Thus, our question today is, “Does it matter who the other bidder is?”
There are only two types of auctions: with reserve and without reserve. We have written various times about this topic, including here:https://mikebrandlyauctioneer.wordpress.com/2009/11/15/different-types-o...
Sotheby's specially curated sale rakes in US$6mil
11 June 2018Targeted at younger collectors, the 'Curated: Turn It Up' artworks auctioned at Sotheby’s Hong Kong totalled HK$47.7 million / US$6 million.
All of the 102 pieces offered found buyers, with 78% realising prices above their high estimates.
Rarity and value in the auction business
11 June 2018If we’ve heard it once, we’ve heard it 100’s of times … this is rare and so it’s valuable, right? There are no 1964-D Peace Dollars known to exist — and thus if one surfaced, there would be tremendous demand to own and thus some value.
But what about that picture of your grandfather standing on the beach in Hawaii in 1936? There’s only one of these pictures so it too is very rare, but is there any value? Not necessarily.