Growing, growing and far from gone
The rise and rise of Hong Kong's stature as a key player in the international auction scene, all through the most challenging months of the pandemic, augurs well for the city's future as a pre-eminent, world-class arts hub. Joyce Yip reports.
By Joyce Yip |
HK EDITION |
Updated: 2021-09-17 13:39
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"The logistics of running a private sale is much easier than an auction," Belin said, pointing out that the latter saw a 40 percent growth in this sector. "If the owner is willing to sell and the buyer is willing to buy, then why should either party wait another three months for the auction? We're here to bring transparency on prices and put it on a public platform."
Crockett agrees that going forward, the roles of galleries and auction houses will continue to blur; secondary and primary markets will grow into more interchangeable entities and business models in both sectors will continue to evolve.
