Asian decor is quite popular these days.
FOX’s Carole Zimmer reports:
Asian art used to be an acquired taste, now people are decorating their homes with it.
Asia week is now in its eighth year in New York. The 10-day event attracts collectors, dealers and people interested in looking at rare paintings, sculptures, jewelry and prints. The event has been described as a kind of high-culture pub crawl for art lovers. At last year’s 10-day event, about $150 million in art was sold.
Leon Wender is director at China 2000 Fine Art. He says classical Chinese furniture has become popular with wealthy Chinese collectors:
(Wender) “If you took a pair of simple straight back chairs that would have sold for $10,000 in like 1990. Today that same pair of chairs could be $400,000-$500,000.”
He says rare objects like carved jade don’t come cheap:
(Wender) “If its 18th century and you’re looking at carved mountains that might be 6-8 inches high, finely carved, they get big money. Could be talking well over a million dollars.”
Some galleries are featuring pieces that are even older, like a copper Buddha statue dating from the early 14th century.
China 2000’s exhibit features works by American artists Robert Rauschenberg and Roy Lictenstein that express their interest in Chinese artistic expression.
I’m Carole Zimmer, FOX News.